Profit Centers

Self-storage facilities that offer products and services beyond basic storage units will attract a broader range of clientele. Providing these ancillaries will also help the business generate new revenue.

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Valet Self-Storage Startup Closetbox Continues to Expand Into New U.S. Markets

Jan 08, 2018

Update 1/8/18 – Closetbox recently added 10 new markets in nine states to its service area. The markets are Baton Rouge, La.; Canton, Ohio; Central Pennsylvania; Chattanooga, Tenn.; Durham, N.C.; Huntsville, Ala.; Jackson, Miss.; Knoxville...

Business Owner Converts Oil Tank to Self-Storage, Vehicle Storage in South Portland, ME

Dec 18, 2017

Portland Container Co., a mobile-storage startup in Portland, Maine, has launched the self-storage component to its business inside a converted oil tank on Lincoln Street in South Portland. Owner Ben Davis intends to target owners of luxury boats...

10 Ways to Create Self-Storage Revenue With Rental Trucks

Dec 06, 2017

The busy nature of running a self-storage facility can make it difficult to find new ways to earn revenue. A rental-truck program can help you trump your competition, provide a valuable service and generate additional cash flow.

Hong Kong Valet-Storage Startup Boxful Raises $18M in Second-Round Funding

Dec 06, 2017

Boxful, a Hong Kong-based startup business specializing in valet self-storage services, has raised $18 million in a second-round fundraising from several investors including real estate developers Nan Fung Group, Shimao Property Holdings and Shui...

Australia's Mobile-Storage Market: A Snapshot of Operators, Growth and Predictions

Nov 28, 2017

Australia's mobile-storage industry is on the fast track for growth, with more companies entering the market and vying for customers. This article offers a snapshot of the thriving business, highlighting the companies in operation and making...

Self-Storage Profit Think Tank: Ideas to Generate More Add-On Revenue

Nov 28, 2017

Self-storage operators think outside the boxes, locks and mattress bags and tell us what they would sell in a world where legal issues dont count and they could sell anything they wanted at their facility to make more money. Get some fresh ideas...

Selling Retail Product in Self-Storage: Plan-O-Grams and Pricing

Nov 28, 2017

Selling boxes, locks and packing materials at your self-storage facility requires more than just keeping inventory in stock. You need a plan. The best way to entice your customers to buy these items is through proper pricing and attractive displays.

Valet Self-Storage Operator MakeSpace Announces Management Changes

Nov 14, 2017

MakeSpace Labs Inc., a business specializing in valet-style self-storage services in Chicago, Los Angeles, New York City and Washington, D.C., has made several changes to its management team. The company named a new CEO, hired a chief marketing...

3 Ways to Achieve Faster Lease-Up at Your Self-Storage Facility

Nov 02, 2017

When it comes to leasing up a new or failing self-storage facilities, managers should consider going beyond the basics to differentiate from competitors. Guest blogger Tim Schlee of VaultDrop LLC offers three ways operators can speed up lease-up...

Generating New Self-Storage Revenue: The Benefits of Offering Add-On Products and Services

Oct 19, 2017

As self-storage continues to move away from the “industrial” moniker and likened more to a “retail” offering, operators are experimenting with products and services that will meet their existing renters’ needs as well as attract a new demographic...

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