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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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...

Australia-Based Peer-to-Peer Self-Storage Operator Spacer Raises $2.7M, Buys Parkhound

Oct 11, 2017

Spacer.com.au Pty. Ltd. of Australia, a peer-to-peer self-storage marketplace, has raised $2.7 million in funding that it will use to acquire competitor Parkhound and pursue other expansion opportunities. The purchase will add 55,000 customers and...

Peer-to-Peer Self-Storage Marketplace SimplyStow to Launch in Lancaster, PA

Oct 06, 2017

SimplyStow, a Lancaster, Pa.-based startup, is scheduled to launch a peer-to-peer self-storage marketplace next month that will serve the local community and student body at Franklin & Marshall College (F&M). Similar to other shared-economy...

Case Study: Tri-Village Self Storage Offers a Tasteful Balance to Downtown Columbus Market

Oct 02, 2017

This case study by Janus International Group showcases the development of Tri-Village Self Storage in Columbus, Ohio, a six-story facility featuring wine storage as well as a wine-tasting room. Read how the owners overcame obstacles including a...

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