Also, we are at a prime location where space is limited. Therefore siting our business here continues to attract client-growing clientele. Currently, we are seeking ways of expansion. Luckily we own properties in different locations within the city. This will help in our expansion drive.
Our services are in high demand and are varied. These are all self storage related and include climate controlled self storage, non climate controlled self storage, information management service as well as portable container storage. Additional services include, self storage, military storage, students storage, 24hour storage, vehicle storage and business storage. In addition to these, we also provide the option of customizable storage. However, this attracts higher fees.
Thus, we are embarking on an expansion drive. Through this, we seek to cover all major areas within the city. These are places where our services are in demand. Our vision as a company is to meet the pressing needs of businesses and individuals for space. Consequently, we are developing better ways to please our clients. With time, we will develop more self storage options on a need basis.
However, we still have a long way to go in achieving our goals. This is the reason we seek to expand our operations. Also, equipment will be sourced from this amount. Our operations over the last 2 years have been quite challenging. On the other hand, our efforts have been rewarded.
Despite our progress, we have done an analysis of our viability. Important areas have been analysed and have been revealing. Our strength has been our ability to navigate through difficult times. This has been attributed to our expertise. Commitment on the part of our staff as well as our cordial relationship with clients has greatly helped. We seek to build on such strengths to ensure better performance. Our weakness is in our current size.
This is the main reason we have decided to expand. While there has been an increasing demand for self storage, our facilities have been overwhelmed. This will enable us meet growing demands. In addition, it will significantly increase our profitability. Your business plan can look as polished and professional as this sample plan. It's fast and easy, with LivePlan. Don't bother with copy and paste. Get this complete sample business plan as a free text document.
Download for free. Westbury Storage, Inc. Company Summary company overview is an overview of the most important points about your company—your history, management team, location, mission statement and legal structure. Start-up Summary Advertising and promotion will rely heavily ads in the Yellow Pages, as well as initial local newspaper ads at the time of opening.
As a self-storage facility electricity is needed only to power the rows of low-draw tube lighting. Start your own self-storage business plan Start your own business plan Start planning. Get the Bplans newsletter: Expert business tips and advice delivered weekly. Plan, fund, and grow your business. Plan, fund, and grow your business Easily write a business plan, secure funding, and gain insights.
Start your plan. Start-up Expenses. Start-up Assets. Cash Required. Total Requirements. Start-up Expenses to Fund. Non-cash Assets from Start-up. Liabilities and Capital. Current Borrowing. Planned Investment. Roger Black. Loss at Start-up Start-up Expenses. Total Capital and Liabilities.
It's fast and easy, with LivePlan. Don't bother with copy and paste. Get this complete sample business plan as a free text document. Download for free. Westbury Storage, Inc. Executive Summary executive summary is a brief introduction to your business plan.
It describes your business, the problem that it solves, your target market, and financial highlights. Start your own self-storage business plan Start your own business plan Start planning. A large building of similar size located next door and connected by a walk bridge has already been converted successfully and is operating well.
The Westbury Storage building contains three floors of heavy-duty wood and steel beam construction ideally suited to the planned purpose of self-storage units. The building is heated by oil. One of the two elevator shafts will be the home for a new over-sized passenger elevator suitable for transporting storage contents from the ground level to the units on the second and third floors. A large separate parking lot area comes with the building but will not be needed for this project.
This lot could be sold or could be the site of additional future storage units to be set up using one of several one-story steel storage systems. It is estimated that, with purchase of the building taking place in June of this year, the conversion into storage units could be completed and ready for occupancy by the end of the year. Demand for the units is strong, as evidenced by the market survey of existing self-storage facilities. Roger Black and Sebastian Stote are owners of Plainview Storage which is a unit self-storage facility converted in from a former piano factory.
All units are fully rented. Sebastian Stote is owner of Stote Movers, which is a family business providing residential and commercial moving since In addition to being the source of many of the rentals at Plainview Storage, Stote Movers has 52 filled foot trailers located in Roslyn-by-the-Sea.
Advertising and promotion will rely heavily ads in the Yellow Pages, as well as initial local newspaper ads at the time of opening. They will be reduced in the second year to half this amount and eliminated in the third year. Significant increases are not expected.
Building maintenance is normally a very substantial item on a building of this size built in However, the roof has been completely redone fairly recently and the basic structure of the building is very robust. The start-up costs reflect adequate amounts to ready the building for opening in good order. Also, it should be noted that expenditures for building maintenance would need to be larger if the building were being used for offices rather than storage.
Telephone: Most of the telephone bill will be the charges for the Yellow Pages ads. These costs are already included in advertising and promotion. Your business plan can look as polished and professional as this sample plan. It's fast and easy, with LivePlan. Don't bother with copy and paste. Get this complete sample business plan as a free text document. Download for free.