My wife and I are looking to getting into the self storage/climate control storage business. I have full time job(family owned) and plan on staying there, but we are looking into our future investments. I have read up on the industry the last couple of months and I have trying to decide which is better....franchise or go at it by myself. I know most pro's vs. con's for both types, but if anyone here has some information or links to getting into the business I would appreciate it. I am looking into buying the land, building climate control self storage, standard storage, and also having about an 1 ac for rv/boat (covered&uncovered) storage. Thanks for any help!!

Shane

Well I didn't think there would be this many responses???? JK

The information you are asking for cannot possibly be answered ina short response. For example, a lot depends on where you would like to have this business, how much capital do you have, what relationships do you have with potential lenders, are you looking for a high risk/high reward opportunity or would you rather buy an existing facility that is profitable but you may not make as high of a return, do you plan on hiring experts to help you buy/develop/build/manage, etc.

So bottom line, my suggestion is to go to the ISS buyers guide ( you can get that by going to Inside Self-Storage) and look up some of the industry consultants and perhaps spend some time and money with them getting some professional advice.

This is a great industry and business to be in, providing you make the right desisions and take advantage of the right opportunities, but like everything else, it takes hard work, money, time and even luck to be successful.

Good luck and welcome to the Self Storage world.

__________________
Mel Holsinger, President
Professional Self Storage Management, LLC
3434 E. Kleindale Ste. E
Tucson, AZ 85716
O: 520.320.9135
F: 520.320.9435
www.proselfstorage.com

We have a lot of helpful information available. Where are you located? It might be a good idea to have a rep sit with you to talk storage.

__________________
Dan Wolan
A-Lert Building Systems
dwolan@centurionind.com
www.alertbuildingsystems.com
(248) 961-3112
(800) 210-5375