Oftentimes when we hear of the rent or purchase of property and buildings, we think of it as a major expenditure. While this is true, it is also important to view the purchase as an investment. Many people earn their living off of purchasing property and/or houses. They make major improvements and renovations on the purchased property. Then afterwards, they sell it for much more than what it is worth. As for a warehouse storage facility, building and purchase one can in fact be a major expense. However, the returns on a warehouse storage facility can be great.
In this blog, we will discuss the reasons why a storage warehouse is a great investment, from the perspective of a moving and storage company.
Storage Space for Rent
Owning a warehouse storage facility means that you have plenty of storage space for rent. Similar to renting out a house, you may offer storage space for rent, to others who do not have this space. Coming from a moving and storage company, there is a major market for people who need storage space for rent. Oftentimes people search, “warehouse storage near me” or “storage space near me” in an attempt to find affordable storage in their area. Don’t have a lot of competition in your area? Then you are in a perfect spot to invest in a warehouse storage facility!
Warehousing and Distribution
The investment in a warehouse storage facility opens the door for you to conduct warehousing and distribution. This is another MAJOR money pit that offers endless rewards for those who are willing to take the challenge. Many companies that sell products do not have the capacity to handle warehousing and distribution on their own. For a company that produces their products overseas, it is cheaper to bulk order and ship the inventory to one location. This location could be your warehouse storage facility! Commercial storage at its finest. You store their inventory for them, and then handle the distribution of the inventory as well. The only extra step that you need to handle in this process is the distribution. You already have the warehousing covered at this point!
Less Expenses with a Warehouse Storage Facility
Compared to a standard storage company facility, a warehouse storage facility requires far less upkeep, maintenance and front end costs. A standard storage company facility has individual pods and units spread out over an entire encompassment. Each storage unit needs to be maintained. Some require temperature control. Whereas a warehouse storage facility is far more simple. Instead of individual storage units, you may install cages or even shelves to separate spaces. Some people may even choose to store large items such as boats or RV campers in your warehouse storage facility. If that’s the case, then there is no need for you to worry about providing a designated space! Just park it and let it sit.
OnDemand Storage has three warehouse locations in the Boston area. We offer warehousing and distribution services to our customers. Interested to learn more? Contact us.
