Pros and cons of investing in climate-controlled storage
The relocation business is a never-ending list of opportunities and ways in which you can make relocation easier. People tend to store items when they move houses, but this is not the only reason why they might store items. Relocation, spring cleaning, storing items of a deceased family member, etc. are all reasons why people store items. And when they do, they want to have the best conditions for the items they want to store. This is where investing in climate-controlled storage comes in. We will present to you the pros and cons of investing in these units, as the Master Moving Guide has all the answers that you need.
What are climate-controlled storage units and what is their purpose?
A climate-controlled storage unit is a unit with dehumidifiers and a special HVAC system. HVAC encompasses heating, ventilation, and air-conditioning. This means both humidity and temperature are taken care of in these units. This further implies that no mold or mildew can show in climate-controlled storage units, which is why people need to store certain items in them. Let`s see what items should be stored in climate-controlled storage units:
- Art – Paintings and other art pieces should definitely be stored in climate-controlled storage units.
- Electronics – In order for the electronic items to function the same way before storing, they need to be stored in a climate-controlled unit.
- Clothes – Fabric is prone to changes if the temperature and humidity are not right, so your customers will seek climate-controlled storage units.
- Books – Paper is also one of the sensitive items that require special care when storing.
- Wooden items – Musical instruments and furniture should never be left at a regular storage unit, as the changes can be catastrophic after you take the items out of the storage unit.
The cons of investing in climate-controlled storage
Let us start with the cons of investing in climate-controlled storage units. Although there are not many of them, before you begin investing in these units, you should pay attention to some things.
Climate-controlled storage units cost more than the regular ones
This is a serious con when it comes to investing in this type of storage unit. Namely, due to the complex system that climate-controlled units implement it costs more to rent such a unit. The price between a climate-controlled storage unit and a regular unit can differ in 25% to 50% easily. However, since people who store valuable items usually know all the benefits of this type of store, this will not set them back.
As with any business or part of business, you must be aware of the competition around you. Nowadays, you do not have to be a mover in order to invest in climate-controlled storage units. It is enough that someone has money and experience in the field. Of course, this does not have to mean that your business will fail, you just need to be on top of your game. Monitor the prices in other storage units, offer frequent discounts, and offer exceptional service so that your business does not suffer. Many storage units offer a first-month free service, so you may want to take that into consideration.
Storage units are generally much easier to maintain than for example renting houses and apartments. However, they do have one thing in common. Location is the most important factor that can influence the whole success of investing in climate-controlled storage units. It is essential that you choose the perfect location for your storage units, otherwise a success is not guaranteed. Your customers will look at location first when they try to find a good storage unit in a new city.
Pros of investing in climate-controlled storage units
Now we will move on to see what are the pros of investing in climate-controlled storage units.
No matter how much they cost, the fact is that these units truly are in high demand recently. It has become so easy to purchase a new item, and we just keep piling the items up. So, when the time comes to make some changes in our life or relocate we realize that some of the items just need to go to the climate-controlled storage unit. An excellent thing about this business is that it will never be out of demand, so you might enjoy that fact starting now.
When you rent a climate-controlled storage unit, there is not much you can do anymore. You do not have to clean it daily like you would have to with apartments. Nor will you have a lot of phone calls regarding the storing. You need to have the units guarded, and to keep the systems working. And that is pretty much it. This is one of the best pros that you will have after investing in these unit types. Of course, after you implement all the must-have storage security measures in your units, you will be able to relax.
Pricing once again
Pricing can be sorted out on the pro side as well as on the con side. It costs more to rent a climate-controlled storage unit, and this may drive the customers away. On the other hand, since the demand is high and the need for these units is real, you will never have a vacant storage unit. So, you will be able to enjoy the financial paradise with these storage units.
We have seen what are the pros and cons of investing in climate-controlled storage units. And we must confess, the pros have outweighed the cons this time, as investing in these units is really beneficial for your business. And whatever you do, make sure that you are respecting your customers` demands and needs. This is the only way to make any business work. Good luck!