1.            Self Storage Feasibility

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  • Self Storage Feasibility Study

    Sterling Management Group offers self storage management services that are highly professional and give the clients excellent value for their money. Businessmen who want to start a self storage business or already have one can contact Sterling Management to get a feasibility study done for their site. A self storage feasibility study can help the facility owners in getting a detailed insight on the potential of the site as profitable or, in case of existing facility, a place needing improvements. The self storage feasibility study examines the location of the self storage facility and takes in account factors like demographics, market demand, nature of the community, competition present in the area and several other instances that can affect business in an area.

    By getting a detailed self storage feasibility study done, the clients can find out where they stand as compared to their competition in that area. The overall market conditions are used to determine the probability of success if self storage facility operations are started in that area. In the self storage feasibility study, the professionals from Sterling will also recommend the per unit price of the according to the subject market and also suggest the ideal unit mix between the climate controlled and the non-climate controlled units. The summary of findings will be provided by scoring the success probability of the proposed site.

    Sterling Management provides self storage feasibility studies in two phases, the first phase study includes an on-site visit, demographic review and competition analysis. The second phase, the full scale study, is recommended only when the Sterling management professional believe a site to have potential for success. The second phase study offers a written documentation with proofs of findings which is hardbound and can be easily used for presentations while meeting with investors or lenders. Both plans are available at affordable prices. Find out more about the self storage feasibility studies by browsing through this website.

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