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Self-Storage Business Plan

Westbury Storage Inc.

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Services


3.0 Services

Westbury Storage will provide short- and long-term self-storage services in the North Shore community. The company owners have extensive experience in the storage business as well as the good connections in the moving business. The later will help utilise the storage space at the maximum capacity. Westbury Storage will provide about 45,000 square feet of well maintained self-storage units that will be offered for both residential and small business renters.


3.1 Competitive Comparison

All self-storage facilities that could be found in Westbury or the area bordering Westbury were surveyed with the following results:

Name

Size

Price

Oliver St. Mini Storage

5X10

£48

10X10

£75

E-Z Mini Storage

5X5

£37

S. Centreport

5X10

£67 +£25 deposit

Extra Space Storage

5X5

£49 + £9 fee

10X10

£106 (second floor)

£139 (ground floor)

Washington

8X6

£50

47 State

9X9

£50 (second floor)

Public Storage

5X5

£35

Merrick Road.

5X10

£55

10X10

£95

10X15

£129

10X20

£147

North Shore Self

5X5

£45 + £5 fee

Storage

5X10

£70 (second floor)

10X15

£130

U-Haul

5X10

£42.95

10X10

£95

Prices average at £1.20 per sq. ft. per month. Mean price is closer to £1.40.

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