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Boat and RV Storage Business Plan Template

Written by Dave Lavinsky

boat and rv storage business plan template

Boat and RV Storage Business Plan

Over the past 20+ years, we have helped over 1,000 entrepreneurs and business owners create business plans to start and grow their boat and RV storage businesses. On this page, we will first give you some background information with regards to the importance of business planning. We will then go through a boat and RV storage business plan step-by-step so you can create your plan today.

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What is a Boat and RV Storage Business Plan?

A business plan provides a snapshot of your RV and boat storage facility as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategy for reaching them. It also includes market research to support your plans.

Why You Need a Business Plan for a Boat and RV Storage Facility

If you’re looking to start an RV and boat business or grow your existing business, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your storage business in order to improve your chances of success. Your business plan is a living document that should be updated annually as your company grows and changes.

Sources of Funding for Boat and RV Storage Facilities

With regards to funding, the main sources of funding for a storage facility are personal savings, credit cards, bank loans, and angel investors. With regards to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal assets and bank loans are the most common funding paths for storage businesses.

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How to write a business plan for a boat and rv storage facility.

If you want to start a boat and RV storage business or expand your current one, you need a business plan. Below are links to each section of your boat and RV storage business plan:

Executive Summary

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.

The goal of your Executive Summary is to quickly engage the reader. Explain to them the type of storage facility you are operating and the status. For example, are you a startup, do you have a storage business that you would like to grow, or are you operating a chain of storage facilities?

Next, provide an overview of each of the subsequent sections of your plan. For example, give a brief overview of the storage industry. Discuss the type of RV and boat storage facility you are operating. Detail your direct competitors. Give an overview of your target customers. Provide a snapshot of your marketing plan. Identify the key members of your team. And offer an overview of your financial plan.  

Company Analysis

In your company analysis, you will detail the type of business you are operating.

For example, you might operate one of the following types of boat and RV storage businesses:

  • Canopy Style Storage : this type of business provides storage space with an overhead canopy to protect from sun exposure.
  • Manger Style Storage: this type of storage business provides covered three-sided storage (sides and a back wall) for more protection from wind and snow.
  • Enclosed Individual Storage: this type of facility provides fully enclosed units to offer the most protection from weather, as well as to offer the most security.

In addition to explaining the type of business you will operate, the Company Analysis section needs to provide background on the business.

Include answers to question such as:

  • When and why did you start the business?
  • What milestones have you achieved to date? Milestones could include the number of customers served, number of positive reviews, total number of spaces occupied, etc.
  • Your legal structure. Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

Industry Analysis

In your industry analysis, you need to provide an overview of the storage industry.

While this may seem unnecessary, it serves multiple purposes.

First, researching the storage industry educates you. It helps you understand the market in which you are operating.

Secondly, market research can improve your strategy, particularly if your research identifies market trends.

The third reason for market research is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

storage industry growth outlook

The following questions should be answered in the industry analysis section:

  • How big is the boat and RV storage industry (in dollars)?
  • Is the market declining or increasing?
  • Who are the key competitors in the market?
  • Who are the key suppliers in the market?
  • What trends are affecting the industry?
  • What is the industry’s growth forecast over the next 5 – 10 years?
  • What is the relevant market size? That is, how big is the potential market for your storage business? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

Customer Analysis

The customer analysis section of your plan must detail the customers you serve and/or expect to serve.

The following are examples of customer segments : boat owners, RV owners, young professionals, families, and retirees.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of business you operate. Clearly, a young professional boat owner would respond to different marketing promotions than retired RV owners, for example.

Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the customers you seek to serve. Because most boat and RV storage facilities primarily serve customers living in the same city or town, such demographic information is easy to find on government websites.

Psychographic profiles explain the wants and needs of your target customers. The more you can understand and define these needs, the better you will do in attracting and retaining your customers.  

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Competitive Analysis

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other boat and RV storage facilities.

Indirect competitors are other options that customers have to purchase from that aren’t direct competitors. This includes boat and RV rental companies as well as empty lot rentals. You need to mention such competition as well.

With regards to direct competition, you want to describe the other RV and boat storage businesses with which you compete. Most likely, your direct competitors will be RV and boat storage facilities located very close to your location.

storage facility competition matrix

For each such competitor, provide an overview of their businesses and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as:

  • What types of customers do they serve?
  • What types of storage units do they offer?
  • What is their pricing (premium, low, etc.)?
  • What are they good at?
  • What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

  • Will you provide better storage services and security?
  • Will you provide services that your competitors don’t offer?
  • Will you provide better customer service?
  • Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.  

Marketing Plan

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. Your marketing plan should include the following:

storage marketing plan diagram

Product : In the product section, you should reiterate the type of RV and boat storage facility that you documented in your Company Analysis. Then, detail the specific products you will be offering. For example, in addition to RV and boat storage, will you provide pull-through access, utilities such as water and electricity, or other services including a dump station, wash station, or propane station?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your marketing plan, you are presenting the services you offer and their prices.

Place : Place refers to the location of your RV and boat storage facility. Document your location and mention how the location will impact your success. For example, is your storage facility located in a freeway-accessible area or large residential area, etc. Discuss how your location might be the ideal location for your customers.

Promotions : The final part is the promotions section. Here you will document how you will drive customers to your location(s). The following are some promotional methods you might consider:

  • Advertising in local papers and magazines
  • Reaching out to local websites
  • Social media marketing
  • Local radio advertising

Operations Plan

While the earlier sections of your plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your business, including billing customers, speaking with potential customers, giving potential customers facility tours, and maintaining the storage units.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to rent your 50th unit, or when you hope to reach $X in revenue. It could also be when you expect to expand your storage business to a new location or city.  

Management Team

To demonstrate your business’ ability to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.

Ideally, you and/or your team members have direct experience in managing storage facilities. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing boat and RV storage businesses or successfully running small businesses.  

Financial Plan

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet, and cash flow statements.

Income Statement : an income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenues and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, will you rent one new unit per day or per week? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets : Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your business, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a bank writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement : Your cash flow statement will help determine how much money you need to start or grow your business, and make sure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.

storage facility expenses

In developing your Income Statement and Balance Sheets it should include how much it costs to start or grow an RV storage or boat storage business:

  • Location build-out including design fees, construction, etc.
  • Cost of equipment, supplies and maintenance
  • Payroll or salaries paid to staff
  • Business insurance
  • Taxes and permits
  • Legal expenses

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your storage location lease or blueprints of enclosed storage units you are working on.  

Putting together a business plan for your boat and RV business is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert and know how to start a boat storage business. You will really understand the storage industry, your competition, and your customers. You will have developed a marketing plan and will really understand what it takes to launch and grow a successful RV and boat storage business.  

Boat and RV Storage Business Plan FAQs

What is the easiest way to complete my boat and rv storage business plan.

Growthink's Ultimate Business Plan Template allows you to quickly and easily complete your Boat and RV Storage Business Plan.

What is the Goal of a Business Plan's Executive Summary?

The goal of your Executive Summary is to quickly engage the reader. Explain to them the type of boat and RV storage business you are operating and the status; for example, are you a startup, do you have a boat and RV storage business that you would like to grow, or are you operating a chain of boat and RV storage businesses?

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Boat and RV Storage Business Plan Template

Written by Dave Lavinsky

Junk Removal Business Plan

You’ve come to the right place to create your Junk Removal business plan.

We have helped over 1,000 entrepreneurs and business owners create business plans and many have used them to start or grow their Junk Removal businesses.

Below is a template to help you create each section of your Junk Removal business plan.

Executive Summary

Business overview.

Rick’s Boat and RV Storage is a startup boat and recreational storage business located in Missoula, Montana. The company is founded by Richard Diamond, an experienced outdoorsman and trout fishing guide who has built an extensive clientele of travelers who arrive in Missoula towing fishing boats and recreational vehicles. Richard has garnered a positive reputation as a an excellent source of information in everything related to fishing and outdoor experiences. He has already received over thirty commitment letters from his clientele, indicating they will utilize his boat and recreational storage business when they travel to the area. Richard is confident that he can efficiently create the startup business and build it into a long-term profit generator. Rick’s Boat and RV Storage will provide excellent service in addition to the ideal setting for boat and recreational vehicle storage. In addition to providing covered storage in premium spaces, the startup will also provide cement throughout, laundromat services, water and air stations, and a repair shop to service boats and recreational vehicles. Rick’s Boat and RV Storage will be the premier location to house a boat or vehicle for any length of time.

Product Offering

The following are the services that Rick’s Boat and RV Storage will provide:

  • Daily, weekly, monthly, and yearly rates for boat and recreational vehicle storage
  • Cement flooring on all storage bays
  • Air tag check-in/check-out privileges
  • Premium covered spaces for boats or recreational vehicles
  • Repair shop for boats and recreational vehicles
  • Self-serve laundromat facility for campers and boaters
  • Water and air stations for vehicles
  • Black water/gray water sewage removal station

Customer Focus

Rick’s Boat and RV Storage will target all owners of boats and recreational vehicles. They will target local owners who need a permanent place to house a vehicle and they will target travelers, those who fish and those who hike in the area. They will target new owners of boats and recreational vehicles. They will target those who are shopping for boats and recreational vehicles. In all cases, Rick’s Boat and RV Storage will deliver the best services for the reasonable cost of storage, along with premium care and repair of their vehicles.

Management Team

Rick’s Boat and RV Storage will be owned and operated by Richard Diamond. He has recruited Sandy Hayes, an associate with ten years of experience as an recreational vehicle park owner, to be his Operations Manager and help oversee the office and administration duties.

Richard Diamond is a graduate of Missoula Central College, where he graduated with a General Business degree. He has spent the previous twenty years in the outdoorsman business, where he served as a trout fishing guide and general manager for a recreation company. His reputation as a trusted advisor in everything related to outdoor experiences has led him to be “premier trout fishing guide” in the Missoula region. Richard is also a recreational vehicle enthusiast, having owned several in the past twenty years and is highly-knowledge in servicing and repairing them.

Success Factors

Rick’s Boat and RV Storage will be able to achieve success by offering the following competitive advantages:

  • Friendly, knowledgeable, and highly qualified team of Rick’s Boat and RV Storage
  • Comprehensive menu of services, including boat and recreational vehicle repair
  • Air tag check in/check out services
  • 125 storage bays for vehicles up to 42-feet in length
  • Cement bays, providing superior tire wear and longevity
  • Premium covered bays at modest additional pricing
  • Reasonable rates and discounted long-term rates
  • Convenient laundromat facility for travelers
  • Rick’s Boat and RV Storage will offer modest pricing and expanded services far beyond those of any other storage facility

Financial Highlights

Rick’s Boat and RV Storage is seeking $200,000 in debt financing to launch its boat and recreational vehicle storage business. The funding will be dedicated toward securing the office space and purchasing office equipment and supplies. Funding will also be dedicated towards three months of overhead costs to include payroll of the staff, rent, and marketing costs for the print ads and marketing costs. The breakout of the funding is below:

  • Office space build-out: $20,000
  • Office equipment, supplies, and materials: $10,000
  • Three months of overhead expenses (payroll, rent, utilities): $150,000
  • Marketing costs: $10,000
  • Working capital: $10,000

The following graph below outlines the financial projections for Rick’s Boat and RV Storage.

Rick’s Boat and RV Storage Pro Forma Projections

Company Overview

Who is rick’s boat and rv storage.

Rick’s Boat and RV Storage is a newly established full-service boat and recreational vehicle storage business in Missoula, Montana. Rick’s Boat and RV Storage will be the most reliable, cost-effective, and efficient choice for boat and recreational vehicle owners within Missoula and those who travel to the Missoula region. Rick’s Boat and RV Storage will provide a comprehensive menu of storage and repair services for any boat or recreational vehicle owner to utilize. Their full-service approach includes a comprehensive array of services, including storage, repair services, air and water stations, sewage removal station, laundromat facility and premium covered bays.

  Rick’s Boat and RV Storage will be able to house and service boats and recreational vehicles of all sizes and types. The team of professionals are highly qualified and experienced in both the use of boats and recreational vehicles, and the storage of them, as well. Rick’s Boat and RV Storage removes all headaches and issues of the boat and recreational vehicle owner and ensures all issues are taken care of expeditiously while delivering the best customer service.

Rick’s Boat and RV Storage History

Rick’s Boat and RV Storage is owned and operated by Richard Diamond. He has been an experienced trout fishing guide and general manager for a recreation company for the past twenty years. His reputation as a trusted advisor in everything related to outdoor experiences has led him to be “premier trout fishing guide” in the Missoula region. Richard is also a recreational vehicle enthusiast, having owned several in the past twenty years and is highly-knowledge in servicing and repairing them.

Since incorporation, Rick’s Boat and RV Storage has achieved the following milestones:

  • Registered Rick’s Boat and RV Storage, LLC to transact business in the state of Montana.
  • Has a contract in place at the boat and recreational vehicle site and will set up a repair bay, a laundromat, and a small office area within 10,000 square feet.
  • Reached out to numerous clients, resulting in 34 letters of commitment from them to place boats and recreational vehicles at Rick’s Boat and RV Storage.
  • Began recruiting a staff of service employees and office personnel to work at Rick’s Boat and RV Storage.

Rick’s Boat and RV Storage Services

The following will be the services Rick’s Boat and RV Storage will provide: (9-10)

Industry Analysis

The boat and recreational vehicle storage industry is expected to grow over the next five years to over $88 billion. The growth will be driven by the increase in travelers seeking outdoor experiences that offer the ease and luxury of self-provided accommodations. The growth will also be driven by boaters who either use the vehicles for swimming and leisure activities or those who fish. The growth will also be driven by those who do not want to travel outside the U.S., preferring instead to travel within the contiguous U.S. The growth will be driven by those who seek to visit the natural beauty of the U.S. Costs will likely be reduced as the continuing high volume of recreational vehicles and boats in inventory drives the purchase pricing to lower rates.

Customer Analysis

Demographic profile of target market.

Rick’s Boat and RV Storage will target all owners of boats and recreational vehicles. They will target local owners who need a permanent place to house a vehicle and they will target travelers, those who fish and those who hike in the area. They will target new owners of boats and recreational vehicles. They will target those who are shopping for boats and recreational vehicles. In all cases, Rick’s Boat and RV Storage will deliver the best services for the reasonable cost of storage, along with premium care and repair of their vehicles.

Customer Segmentation

Rick’s Boat and RV Storage will primarily target the following customer profiles:

  • Boat and recreational vehicle owners
  • Boat and recreational vehicle renters
  • Owners of high-value recreational vehicles and boats who want to secure the best storage coverage and protection
  • Owners of recreational vehicles that are over-sized up to 42-feet in length
  • Boat and recreational vehicle owners with a need for repairs or servicing
  • Travelers who need temporary housing for boats or recreational vehicles
  • Travelers who need laundromat services
  • Travelers who need black water/gray water sewage removal services

Competitive Analysis

Direct and indirect competitors.

Rick’s Boat and RV Storage will face competition from other companies with similar business profiles. A description of each competitor company follows:

Bosch Vehicle Storage

Bosch Vehicle Storage provides services and storage for boats, cars and recreational vehicles of all types. Located in Missoula, Montana, the company is able to store 50 vehicles on their property. The company offers an air and water station for servicing vehicles and an asphalt surface for storage of the vehicles. Bosch Vehicle Storage is known for low pricing and a midtown location, which is easy to access from the freeway.

The promise of Bosch Vehicle Storage is to provide the lowest cost for storage of vehicles, along with the asphalt surface bays and easy access for all long-term owners. Their list of services include: air and water station for servicing vehicles, on-site office manager, and a gated lot with guaranteed security of vehicles. The owner, Manning Bosch, acts as the on-site office manager and handles all operations of the business.

In-&-Out Travel Trailer Service

In & Out Travel Trailer Service is a Missoula-based company that provides storage for travel trailers up to 42-feet in length. The company sits on a lot that provides storage for up to 40 trailers at a time. The lot is gravel-surfaced and the boundaries are set by planter boxes around the property lines. Owners use self-service directions to enter, park and remove trailers. A self-service cash box is placed at each bay for daily payment in dollar bills. The business is owned by Ray and Tammy Sellers, who have owned and operated the business for almost thirty years. Their roles include office management and operations oversight. They live in a trailer on-property, which allows them to patrol the lot regularly for security purposes. The In & Out Travel Trailer Service is a favorite lot for homeowners in the area who have trailers over 36-feet in length.

Golden Trout RV Park & Storage

Golden Trout RV Park and Storage is a recreational vehicle park on the southern edge of Missoula. It is owned and operated by Haukie and Rami Suwani, who live on the property and act as co-managers of the facility. The primary objective of the recreational vehicle park is to provide camping for travelers or those interested in fishing and, as such, the amenities are limited to those that travelers might need: convenience food items in vending machines, bottled beverages in a vending machine, self-service payment stations and a small pond for “kiddie” fishing, along with a playground area. The recreational vehicle park will store vehicles on a short-term basis only during the winter months, as the high season is summer and visitors require all available spaces. Boats are occasionally accommodated, although not on a regular basis.

Competitive Advantage

Rick’s Boat and RV Storage will be able to offer the following advantages over their competition:

Marketing Plan

Brand & value proposition.

Rick’s Boat and RV Storage will offer the unique value proposition to its clientele:

  • Highly-qualified team of skilled employees who are able to provide comprehensive services, including customer service, vehicle repairs and multiple options for recreational vehicle and boat storage care and protection
  • Cement flooring in all bays, providing tire wear-and-tear protection
  • Reasonable pricing and a large selection of storage bays from which to choose, including premium covered bays at a modest additional price
  • Repair and servicing of vehicles and boats
  • Laundromat facilities on-site

Promotions Strategy

The promotions strategy for Rick’s Boat and RV Storage is as follows:

Word of Mouth/Referrals

Richard Diamond has built up an extensive list of clientele contacts over the years by providing exceptional service and expertise to his clients. Thirty fishermen and recreational vehicle travelers have already committed to placing their boats and recreational vehicles in his storage bays for extended periods of time. They have also agreed to help spread the word of Rick’s Boat and RV Storage to their friends and associates.

Professional Associations and Networking

Various regional and national trade shows for recreational vehicles and boats will be targeted for booth rentals by Rick’s Boat and RV Storage, primarily to spread the word about this new service for regional visitors and fishermen. In addition, regional associations, such as the Chamber of Commerce and membership clubs will be targeted for referrals. Fishing competitions and related industries will be targeted, as well.

Print Advertising

Print advertising will be launched in fishing and boating periodicals and in flyers advertising services to locals.

Website/SEO Marketing

Rick’s Boat and RV Storage will fully utilize their website for customer usage, including a space reservation portal, customer communication, informational notes for customers and other announcements. The website will be well organized, informative, and list all their services that Rick’s Boat and RV Storage is able to provide. The website will also list their contact information and will be optimized with SEO marketing tactics so that anytime someone types in the Google or Bing search engine “RV storage company” or “vehicle storage near me,” Rick’s Boat and RV Storage will be listed at the top of the search results.

The pricing of Rick’s Boat and RV Storage will be moderate and on par with competitors so customers feel they receive excellent value when purchasing their services.

Operations Plan

The following will be the operations plan for Rick’s Boat and RV Storage. Operation Functions:

  • Richard Diamond will be the Owner and President of the company. He will oversee all staff and manage client relations. Richard has spent the past year recruiting the following staff:
  • Sandy Hayes – Operations Manager and oversight of the office and administration duties.
  • Danielle Levy – Staff Manager, who will oversee part-time employees and ensure human resources requirements are met and onboarding is complete.
  • Trent Levy – Service & Repair Manager for boats and recreational vehicles.

Milestones:

Rick’s Boat and RV Storage will have the following milestones completed in the next six months.

  • 5/1/202X – Finalize contract to lease areas for office, repair shop and laundromat
  • 5/15/202X – Finalize staff employment contracts for the Rick’s Boat and RV Storage
  • 6/1/202X – Finalize contracts for Rick’s Boat and RV Storage clients
  • 6/15/202X – Begin networking at industry events
  • 6/22/202X – Begin moving into Rick’s Boat and RV Storage office
  • 7/1/202X – Rick’s Boat and RV Storage opens its office for business

Richard Diamond attended Missoula Central College, where he graduated with a General Business degree. He has spent the previous twenty years in the outdoorsman business, where he served as a trout fishing guide and general manager for a recreation company. His reputation as a trusted advisor in everything related to outdoor experiences has led him to be “premier trout fishing guide” in the Missoula region. Richard is also a recreational vehicle enthusiast, having owned several in the past twenty years and is highly-knowledge in servicing and repairing them.

Financial Plan

Key revenue & costs.

The revenue drivers for Rick’s Boat and RV Storage are the storage fees they will charge to the boat and recreational vehicle owners for their services.

The cost drivers will be the overhead costs required in order to operate Rick’s Boat and RV Storage. The expenses will be the payroll cost, rent, utilities, office supplies, and marketing materials.

Funding Requirements and Use of Funds

Rick’s Boat and RV Storage is seeking $200,000 in debt financing to launch its boat and recreational vehicle business. The funding will be dedicated toward securing the location and office space and purchasing office equipment and supplies. Funding will also be dedicated toward three months of overhead costs to include payroll of the staff, rent, and marketing costs for the print ads and association memberships. The breakout of the funding is below:

Key Assumptions

The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and in order to pay off the startup business loan.

  • Number of Short-term Rentals Per Month: 60
  • Number of Long-term Rentals Per Month: 30
  • Average Fees per Month: $57,000
  • Office Lease per Year: $100,000

Financial Projections

Income statement, balance sheet, cash flow statement, junk removal business plan faqs, what is a boat and rv storage business plan.

A boat and RV storage business plan is a plan to start and/or grow your boat and RV storage business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can easily complete your Boat and RV Storage business plan using our Boat and RV Storage Business Plan Template here .

What are the Main Types of Boat and RV Storage Businesses? 

There are a number of different kinds of boat and RV storage businesses , some examples include: Canopy Style Storage, Manger Style Storage, and Enclosed Individual Storage.

How Do You Get Funding for Your Boat and RV Storage Business Plan?

Boat and RV Storage businesses are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding.

What are the Steps To Start a Boat and RV Storage Business?

Starting a boat and RV storage business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A Boat and RV Storage Business Plan - The first step in starting a business is to create a detailed boat and RV storage business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast. 

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your boat and RV storage business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your boat and RV storage business is in compliance with local laws.

3. Register Your Boat and RV Storage Business - Once you have chosen a legal structure, the next step is to register your boat and RV storage business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws.

4. Identify Financing Options - It’s likely that you’ll need some capital to start your boat and RV storage business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms.

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations.

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events.

7. Acquire Necessary Boat and RV Storage Equipment & Supplies - In order to start your boat and RV storage business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation.

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your boat and RV storage business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

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Boat and RV storage Business Plan Example

Jul.23, 2021

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Boat and RV storage Business Plan Example

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Boat and RV storage business plan for starting your own business

RVs are becoming a norm more than ever. People use them as homes and for camping. The trouble, however, with them is that you cannot park them in your garage or driveway. You need to park them in an RV park. That has given rise to a new business and that is the basis of this RV and boat storage business plan.

So, the aim of this business, basically, is to provide people with a place to store their RVs and vans and charge them for the services. If you want to know how to start a RV storage business, we will cover all the details of that while telling you the method of creating a franchise business plan .

Let’s jump right into it and see how you can start a self-storage business plan for RVs and boats.

Executive Summary

2.1 the business.

Jack RV storage is the example we will be using to explain all the dynamics involved in starting a boat and RV storage business. It will be situated in Tucson, Arizona. This business will be headed by Jack Reacher who is a retired World War II veteran. Keep reading if you want to know how to start a boat storage business.

2.2 Management of Boat and RV Storage Business

When you are creating a business plan for a bank loan , the most important thing is to discuss the management of the business. The success of the venture and the chances for getting approval for the loan depends on this. Jack will hire 3 managers to run the business and will himself act as the CEO of the business, exercising supreme authority in all aspects. This will run the Boat and RV storage building plans smoothly and without any issues.

2.3 Customers of Boat and RV Storage Business

That brings us to the customers we will be serving through our boat and RV storage building plans. These will be divided into four main categories:

  • Tourists who want to store their RVs for a night.
  • Local residents who want to park the RVs for a long time.
  • People living out of RVs who want a place with parking and electric supply.
  • People who use their boats for recreational purposes and don’t have place in their homes to store them.

2.4 Business Target

Talking subjectively, the business of Jack RV Storage is to provide people in Tucson with a place they can park their RV safely. The objective targets of this venture, just like a transportation business plan will include:

  • Becoming the largest RV and boat storage facility in the state.
  • Expanding to other states and making a brand that people can trust.
  • Starting to make a sizable income for the owner, Jack.

Company Summary

3.1 company owner.

Jack Reacher will be the owner of this business and is going to build boat storage because he has a passion for RVs and boats. He has lived out of an RV for five years. He noticed that there is a serious gap in the market when it comes to getting storage and electric supply for RV.

3.2 Why the Boat and RV Storage is being started?

Jack is starting RV storage business to capitalize in this gap in the market. His boat storage design is aimed at solving the most important problem people face and that is lack of secure locations for storing RVs and boats for long-term and short-term storage. He has a strong plan, and it will work out.

3.3 How the Boat and RV Storage Business will be started?

Step1: Planning the Feasibility

The first thing that needs to be done to start this RV storage franchise is to conduct a survey of the market and make a feasibility for the business. Jack did that and has come to the conclusion that the business can, indeed, be feasible. This is because there are thousands of RVs in the area and not even one dependable parking and storage facility for them.

Step2: Making a Name  

As RVs are quite expensive, people need to have a name that they can trust if they want to store them. For that reason, the next step in starting the business will be to establish a name for the business. Jack will get the business registered and insured to make sure people can rely on them.

Step3: Establishing the Business 

Once the business has a name, the next thing to do would be to actually establish the physical presence of the business. This will be done by buying or leasing a large plot of land and building a fence around it. The land will be acquired just out of the city so that it is cheap to buy but still easily reachable for the customers.

Step4: Going Online

As people look for everything on the internet, Jack RV Storage has to have an online presence. For that, a website will be setup where people can come and explore the business. It will provide complete information about what services the business offers and what is the pricing structure.

Step5: Promotion and Marketing

Just like a business plan for a drop shipping business, we will make sure that the business is marketed properly, and that people know of its existence. Jack will use all social and electronic media channels to advertise and market the business.

One of the most important aspects of this RV storage facility business plan is discussing the services that this business will be providing.

As the field is a very vast one, this RV and boat storage business will focus on the following services:

This aspect of the business plan storage units will cover short-term and long-term RV storage without electric supply or any other amenities.

  • Boat Storage

A part of the business will be dedicated to boat storage. All stored boats will be regularly inspected, and any required maintenance work will be carried out.

  • RV Electric Supply

People living out of RVs often need a source of electricity for the appliances and air conditioning in the vehicle to work. Jack RV Storage will provide this service too.

  • RV Workshop

As people with RVs often come from other towns and cities and these things breakdown often, a workshop service will also be included to serve these people and make money while we are at it.

Marketing Analysis of Boat and RV Storage Business

Great service.

Great service. Good turnaround time and quality work. Thanks!

One of the most important things that you need to have for any boat and RV storage building plans is a thorough marketing analysis for the business. Jack carried out the analysis and determined that there are 10,000+ RV and boat owners in the area. This will make the storage unit business model a successful one. The other thing that was revealed in the survey was that there are only two RV and boat storage facilities in the area, and even they are extremely underequipped to handle the customers.

Let’s now explore more details of the boat RV storage business plan.

5.1 Market Trends

A survey of market trends was carried out before opening a storage unit and it was discovered that there has been a sharp rise in the number of RVs in Tucson area over the last five years. While import export business plans might not appear to be very lucrative or rewarding at the moment, this business can return massive profits.

5.2 Marketing Segmentation

The customers of Jack RV Storage will be divided into the following major market segments:

5.2.1 RV Owners

This will be the main market segment for the business. The major aim of this business will be to provide RV owners in the area with a place to store and park their RVs. Permanent customers will be given a monthly subscription while temporary customers will be charged at per-hour or per-say basis.

5.2.2 Boat Owners

The second major customers of the business will be the people who own small or medium sized boats. As boats are used less often and are mainly in storage, this market segment will mainly consist of people looking for long-term storage of their boats.

5.2.3 Motorhome Owners

People who have a digital nomad lifestyle and live out of large RVs called motorhomes will also be the customers of Jack RV storage. These people will generally be temporary customers and will not stay for a long time.

5.2.4 RV and Boat Leasing Companies

Not all people own RVs and boats of their own and that is the reason leasing these things has become a big industry. However, the leasing companies in Tucson, Arizona do not have enough area to park all their RVs. Jack will serve these people too.

5.3 Business Target

  • To provide reliable RV and boat storage for the residents of Tucson, Arizona.
  • To provide electricity and other provisions to people living out of motorhomes in the area.
  • To start making at least $262,200 per year in profits by the end of year two.
  • To expand to at least 5 more locations by the end of year 3.

5.4 Product Pricing

Jack will keep the prices slightly lower than the other RV and boat storage providers in the are in the start. This will be done to convert the customers of the other service providers in the start. Once that has been done effectively and Jack makes a name for himself in the business, the prices will be increased to make more profit. This is the same strategy as the one used in trucking business plan .

Marketing Strategy

Another of the very important things needed to make any boat and RV storage building plans successful is a solid marketing strategy for the business. Jack has done extensive competitive analysis along with the marketing analysis to make sure that the business is a success. Here’s what makes up the marketing strategy of thisboat storage facility.

6.1 Competitive Analysis

  • It has been revealed in the marketing strategy survey that there are only two other boat storage facility providers in the area.
  • The services provided by these people are not at par with what the customers require.
  • The only thing we need to do to make this venture successful is to provide better services to the customers and provide them at a better price.
  • Once we attract enough customers, we can charge any price of our liking from them.

6.2 Sales Strategy

  • Jack will make use of all social, print, and electronic media channels operating in the area to advertise the services provided by the business.
  • The focus, in the start, will be on getting more customers than making profit.

6.3 Sales Monthly

6.4 sales yearly, 6.5  sales forecast, personnel plan.

With all that done, we are left with one thing and that is the discussion of the workforce that will be needed for starting an RV storage business. In this RV storage business plan, we will focus on the workers that are needed to start the business. The staff will increase as the business expands. It will happen in the same fashion as it does in a trucking business plan.

7.1 Company Staff

The following people will be needed to run the business:

  • Jack Reacher, the owner, will be the CEO of the business.
  • 1 receptionist who will also act as office secretary for the CEO.
  • 3 managers will be hired for sales, operations, and marketing.
  • 3 mechanics will be hired to work at the workshop allied with the storage facility.
  • 3 drivers to move the permanently stored/parked RVs around.

7.2  Average Salary of Employees

Financial plan.

The last thing that we need to touch in this boat and RV storage business for sale are the finances involved in starting the business. Just like any logistics business plans , the costs can vary from case to case.

  • The cost of buying or leasing the plot of land to establish the business will be the major chunk of expenditure.
  • The cost of advertisement and promotion.
  • The cost of paying the salaries to staff before the business starts making profit.
  • Electricity, water, and other overheads.

8.1 Important Assumptions

8.2 break-even analysis, 8.3 projected profit and loss, 8.3.1 profit monthly, 8.3.2 profit yearly, 8.3.3 gross margin monthly, 8.3.4 gross margin yearly, 8.4 projected cash flow, 8.5 projected balance sheet, 8.6 business ratios.

Download Boat and RV storage Business Plan Sample in PDF

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How to Start an RV and Boat Storage Business – or Grow an Existing One

RV ownership is at a record high with more than 11 million American households owning an RV in 2021. In addition, there are a total of 17 million recreational boats currently in use in the United States. Of course, not everyone can park their RV or boat in their driveway, which makes RV and boat storage a necessity – and a great opportunity for self storage owners wondering how to start a boat and RV storage business .

Storelocal recently hosted a members-only virtual call with RV Storage Depot’s Scott Ramser , who’s been in the RV and boat storage business since the mid-1980s. He shared his expert opinions on all matters, and while the material covered during these members-only calls is generally not shared with the public, the popularity of this particular conversation inspired us to make it available to everyone.

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The Evolution of RV & Boat Storage

RV and boat storage used to be a pretty simple affair, with most “facilities” usually consisting of nothing more than a barely developed piece of land roped off with a padlocked chain-link fence. Today, RV and boat storage facilities are integrating self storage disciplines into the business to bring in greater profits, offering tenants different storage types and a host of amenities to bring in greater profits, as well as following lien law, providing rental contracts, and engaging in modern marketing methods. 

RV storage

While some RV and boat storage facilities remain standalone, others include self storage units to give RV and boat owners a place to store items they don’t want to take on their RV or boating trip when picking up their vehicle, towable, or watercraft. There are five main types of RV and boat storage facilities:

  • Open storage. These range from the dirt fields and chain-link fences of the past to fully paved or concrete stalls.
  • Outdoor covered storage. Similar to open storage, but with canopies or roof-only structures for added protection against the elements.
  • Bullpen valet storage. Large warehouses with concierge parking.
  • Enclosed storage. High-end, fully enclosed single-story units are most common in affluent markets.  
  • Condo storage. Enclosed storage facilities that offer opportunities for ownership rather than rental.

Of course, any facility may offer a combination of these five types of storage options, and many do, offering outdoor self-parking, indoor valet parking, and a wide mix of amenities.

RV & Boat Storage Feasibility Studies

Research shows that more and more Americans, starved for recreational outlets due to the pandemic, have been snatching up RVs and boats. This has resulted in storage operators reporting increased demand for RV and boat spaces . In addition, because of this demand, storage brokers are saying owners of RV and boat storage facilities are less willing to sell, making it an owner’s market for RV and boat storage. Of course, not all markets will experience the same level of demand. So, how do you determine supply and demand metrics when conducting a feasibility study ? 

boats covered in boat storage

While looking at the number of registered RVs or boats in a market may seem to be a good indicator of potential demand, the best bet is to treat an RV and boat feasibility study much like a self storage feasibility model. Research should look at the competition in the market, delving into their size and existing inventory of parking spaces.

It’s also important to take note of which type of facility they offer and whether there’s an opportunity to provide a different type of service (for example, if the competition consists mainly of open or outdoor covered storage, but there is a highly affluent demographic within the market, building enclosed RV and boat storage units that they’d be willing to pay a premium for might be a good differentiator or vice versa).

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When conducting a feasibility study and projecting lease-up velocity, you’ll want to use any historical lease-up information you can gather and then make adjustments for current market conditions. A good rule of thumb is an absorption schedule of one unit per day. But, remember that even as you’re renting units, you’ll also have move-outs after the first of every month. So, consider net absorption. That is, if you have 600 units, don’t think you’ll be on a 600-day schedule; it could be more like 730 days when factoring in move-outs. 

Site Selection: Building an RV & Boat Storage Facility

Laws that regulate the parking of boats and RVs in driveways, yards, and streets are gaining enforcement in even the smallest towns, making storage facilities even more valuable. So, you’ll want to look for properties near communities that prohibit RV and boat parking. Then, be sure to do your proper due diligence, assessing how much you can afford to pay for a piece of land based on the amount of rent per square foot and anticipated construction costs. 

Feasibility Report

Consider Distance

While a convenient and visible location for RV storage facilities is always going to be best, it’s worth noting that many RV and boat owners are typically willing to travel longer distances versus a traditional self storage facility (a 20-mile radius is acceptable, versus a 3-5 mile radius for self-storage).

In fact, a lot of “weekend warriors” will often consider locations that are near their business or office versus their home; that’s because they like to park their passenger car at the facility after work, hitch up their RV for a weekend trip, and then swap them back out when they return. On the other hand, boaters will seek out locations next to bodies of water that they can trailer their boat to.

beautiful regatta boats by the sea on a sunny day

Planning the Design

Once a site has been selected, the design must be carefully considered (this will, of course, vary based on which of the five types of facilities you plan to build).

A good rule of thumb is to plan for 65 units to the acre (this includes common areas and parking spaces). When laying out the lot, don’t restrict traffic flow; ease of access is critical (also leave enough room at the entrance to allow for “stacking,” when multiple vehicles are waiting to enter. The wider you can make aisles, the better (50’ for enclosed units, 45’ for angled canopy spaces). Speaking of angles, a 60-degree angle is ideal as it helps the driver use their side mirror for backing in safely. 

Site Selection: Buying an RV or Boat Storage Facility

While finding an RV or boat storage facility owner that’s willing to sell may be more difficult these days, it’s typically a lot less risky of an investment than building a facility. That’s mainly because of zoning. Zoning laws dictate how property can or cannot be used, so although you may find an ideal location for your facility, that doesn’t mean the authorities are going to allow you to build on it.

RV & Boat

Rezoning & HOAs

While you can always attempt to rezone the land, this can be a long, expensive process, with no guarantee that you’ll come out on top. In addition, if a facility already exists, you won’t have to deal with neighborhood associations pushing back. Many HOAs have recently begun restricting new structures or demanding that they follow certain designs in order to avoid the development of an “eyesore” in their area. 

RV and boat storage

Upgrades To Consider

Of course, the existing facility may need some work, but this is an opportunity to make improvements that will allow you to charge more for rent. For example, you may want to consider adding these upgrades:

  • Motorized door operators on the units (a rolling lift is preferable to the flimsier vertical lifts)
  • Power hookups (consider Individually metered electricity in the units as an added benefit)
  • Wash bay (a gangway that allows owners to walk the length of the vehicle and clean it really adds value)
  • Dump station (it’s recommended that this, along with the wash station, be located at the front of the facility for customer convenience and for passerbyers to see it and realize its value)
  • Ice machine (to allow tenants to fill up before hitting the road or the water)
  • Retail RV and boating supplies for sale in the management office (at a minimum, consider offering wheel or hitch locks to prevent theft)
  • Security features (access gates, automated entry , lot and keypad cameras, etc). Be sure that camera images are displayed on monitors in the sales office, making this a visible selling point).

RV & Boat Storage Pricing

Boat and RV storage pricing will vary from market to market, as well as the type of facility and the amenities offered. While some RV and boat facilities have set prices, most price by the lineal foot or square foot; it’s up to the individual facility owner.

A few things to keep in mind:

  • Specify in rental agreements how a temporarily vacant spot will be handled. For example, if a tenant is not paying month-to-month, you may state that their same spot is not guaranteed unless they pay for it while they are gone. Conversely, you may state that you reserve the right to rent their spot out while they are gone as long as the new tenant will be gone by the time the original tenant returns.
  • Be careful with rent increases. Unlike a traditional self storage unit, which would require a tenant to come to collect all their belongings and haul them somewhere else (something most people don’t want to do), an RV or boat owner can simply come in, hitch up their trailer, and pull their vehicle or boat away. This is especially important to consider if there are known vacancies in your area at lower-priced facilities.

The Future of RV and Boat Storage

The future of RV and boat storage looks bright! According to the RV Industry Association (RVIA), millennials are now more interested in buying an RV than any other age demographic, and their interest in RVing is positively impacting sales numbers.

RV driving to storage facility on the highway

This means, of course, that they’ll need somewhere to store their vehicle (or watercraft) especially with communities cracking down on boat and RV parking in driveways, yards, or streets. That’s not all; many people are also looking for places to store ATVs and jet skis. A spot carved out for an RV can easily accommodate multiple trailers carrying these recreational vehicles and watercrafts, potentially doubling the spot’s value for owners. 

Like what you read here today? We covered much more on the Storelocal members-only call, including RV and boat facility insurance, delinquency auctions and liens, and a deeper dive into pricing. To be a part of the conversation in the future, join Storelocal today!

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Building a Boat Storage Facility: How to Start Your Boat Storage Business

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Thinking about building a boat storage business? Now’s the time to invest, with boat storage shortages sweeping the nation in 2023.

Before making the leap and investing any of your hard-earned capital, there are a few things to figure out.  Skip any of these steps and you’re likely to make a wrong move , negatively affecting the success of your business in a big way.

In the guide below, we’ll cover everything you need to know to get your boat storage business off of dry land– and do it right.

How to Build a Boat Storage Business: Step-By-Step

If you’re looking to invest in the storage industry, boat storage is one of the more unique angles to take.

To ensure your boat storage business is profitable, you’ll need to define your target market and scope out lucrative locations for your boat storage business, (Note: boat storage requires considerably more space than other storage businesses) . Finally, you’ll need to choose the right business structure for your boat storage setup.

Because most avid boating enthusiasts will need a place to store their boats while they’re not in use, there will be no shortage of potential customers.

Here’s what you need to know to get started: 

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Sit back and collect automatic payments each month.

1. Figure Out Your Market

Before officially starting your boat storage business, you’ll need to do market research.

Why is this so important? If you pick a bad market your business has little to no chance of success .

In the right market , you’ll be swimming in a steady stream of customers that sustains your business, provided you market properly.

In a bad market , you’ll be struggling just to find customers. And with no income streaming in, managing your boat storage facility will be nearly impossible. Without monthly rental payments to pay staff paychecks, you’ll need to dip into your own savings accounts just to keep your boat storage business afloat.

When researching your target market, here’s what to think about:

Your new boat storage facility must be located between or near a densely populated area (usually a major metropolitan area) or a recreational lake or seaside dock where boating is common. 

There’s wiggle room for how close your facility will need to be to these hubs. However, be aware that proximity to a body of water could be a deciding factor in a prospective renter’s mind. If your boat storage business is stationed 4 miles away from a popular lake or reservoir, you may lose out to the facility located 2 miles away from that same body of water.

Existing Boat Storage Businesses

Don’t make the mistake of thinking that if there are other boat storage buildings then it’s a bad market.

In fact, it’s generally the opposite. You want to see existing activity in the area. This allows you to prove there is real demand in the area.

Is There Potential for Success?

To answer this question, you’ll need to study how similar storage businesses in the area are performing.

How well are they serving their customers? Is there a need the local boat storage business isn’t meeting? Is there something they’re doing particularly well?

Figuring this out is a great way to enter a market and immediately carve out a healthy niche. 

Lastly, consider demand.

Studying existing boat storage businesses gives you a good gauge for whether yours could be successful.

To incite confidence in your business idea, you’ll want to gather data that confirms the need for a new boat storage facility in that area. 

Here are some more things to consider when researching your market and investing in a boat storage business:

2. Build Your Boat Storage Facility

There are a lot of different types of boats and they all need to be stored somewhere . While prospective renters in the area may be able to store their small boats (like their kayak or canoe) in their garage, medium to large-sized boats will likely require off-site storage in a storage facility.

The size of boats you’ll store is but one factor to consider. There are several other decisions you’ll need to make before building boat storage facilities of any kind (or purchasing a pre-existing property to develop). 

Consider each of these when thinking about how to layout your storage facility:

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What types of boat storage facilities will you offer.

Not every boat storage facility is created equal.

There are several different types of boat storage:

  • Open : These are open yards typically fenced in. and are the cheapest facility type to set up and maintain.
  • Canopy : Boats are stored in a boat storage shed or under a canopy, offering partial protection from the sun and the elements. 
  • Enclosed : Think of a modern facility inside of a warehouse with designated storage spaces or units. This storage type is most common in high-end markets such as Southern California. 
  • Valet : High-end dedicated storage for customers willing to spend a little more. Because this option is the highest-end version of boat storage, they’re rarer to find.

As a boat storage business owner, you can offer two or more of these facility types at one location. Today, more and more traditional self storage facility owners are offering mixed storage options to maximize revenue.

To further maximize revenue (and expand your target market), consider allowing customers to use your storage units for a combination of purposes outside of boating/boat storage.

How Many Boat Storage Units Will You Have?

Next, consider:

  • How much space do I need per storage unit/boat? (by the square foot)
  • How many units do I want? (This should taken into account when setting revenue goals and before purchasing your property)

It’s advised that spaces for a boat storage facility should be a minimum of 12 feet in width and 35 feet in length to accommodate the average-sized recreational boat. From there, you can calculate how many storage spaces you’ll be able to fit on your property.

At those average measurements, you should be able to fit around 60 units per acre of property. 

Ideally, the average facility will be between 3-5 acres to serve a populated boating market.

However, there is no hard-and-fast rule here, so it can be smaller or even much bigger. 

With that number in mind, you’ll also be able to start getting a rough idea of the potential revenue for your facility (barring other factors such as occupancy rate).

3.Establish Proper Security Measures

This point might seem less important compared to the rest.

However, when you’re dealing with such large and costly items– many of which their owners are quite attached to– you need to take security seriously. 

When customers decide to use your facility, they’re placing a certain amount of trust in your ability to protect their boat not only from the elements but also from prying eyes. 

If you plan to run an open-air boat storage lot, you’ll want to install a fence around the perimeter of the property. Whether you opt for the enclosed or open facility, an alarm and security system is recommended—which should consist of security cameras, automatic alarms, coded entry, and even 24-hour human surveillance in some cases.

Also consider camera placement, as ideally there should be a camera pointed at every boat at all times.

4. Calculate Costs and Project Revenue

Finally, let’s get into the numbers.

If you’ve done what we talked about in #1, 2, and 3, you’re already off to a great start here.

You should have a clear picture:

  • Your potential revenue
  • And costs such as facility, security, and personnel

Now, it’s time to put this together into a business plan that more accurately projects both revenue and costs.

You’ll want to list down each and every cost to accurately estimate your initial and ongoing investment. In addition to that, you’ll need to project revenue based on:

  • How many units/boats your facility can house
  • Average revenue per unit
  • Average length of rental / churn
  • And overall occupancy rate (i.e. how many of your units are rented at any given time)

If you need to obtain funding for construction costs, you’ll also want to factor in the initial down payment for a construction loan of some kind which is usually around 20-25%. 

Also, factor in any special offers you may provide to new customers upon your grand opening in order to generate buzz and bring in your first batch of customers. 

Lastly, consider revenue methods.

Don’t assume you’ll be able to keep all of your units occupied year-round. After all, you may have customers that take their boat out of storage for the entire summer season, leaving you with empty units that aren’t producing revenue for a period of several months

In this case, consider other methods for making use of the storage space.

Ready for Your Boat Storage Business to Set Sail?

Storage businesses have become increasingly popular due to their steady revenue streams and high margins.

Boat storage offers similarly consistent revenue in an entirely different niche, making it a worthwhile consideration for those looking to get into storage real estate in general.

Plus, with a peer-to-peer marketplace like Neighbor, it’s easier than ever to find new customers in your local area and keep your storage units full to capacity.

Even if you have a fresh new storage business, you can lean on Neighbor’s great reputation to build your local customer base.

If aren’t quite ready to own a full-scale storage facility, you become a host with Neighbor and rent out your garage, driveway, or unpaved lot to boat owners in need of storage.

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How to Start a Boat Storage Business

Boat Storage Facility

Boating continues to rise in popularity as a recreational hobby and lifestyle. For entrepreneurs, the growing need for boat storage presents an appealing business opportunity. This comprehensive guide covers how to successfully start and operate a boat storage facility in popular boating markets.

Table of Contents

Overview of the Boat Storage Industry

With over 12 million recreational boats registered in the United States according to the National Marine Manufacturers Association, adequate boat storage capacity allows homeowners and boaters to protect valuable investments. Climate controlled or basic covered boat storage facilities fill this need.

The boat storage industry has seen steady 5-7% annualized growth over the past decade, generating more than $4 billion in revenue according to IBISWorld research. Much of this industry growth is attributable to the continued high levels of recreational boat manufacturing and sales across power boats, sailboats, yachts and personal watercraft.

For entrepreneurs interested in marine-related businesses, boat storage facilities offer attractive profit potential with the ability to scale gradually while addressing a clear demand.

Benefits of the Boat Storage Business Model

Some of the compelling benefits of the boat storage business include:

  • Essential service protecting and extending life of luxury assets
  • Low maintenance of facilities relative to labor-intensive businesses
  • Long term customers generating predictable recurring revenue
  • Customers less price sensitive given need for secure options
  • Lower overhead than many small businesses with limited staffing
  • Ability to start small and expand incrementally over time
  • Recession resilient as boat owners still need storage in downturns
  • Scalability by adding new buildings over years or acquiring competitors

The semi-passive nature yet stability of this niche makes boat storage an appealing venture for many entrepreneurs.

Determining the Best Storage Options

Boat storage facilities provide covered or enclosed spaces to protect watercraft. Some popular storage choices to consider offering:

Indoor Storage

Fully climate controlled spaces prevent damage from weather and sun year-round for ultimate protection.

Outdoor Storage

Covered canopies or sheds provide basic protection from the elements at lower cost while offering security.

Rack Storage

Vertical boat racks maximize capacity but require operators to lift boats up into spaces with specialized equipment.

Trailer Storage

Storing customers’ boat trailers onsite provides convenience while freeing space at home.

Boats are stacked 2-3 high using hydraulic machinery, maximizing density in smaller footprints.

Evaluate market demand and available land when selecting storage offerings that optimize revenue potential.

Site Selection Criteria

Ideal sites for boat storage facilities offer:

  • Waterfront access with sufficient traffic ingress/egress for hauling boats
  • Proximity to marinas, launches, dealerships and areas with high boat ownership
  • Appropriately zoned light industrial acreage for boat storage use with minimal red tape
  • Area natural features like hills that allow screening outdoor structures attractively using landscaping
  • Location not prone to flooding that could damage stored boats during storms
  • Area demographics with higher household incomes having disposable funds for boating
  • Minimal existing direct competitors offering boat storage nearby
  • Visibility from water and roads to attract drive-by customers

Choose sites meeting practical requirements while offering customer convenience and growth upside.

Design and Construction Considerations

Factors influencing boat storage facility design include:

  • Architectural appearance complementary to community with attractive rooflines and exterior finishes
  • Steel tubular frames or concrete masonry construction for covered sheds able to withstand weather
  • Sufficient eave height and wide drive-throughs to accommodate boats on tall trailers
  • Gravel or paved interior roads resistant to driveway trailer weight and turning
  • Lighting design keeping spaces well-lit at night for security and visibility
  • Climate controlled indoor spaces insulated and fitted with HVAC systems able to handle moisture
  • Individual access control on indoor units like programmable keypad locks
  • Perimeter security fencing plus interior video surveillance cameras to deter crime
  • Stormwater management infrastructure like drains and retention ponds

The optimal layout balances capacity, ease of use, protection and security for both customers and the boats in storage.

Required Licenses and Permits

Before construction, ensure proper permitting:

  • Obtain small business licenses required in your jurisdiction to operate commercially
  • Assess zoning restrictions and secure conditional use permits if required for outdoor boat storage
  • File environmental impact statements assessing watershed effects if mandated
  • Comply with any architectural and site plan reviews by community committees
  • Pass inspections for electric, plumbing, accessibility, fire to get certificate of occupancy
  • Acquire builder’s risk insurance during construction
  • Check for watershed district, wetland and flood plain usage regulations
  • Install proper storm drainage and oil/gas separators as needed

While tedious, proper research, licensing and permitting prevents delays and ensures smooth ongoing operations.

Equipment and Inventory Needed

Boat storage facilities require certain specialized equipment:

  • Access control systems like programmable locks or access cards
  • Surveillance cameras monitoring activity and capacity
  • Rack storage systems allowing vertical boat stacking
  • Forklifts or cranes to place boats in upper racks
  • High pressure power washers for boat exteriors
  • Dump stations for wastewater disposal from onboard heads
  • Fire suppression systems like sprinklers and extinguishers
  • Fueling stations offering gasoline/diesel – require environmental permits
  • Moving equipment like dollies to assist tenants

While not overly inventory-intensive, select equipment improves convenience, fills needs and enables efficient operations.

Staffing Requirements

Typical staffing needs include:

  • Manager to oversee day-to-day operations, staff, and customer service
  • Attendants for facility maintenance, assisting customers, operating machinery
  • Seasonal contractors to handle pressure washing and winterization
  • Security personnel providing overnight monitoring
  • Bookkeeper or accounting professional to handle billing and finances
  • Independent contractors for repairs, snow removal and landscaping

Boat storage does not require large staffing headcounts. But specialized skills like operating rack loading machinery are mandatory.

Creating a Website

A website centrally showcases services, pricing and policies:

  • Describe all storage options and sizes available
  • Provide photographic tour of facility layout, security and amenities
  • List pricing for various unit sizes, competitive discounts like for multiple boats
  • Highlight unique advantages like 24/7 access and video surveillance
  • Enable online rental reservations with unit selection and payments
  • Answer FAQs on best practices preparing boats for storage
  • Share customer testimonials and Google/Facebook reviews
  • Link to social media pages like Instagram and Facebook
  • Provide easy contact options like email/phone for inquiries

Robust website information builds credibility and makes the customer experience smooth.

Insurance Considerations

Proper insurance coverage is essential:

  • General liability to protect against property damage, injuries, lawsuits
  • Commercial property insurance covering structures in case of disasters
  • Product liability protecting against damage to stored boats
  • Workers compensation for employees and marine contractors
  • Commercial auto for owned trucks and equipment
  • Flood insurance in high risk zones
  • Business interruption in case disaster closes facility

Consult experienced insurance advisors to customize adequate policies as client assets stored on your property can be quite valuable.

Setting Optimal Rates

When pricing storage, balance covering costs against market rates:

  • Research rates at competing local storage facilities for reference
  • Price higher for indoor climate controlled spaces vs outdoor units
  • Charge premium rates for indoor rack spaces requiring lift operation
  • Offer monthly rate discounts for longer term leases like over winter
  • Provide better rates for multiple boats stored to incentivize more business
  • Increase rates modestly annually to keep pace with insurance/maintenance cost inflation
  • Run seasonal specials during slower periods or to attract new customers
  • Ensure rates allow healthy profit margin after expenses

Continuously survey competitors and refine rates to maximize revenue. Discounts should still allow profitability.

Marketing Your Facility

Promoting your boat storage requires creativity:

  • Run Google/Facebook ads targeted locally, optimized for relevant boating keywords
  • Claim listings on marina aggregators like Marinas.com showcasing your facility
  • Build relationships with nearby marinas, dealerships and brokers to be recommended
  • Distribute flyers at nearby launches, yacht clubs and community events
  • Participate in boat shows to capture leads as boating families shop
  • Offer referral rewards to happy customers who recommend new tenants
  • Host an open house before each season for potential customers to tour the facility
  • Cross-sell services like shrink wrapping that add convenience during storage
  • Spotlight happy customers and their boats via social media with permission

Multichannel sustained marketing delivers continual awareness among boat owners seeking storage.

Long-Term Business Expansion

Once established, expanding your storage business could include:

  • Constructing additional buildings or extending current structures when near capacity
  • Acquiring neighboring land for more outdoor storage space if available
  • Adding specialized capabilities like climate controlled indoor rack spaces
  • Providing value-added services like winterization, cleaning , small repairs
  • Selling marine accessories onsite as added convenience for storage customers
  • Starting a hauling subsidiary to transport boats for customers needing that service
  • Expanding your facility footprint through acquiring competitors
  • Building out a marina adjacent to storage to create an integrated boating property
  • Offering unique spaces like indoor showrooms for customers active in boat shows

Scale strategically over time while retaining organizational excellence as the operation grows.

Leveraging Technology

Modern management systems allow efficient operations:

  • Access control integration unlocks units only for clients current on payments
  • Let customers conveniently pay online through tenant portals
  • Send automatic billing reminders via text and email
  • Maintain real-time site maps showing vacant spaces as units turn over
  • Track when leases expire and notify customers to renew
  • Provide mobile apps allowing customers to monitor their boats on live cameras
  • Enable contactless entry using smartphones instead of key fobs

Automating administrative tasks allows staff to focus on customer service.

Financial Considerations

Key financial factors for boat storage businesses:

  • Decent cash reserves required for site acquisition and construction
  • Expect delayed revenue ramp up as occupancy increases steadily over first 12-24 months
  • Maintain floats to address periodic maintenance projects and improvements
  • Keep loan or lease terms on equipment/vehicles reasonable to protect cash flow
  • Build annual price increases into financial projections to account for inflation
  • Leverage equity in existing property to avoid high interest commercial loans
  • Produce annual budgets forecasting expenses and projecting revenue
  • Watch peak season income vs low season flows – adjust spending accordingly

Conservative planning and cash flow management keeps finances healthy.

How much does it cost to build a boat storage facility?

Costs vary based on size and features but plan on $50k – $200k+ for insured construction of basic covered sheds, not including land acquisition. Indoor climate controlled spaces run higher.

What is the ideal number of units in a boat storage facility?

Aiming for 30-100 spaces allows enough capital efficiency while meeting initial demand. Build additional capacity in phases as occupancy ramps up.

What are the most popular boat storage unit sizes?

For power boats, 10×30 feet is commonly used. Larger units like 12×50 feet accommodate yachts and sailboats. But offer a range of unit dimensions.

How long does it take to fill a new boat storage facility?

Marketing aggressively, expect to reach 75-90% occupancy in 12-24 months. Build financial models conservatively allowing for reduced early revenues.

What are the advantages of climate controlled spaces?

Climate control protects interiors and electronics from moisture, avoids mold, prevents freezing pipes, and allows year-round access for maintenance.

Do I need staff on-site full time?

After launching, you can scale back on-premise staffing to certain hours once processes are established. Video monitoring and tenant access controls reduce on-site needs.

Final Takeaways

Given continued recreational boating popularity, boat storage facilities provide rewarding business opportunities in markets with high boat ownership. With strategic planning around location, design and pricing, storage facilities can deliver attractive risk-adjusted returns. Lean operations and loyal long-term tenants make boat storage an appealing low-maintenance business model. For entrepreneurs able to fund construction and adept at marketing, boat storage checks many boxes as a sound potential small business.

Disclaimer: This article is intended for informational purposes only and does not constitute professional financial or legal advice. Perform thorough due diligence before starting any business.

Sarah Teague

Sarah Teague brings 5 years of professional writing experience to her role as content writer for Walletminded. In this position, Sarah creates compelling articles, blog posts, and other digital content that engage readers and promote the Walletminded brand. Before joining Walletminded, Sarah honed her writing skills as a freelance writer and ghostwriter. Her work included crafting blog posts and web content for financial services, technology, and healthcare clients. Sarah holds a bachelor's degree in English from Emory University, where she also served as editor of the campus literary journal. She continues to volunteer her time as a writing mentor for youth in her community. When she's not meticulously crafting content, you can find Sarah attempting new baking recipes and enjoying hikes with her dog. She also loves curling up with a good memoir.

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Boat and RV Storage Business Plan

Regardless of what content is being stored, the purpose of self-storage is the same–to keep one’s belongings in a safe and easily accessible location. However, a personal self-storage unit is a little different than storing a boat or RV. Customers who are interested in storing a boat or RV will be looking for a storage facility that specializes in this somewhat niche form of storage, which can be financially beneficial for you.

Self-storage facilities specific to boats and RVs can be a safe, sustainable, and a high-margin investment. Whether you’re looking to invest in a new facility or expand your current one, it may be worthwhile to invest in a boat and RV storage business plan!

When considering what to include in your facility’s boat and RV storage business plan, it’s important to start with the essentials. We’ve listed a few foundational components to consider when starting your strategic plan.

Boat and RV Storage Financials

Financials are perhaps the most significant and potentially the most rewarding aspect of your business plan. With higher occupancy, you’ll be able to increase your rates in a way that’s commensurate with the demand. Many facilities slowly raise rents in regular increments, such as a 4% increase after an initial six months of renting with yearly increases.

Additionally, storing high-value items such as boats or RV’s can require additional security and costs. Therefore, you’ll need to charge a premium for this service to see a significant return on your investment. Customers will also want the convenience of being able to access their storage unit, which is possible when working with a remote management team. When your storage facility is geared towards self-service, your customers will have both ease of access and peace of mind.

When thinking about how to charge customers, there are several considerations at hand. Here are a few of those considerations:

  • Charging for Covered and Enclosed Spots: Covered spots will naturally have higher building and maintenance costs. This is definitely something you should consider charging extra for.
  • Unlimited Access to Amenities: Customers who want to invest in enclosed parking spaces might receive access to conveniences and amenities that others will not. For example, access to washing bays, power, or the waste dump might be something you consider charging a premium for.

General Operations

Operations for boat and RV storage will be a little different than standard storage operations. You’ll need to consider the demand for enclosed and open spaces and what is needed for access to those spaces.

Investing in remote management services will also greatly benefit both you and your customers. You will save expenses on on-site staff, marketing, and maintenance fees by working with a remote management company. Additionally, your customers will be able to access their accounts online and will easily be able to enter and exit the facility when it’s convenient for them. In the long term, you’ll save money when utilizing a remote management company.

Marketing Efforts

Marketing can have a significant impact on your success with boat and RV storage. The type of marketing you do will depend on whether you’re a facility that supports both traditional self-storage as well as boat and RV storage or if your facility was designed specifically for solely boat and RV storage. This impacts your target audience and who might be utilizing your facility.

Here are a few ways you might consider marketing your storage facility:

  • Digital Marketing: Invest in email marketing, paid advertising, or social media. You can target customers based on keywords, geography, etc.
  • Traditional Marketing: Advertise in local newspapers or with flyers and other forms of literature.
  • SEO: Spend time investing in search engine optimization to boost your website with strategic keywords.

Starting Your Boat and RV Storage Business Plan

When considering your boat and RV storage business plan, consider your current goals for expanding and investing. Next, begin strategizing a plan that aligns with these goals or objectives.

While it might feel overwhelming to create this plan and implement all the necessary details on your own, Copper Storage Management can support you in the process! A remote management company will take difficult and consuming tasks off of your plate so you can focus on what really matters; maximize your profit with peace of mind. Regardless of what path you choose, use the four categories above as a start to support your process of becoming a desirable boat and RV storage facility.

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Business Funding and Market Research

RV and Boat Storage Business Plan

Written by Elma Steven | Updated on April, 2024

RV & Boat Storage Business Plan

How to Write a RV and Boat Storage Business Plan?

RV and Boat Storage Business Plan is an outline of your overall RV and Boat Storage business. The business plan includes a 5 year projection, marketing plan, industry analysis, organizational overview, operational overview and finally the executive summary. Remember to write your executive summary at the end as it is considered as a snapshot of the overall business plan. The creation of a RV and Boat Storage business plan requires careful consideration of various factors that might impact the business’s success. Ultimately, a RV and Boat Storage business plan serves as a roadmap to guide the company’s direction.

You can spend 3 to 4 weeks trying to write your own Business Plan by browsing through free online resources or hire a professional writer for $2,000. There is a better way to do this-  Download Our RV and Boat Storage Business Plan to write a plan in just 2 days .

This depends on your expected revenue and cost. Also, we need to consider the startup cost. Find out the answer- Is RV and Boat Storage business Profitable?

Table of Contents

Executive summary.

RV Storage Solutions, is a visionary venture poised to revolutionize the recreational vehicle storage industry. As the popularity of RV ownership continues to surge, the lack of convenient and secure storage options has become a pressing problem for enthusiasts nationwide. Our business is founded on the mission to provide comprehensive and cutting-edge storage facilities tailored specifically to meet the unique needs of RV owners. With a commitment to innovation, security, and exceptional customer service, RV Storage Solutions aims to establish itself as the premier RV storage provider in the industry.

Mission: “Our mission is to provide RV enthusiasts with secure, accessible, and top-tier storage facilities, ensuring the safety and longevity of their cherished recreational vehicles. We aim to simplify the storage process and offer peace of mind to RV owners, allowing them to focus on the adventures that lie ahead.”

Vision: “Our vision is to become the premier RV storage provider in Outdoorsland and a recognized leader in the industry nationwide. We strive to set the standard for excellence in RV storage, continually innovating to meet the evolving needs of our customers while maintaining a commitment to environmental sustainability.” 

Industry Overview: The recreational vehicle industry is currently experiencing exponential growth, with sales of RVs reaching record highs in recent years. This surge can be attributed to a shift in consumer preferences toward experiential travel and outdoor adventures. The industry’s annual revenue has also seen substantial growth, with a diverse customer base ranging from retirees seeking adventure to younger families looking for affordable travel options. As the RV industry continues to expand, so does the demand for reliable and secure storage options. 

Financial Overview:  

profitability analysis of cigar lounge business plan

Business Description

Business Name: RV Storage Solutions

Founders: Jacob Harrison

Management Team:

Screenshot 2023 11 11 225856

Legal Structure: RV Storage Solutions LLC

Location: Outdoorsland, USA.

Goals: 

  • Customer Satisfaction: Our primary goal is to consistently surpass customer expectations by delivering exceptional service, ensuring security, and providing convenience.
  • Expansion: Within the next five years, we aim to establish additional storage facilities in strategic regions across Outdoorsland as part of our rv and boat storage business plan.
  • Technology Integration: We are committed to continuously investing in advanced security systems and user-friendly online platforms to enhance the overall customer experience.
  • Environmental Responsibility: By 2025, we will implement environmentally friendly practices, including the utilization of solar energy and water conservation measures, across all our facilities.
  • Community Engagement: We actively engage with the local communities in Adventureville through partnerships and sponsorships, fostering a positive image and contributing to the city’s growth.

Rv and Boat Storage 4

Download Free RV and Boat Storage Business Plan Template

Write a plan in just 2 days!

Products: 

Secure RV Storage: Offers secure storage facilities for recreational vehicles, ensuring the safety and protection of these valuable assets. 

Convenience and Accessibility: The company places a strong emphasis on providing customers with convenient and easily accessible storage solutions. This includes 24/7 access to storage facilities, well-lit premises, and efficient ingress and egress.

Climate-Controlled Storage Options: Recognizing the importance of preserving the condition of RVs, RV Storage Solutions provides climate-controlled storage units. These units help regulate temperature and humidity, preventing damage to the vehicle and its contents.

Advanced Security Features: Security is a top priority. The company employs state-of-the-art security systems, including 24/7 surveillance, access control systems, and security personnel, to ensure the protection of RVs stored at their facilities.

Online Reservation and Account Management: RV owners can easily make reservations and manage their accounts through the company’s user-friendly online platform. This convenience streamlines the storage process and enhances the customer experience.

Eco-Friendly Maintenance Services: In line with growing environmental responsibility, RV Storage Solutions offers maintenance and cleaning services that incorporate eco-friendly practices. These services help preserve the environment while maintaining the quality of customers’ RVs.

Financial Overview

image

Key Metrics:

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Business Model

Screenshot 2023 11 10 204103

Organizational Overview

cigar lounge founder

Jacob Harrison

Founder/ CEO

Jacob Harrison brings a wealth of experience and a deep passion for outdoor adventure to the world of recreational vehicle storage. A native of Adventureville, Outdoorsland, Jacob’s journey began with a lifelong love for exploring the great outdoors, which eventually led him to discover the unmet needs of RV owners in his community.

Jacob’s background is steeped in entrepreneurship and innovation. Prior to establishing RV Storage Solutions, he successfully launched and managed a series of tech startups in the outdoor recreation and eco-friendly sectors. His entrepreneurial spirit, combined with his commitment to environmental sustainability, has been a driving force in shaping RV Storage Solutions’ unique approach to RV storage.

With a degree in Business Management from Adventureville University and a keen eye for identifying market gaps, Jacob has assembled a dedicated team of professionals who share his vision of transforming the RV storage industry. His leadership style is characterized by a hands-on approach, a focus on customer-centric solutions, and a commitment to delivering excellence in every aspect of the business.

Beyond his professional endeavors, Jacob is an avid outdoor enthusiast himself, often embarking on RV adventures with his family and friends. His personal experiences on the road have given him invaluable insights into the needs and aspirations of RV owners, further fueling his drive to create a safe, convenient, and eco-conscious storage solution for fellow enthusiasts.

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Staff Positions

Spending on Management & Operations:

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Spending on Marketing & Sales: 

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Spending on Finance & Accounting:

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Industry Analysis

Industry overview.

The RV storage industry is a niche sector within the broader recreational vehicle (RV) and outdoor recreation market. It caters to the storage needs of RV owners who require safe, secure, and convenient spaces to store their vehicles when not in use. This industry has seen significant growth and evolution in recent years, driven by several key factors.

Problems & Opportunities

Market Expansion: As the RV ownership market continues to grow, there are opportunities for new RV storage businesses to enter underserved regions and capture market share.

Technology Integration: Offering user-friendly online platforms and advanced security systems can attract tech-savvy customers and improve operational efficiency.

Environmental Initiatives: Incorporating sustainable practices can appeal to environmentally conscious RV owners and contribute to positive brand image.

Initial Investment: Establishing RV storage facilities with advanced security features can require a substantial upfront investment.

Regulatory Compliance: Adhering to local zoning regulations and obtaining necessary permits can be challenging in some areas.

Competition: The industry’s increasing competitiveness means that new entrants may face established players with brand recognition and customer loyalty.

Target Market Segmentation

Geographic Segmentation:  

employs geographic segmentation by targeting various locations, including the Adventureville Metro Area, the broader Outdoorsland Region, neighboring CrossCountry State, coastal retreats like Seaview Bay and Beachcomber Cove, mountain getaways in Alpine Peaks and Summit Valley, and the warm climate-seeking market in the hypothetical Sunshine State. This approach allows the company to customize its marketing and services to meet the specific needs of RV owners in each of these distinct geographical segments, maximizing its reach and effectiveness in catering to the diverse customer base.

Demographic Segmentation: 

Age Group: By offering flexible storage options and appealing services, the company caters to the needs of both older retirees and younger, adventurous families.

Income Level: Premium climate-controlled options appeal to higher-income individuals, while outdoor parking spaces and cost-effective plans are accessible to those with more budget constraints.

Family Size: RV owners come from diverse family sizes, from couples to large families. Offering differently sized storage spaces, ensuring that families can find the appropriate storage solution for their RVs, regardless of size.

Lifestyle and Interests: Recognizing that RV owners have diverse interests and lifestyles, the company offers amenities and services that cater to different preferences. 

Geographical Location: Geographical factors also play a role in demographic segmentation. RV owners from various regions have different needs and preferences. 

Psychographic Segmentation: 

Adventure Seekers vs. Relaxation Enthusiasts: Recognizes that RV owners have diverse psychographic profiles. Some are adventure seekers, craving the thrill of exploration and outdoor activities, while others are relaxation enthusiasts who value peaceful and serene getaways. 

Environmental Consciousness: Many RV owners are environmentally conscious, aligning their values with sustainable and eco-friendly practices. The company appeals to this segment by implementing green initiatives, such as solar energy utilization and water conservation measures, and by actively participating in local environmental efforts.

Community-Oriented RVers: Some RV owners place a strong emphasis on building connections and community while on the road. The company fosters a sense of belonging by engaging with local communities through partnerships and sponsorships, creating a welcoming environment for this psychographic segment.

Luxury and Comfort-Seekers: For those who prioritize luxury and comfort during their RV travels, the company offers premium services like climate-controlled storage and valet options, catering to their desire for convenience and upscale experiences.

Budget-Conscious RVers: Recognizing that some RV enthusiasts are more budget-conscious, the company provides cost-effective storage solutions without compromising security and convenience, ensuring affordability for this psychographic segment.

Behavioral Segmentation: 

Frequency of Use: Identifies different customer behaviors based on the frequency of RV use. For those who use their RVs regularly for weekend getaways, the company offers easily accessible outdoor parking spaces. In contrast, for seasonal or occasional RV users, indoor climate-controlled storage options are available to maintain the vehicle’s condition during periods of inactivity.

Seasonal Usage: Behavioral segmentation also considers seasonal usage patterns. Snowbirds who use their RVs seasonally during winter months, for example, benefit from storage solutions that ensure their vehicles are protected and ready for travel when needed.

Reservation and Account Activity: Monitoring customer behaviors related to reservations and account activity enables RV Storage Solutions to offer a seamless and user-friendly experience. Customers who frequently book storage or require account updates receive personalized support and incentives, enhancing their overall satisfaction.

Maintenance Preferences: Some RV owners prefer DIY maintenance, while others seek professional services. The company tailors its offerings to these behavioral differences by providing RV maintenance and cleaning services that cater to both DIY enthusiasts and those who prefer professional assistance.

Feedback and Reviews: Actively gathers feedback and reviews from customers to identify trends in behavioral preferences. This information helps the company make continuous improvements, addressing concerns and meeting the evolving needs of its customer base.

Market Size

boat storage business plan

Total Addressable Market (TAM): In this case, it amounts to $1 million, indicating the total potential revenue that could be generated if RV Storage Solutions captures every RV owner’s business within its geographical and demographic reach.

Serviceable Addressable Market (SAM):  With a SAM of $300,000, it reflects the portion of the market within the company’s reach, considering factors such as location, marketing, and operational capabilities.

Serviceable Obtainable Market (SOM): With an SOM of $600,000, the company has set a target to acquire 50% of the available market within its reach, based on its strategies and competitive advantages.

Competitive Landscape

SecureRVGuardians: A well-known chain of RV storage facilities with a strong reputation for security and convenience. They offer advanced surveillance systems and easy online reservation options. Their brand is recognized for its commitment to protecting RV investments.

GreenSpace RV Storage: Distinguishes itself through its eco-friendly practices and sustainability initiatives. They are known for their use of renewable energy sources and water conservation measures, attracting environmentally conscious RV owners seeking responsible storage solutions.

RV Heaven Retreats: A premium RV storage provider with a focus on luxury and comfort. They offer valet services, climate-controlled storage, and premium amenities, appealing to RV enthusiasts looking for a touch of luxury during their travels.

Affordable RV Haven: Caters to budget-conscious RV owners by providing cost-effective storage options without compromising on security or accessibility. They are recognized for their affordability and value-driven services.

MountainView RV Resorts: Combines RV storage with scenic locations in mountainous regions. They offer storage services near popular hiking and outdoor destinations, attracting adventure-seeking RV enthusiasts.

Porter’s 5 Forces

Threat of new entrants: Typically requires a substantial initial investment in secure facilities and advanced security systems. Additionally, obtaining necessary permits and adhering to zoning regulations can be challenging. These barriers to entry reduce the threat of new competitors.

Bargaining power of buyers:  RV owners have moderate bargaining power due to the availability of different storage options. They can choose among various providers based on factors like price, location, and services offered.

Bargaining power of suppliers: Suppliers of security systems and facility maintenance services may have some bargaining power, but the RV storage industry has multiple suppliers to choose from. The industry’s ability to negotiate favorable terms with suppliers depends on its size and purchasing power.

Threat of substitutes:  There are limited substitutes for RV storage, especially for those who require secure and accessible facilities. Alternatives like storing RVs at home (if permitted) or in non-specialized storage areas may lack security and convenience, making RV storage facilities a preferred choice for most owners. 

Rivalry among existing competitors: The competitive rivalry in the RV storage industry is moderate to high. Established players, as well as new entrants, compete for market share. Differentiation through services, amenities, and location is crucial for companies to gain a competitive edge. 

Marketing Plan

Marketing budget.

Total budget for projected years:

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Budget allocation across channels: 

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Marketing Channels

We plan to use the following promotional tactics:

Website and Online Platform: It provides a user-friendly interface for RV owners to learn about services, view pricing, make reservations, and manage their accounts. Additionally, the online platform offers blog content, tips, and updates to engage and educate the RV community.

Social Media Marketing: Maintains an active presence on popular social media platforms such as Facebook, Instagram, and Twitter. Through these channels, the company shares engaging content, including photos, videos, and articles, to connect with current and potential customers. Social media serves as a valuable tool for community building and brand promotion.

Local Advertising: The company leverages local advertising channels, including print media, radio, and local event sponsorships, to increase brand awareness within its target geographic regions. 

Partnerships with RV Dealerships: Collaborates with local RV dealerships to establish mutually beneficial partnerships. These partnerships often involve referral programs where RV dealerships recommend the company’s storage services to their customers.

Email Marketing: The company utilizes email marketing to communicate directly with its customer base. This channel is employed for sending updates, promotions, and important information to current customers and subscribers.

Financial Plan

A financial plan of a RV and Boat Storage business plan provides a comprehensive projection of a company’s financial health and its anticipated monetary performance over a specified period. This section encompasses a range of financial statements and projections such as profit and loss statements, balance sheets, cash flow statements and capital expenditure budgets. It outlines the business’s funding requirements, sources of finance and return on investment predictions. The financial plan gives stakeholders particularly potential investors and lenders a clear understanding of the company’s current financial position. A financial plan helps businesses demonstrate their financial prudence, sustainability, and growth potential.

T his s ection of th e RV and Boat Storage business plan helps your lender figure out whether you will be able to pay off the loan, whether the business is sustainable, what are the growth prospects, etc.

Screenshot 2024 04 02 at 9.23.53 PM

Income Statement

Screenshot 2023 11 11 230058

Balance Sheet

Screenshot 2023 11 11 230138

Cash Flow Statement

Screenshot 2023 11 11 230154

Revenue Summary

Screenshot 2023 11 11 230245

Cost Summary

Screenshot 2023 11 11 230309

Loan Amortization Schedule

Screenshot 2023 11 11 230326

Salary Summary

Screenshot 2023 11 11 230346

Non-Current Asset Schedule

Screenshot 2023 11 11 230409

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How to Start a RV Storage Business in 14 Steps (In-Depth Guide)

Updated:   February 22, 2024

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The RV storage business is growing at a rapid rate. In 2022 the market hit $48 billion , with a projected compound annual growth rate (CAGR) of 4.0%. This could bring the market to more than $80 billion by 2035.

boat storage business plan

With more families and individuals investing in RVs for leisure and travel, demand for secure and accessible storage facilities is on the rise. This creates an attractive opportunity for entrepreneurs interested in breaking into the industry.

This guide will provide insight on how to start an RV storage business. Topics include market research, competitive analysis, registering an EIN, obtaining business insurance, and more. Here’s everything you need to know about starting a boat and RV storage business.

1. Conduct RV Storage Market Research

Market research is essential to starting a self-storage facility. Boat storage requires detailed information to create a successful business plan. Primary research you produce yourself and secondary research you obtain through a third party, both come in handy.

boat storage business plan

Here are some of the details you’ll learn through market research.

  • With more RVs on the road, demand for specialized storage facilities is surging.
  • There are over 4,400 RV storage businesses in the US, and individual facilities are running near full capacity.
  • Prime locations boast 95% occupancy rates.
  • Favorable demographic trends also bode well for the industry.
  • RV travel appeals strongly to Baby Boomers, and this large demographic segment is entering the prime RV ownership age.
  • There are over 73 million Boomers in the US, and Boomers account for over 60% of current RV owners.
  • For entrepreneurs interested in starting an RV storage business, the market opportunity is substantial.
  • Success depends on picking the right location, offering competitive rates and high-quality facilities, and implementing savvy marketing.
  • In an industry growing at over 5% annually, new entrants have the potential to establish a thriving enterprise serving RV owners’ storage needs.

Though launching any new business requires significant upfront investment and effort, RV storage stands out as an attractive and promising sector in today’s recreational vehicle economy.

2. Analyze the Competition

Thoroughly analyzing the competition is crucial when starting an RV storage business. This involves assessing both local brick-and-mortar competitors and evaluating a wider online presence. Competitive analysis helps a new boat storage business determine important details like the types of storage being provided locally, prices charged by other boat storage businesses, and more.

Some of the ways to learn about your competitors include:

  • For existing storage facilities in your area, visit their locations in person to gauge factors like security, layout, amenities offered, and occupancy rates.
  • Note prices for different unit sizes, any move-in specials or discounts, and the condition of the grounds.
  • Check review sites like Yelp to see customer feedback and monitor it regularly.
  • Drive by at night to evaluate lighting and activity levels indicating demand. This on-the-ground reconnaissance gives key insights into local competitors’ strengths and weaknesses.
  • Analyzing online presence is equally important.
  • Search for local storage businesses on Google Maps and assess how many reviews they have, along with average ratings.
  • Check their websites for professionalism, ease of use, and extent of information provided.
  • See if they utilize SEO effectively to rank well for local searches.
  • Look for their listings on directory sites like Yellow Pages to evaluate citation consistency.
  • Ensure they have profiles on major platforms like Google Business and see how many followers or reviews they have accrued.
  • Monitoring online visibility provides a comprehensive view of competitors beyond just physical facilities.

Combining insights from on-the-ground observation and web monitoring paints a complete picture of competing RV storage offerings in your market. Regularly analyzing competition is essential even after opening your facility, to further refine your business plan and stay ahead of shifts in the local market.

3. Costs to Start an RV Storage Business

Keep in mind, that starting an RV storage business requires startup and ongoing expenses. Here, we’ll break down some of the common costs you’ll encounter.

Start-up Costs

When launching an RV storage facility, there are a variety of start-up costs to consider.

  • One of the largest will be purchasing or leasing a piece of land for the storage lot, which could range from $100,000 to over $1 million.
  • Site development including grading the land, installing roads, fencing the perimeter, and adding lighting could cost $200,000 or more.
  • Constructing the storage space for RV and boat storage will also require significant capital. Steel storage units typically run $50-$100 per square foot, while paved storage pads can be $15-$30 per pad space.
  • A medium 50,000-square-foot storage facility would therefore need around $3-$5 million just for storage structures.
  • Design and permitting fees need to be accounted for as well, which could cost $50,000+.
  • Other start-up costs will include an office and staff facilities (approximately $150,000 if constructed on site).
  • Office equipment and furnishings ($20,000)
  • Security system ($50,000 for gate access, cameras, etc.).
  • An insurance policy ($5,000 annually), and legal fees related to permits and contracts ($10,000).
  • Website design and hosting ($3,000), and miscellaneous costs like signs and marketing materials ($10,000).

These are some of the common startup costs you’ll encounter as you create an RV storage business plan. Buying the boat storage facility makes up the bulk of this cost.

Ongoing Costs

  • Mortgage or rent payments
  • Property tax
  • Utilities like electricity, water, telephone/internet, etc. ($2,500 per month or more depending on utility rates and facility size)
  • Waste disposal ($500 monthly)
  • Payroll for managers and staff ($4,000+ monthly assuming 2-3 employees)
  • Insurance premiums ($400 monthly)
  • Minor repairs and maintenance ($1,500 per month)
  • Office supplies and miscellaneous ($500 monthly)

Annual ongoing costs

  • Major maintenance or repairs (budget $20,000 annually)
  • Property taxes if not escrowed into a mortgage ($30,000 depending on location and value)
  • Income taxes
  • Marketing and advertising ($6,000-$12,000 annually)
  • Accounting services ($5,000 annually)
  • Legal services retainer ($3,000 annually)

Careful financial planning and cost control will be essential to maintain profitability. But in a rapidly growing industry like RV storage, a strategically sited and priced facility in the right market can produce over $500,000 in annual revenue at good occupancy rates, allowing for solid returns on the initial facility investment.

4. Form a Legal Business Entity

When starting an RV storage business, choosing the right legal structure is an important decision. The four main options each have advantages and drawbacks to weigh.

Sole Proprietorship

A sole proprietorship is the simplest structure. There is little paperwork, and the business is not considered separate from the owner. However, the owner has unlimited personal liability for debts and claims, which poses risks for an RV storage business vulnerable to property damage or customer injury lawsuits.

Partnership

Forming a general partnership shares liability across partners and allows the pooling of resources. However partnerships can experience internal disputes, and remaining partners still bear responsibility if one partner causes debts. Partnerships must also file separate tax returns.

Limited Liability Company (LLC)

A limited liability company (LLC) provides personal liability protection like a corporation with the pass-through taxation of a partnership. Members are shielded from business debts and claims, losses are passed to members’ returns, and overall paperwork and formalities are simpler than in a corporation.

Corporation

A corporation fully separates the business from owners and avoids double taxation, but requires extensive recordkeeping and administration. The complex setup process and less flexibility in issuing dividends or stock makes a corporation unnecessary for most RV storage businesses with a small number of owners.

5. Register Your Business For Taxes

One key legal step for any business is obtaining an Employer Identification Number (EIN), also known as a federal tax ID number, from the IRS. This unique identifier is required for important tasks like opening business bank accounts, applying for licenses, and hiring employees.

RV storage businesses need an EIN even if they do not plan to have employees right away. Self-employed owners still report taxes for the business separately from their returns. An EIN is vital for handling necessary IRS paperwork and tax filings for the company.

Thankfully obtaining an EIN is quick and can be done online via the IRS website here: Apply for an Employer Identification Number (EIN) . The online application only takes about 10-15 minutes to complete. You will need to provide basic information like the name and address of the business owner(s), along with details about the company’s ownership structure and operations.

Once submitted, you will receive an EIN immediately that can be used to open business accounts right away. There is no cost to obtain an EIN from the IRS.

In addition to the federal EIN, RV storage businesses will also need to register with their state revenue or taxation department for sales tax and other state business taxes. This can be done on the website of your state’s business services department. Filing fees are generally $50 or less.

6. Setup Your Accounting

Maintaining accurate financial records is crucial for RV storage businesses. With regular transactions and expenses, utilizing accounting software and professional accounting services is highly recommended.

Accounting Software

RV storage involves recurring revenue from monthly rental fees along with various overhead costs. Tracking all of these inflows and outflows meticulously is vital. Rather than error-prone manual methods, small business accounting software like QuickBooks allows easy tracking of income, expenses, account balances, and taxes.

Hire an Accountant

While software provides essential tools, working with a professional accountant is ideal for ensuring full legal compliance and optimized taxes. Services like bookkeeping, payroll, quarterly/annual tax filing, and overall financial statement preparation provide invaluable expertise. Expect fees of $100-$150 per month for bookkeeping.

Open a Business Bank Account

Maintaining completely separate finances for your business and personal life is also key for simplified accounting and avoiding IRS issues. Your storage company should have its own business checking account and credit card used strictly for company expenses.

Apply for a Business Credit Card

Applying for a dedicated business credit card provides spending flexibility and separation from personal finances. Business cards weigh factors like years in business and annual revenue over personal credit scores when setting limits. An ideal starting limit is $5,000 – $10,000.

7. Obtain Licenses and Permits

Starting an RV storage business involves obtaining several important licenses and permits to operate legally and avoid issues. Find federal license requirements through the U.S. Small Business Administration . The SBA also offers a local search tool for state requirements.

At the local level, RV storage facilities require zoning approval and likely a conditional use permit depending on municipal ordinances. Zoning laws for commercial properties dictate allowable businesses for each zone type. Specialized storage can fall under light industrial zoning. Research options in your area and consult zoning officials early when selecting potential sites.

The conditional use permit application involves submitting your business plan, site plans, and often a community impact study. This allows the local zoning board to review how the storage facility may affect neighborhoods. Expect at least 2 months to move through the application process. Permit fees range from $2,000-$5,000.

Construction permits from the local building department are also necessary for development projects like adding storage structures, gates, fencing, or office space to the property. These permits govern technical specifications for building safety and access compliance.

Don’t forget landscaping and stormwater management approvals as well. Most areas have regulations about controlling drainage, limiting impervious surfaces, and requiring retention ponds for large paved areas like storage lots. Integrate sustainable features like rain gardens or permeable pavements.

Specialized licenses like weigh station operation permits may apply for onsite RV weighing scales. States also often require the registration of security guards or gate attendants checking visitor credentials.

8. Get Business Insurance

Carrying proper business insurance is strongly advised when launching an RV storage operation. Policies protect your company’s financial health by covering losses from unforeseen events.

Without adequate coverage, scenarios like fire damage, customer injury lawsuits, or employee theft could severely harm or cripple your business. Rebuilding after a fire or paying large legal settlements from your pocket could lead to bankruptcy.

To avoid this, RV storage businesses need policies like:

  • Property insurance covers buildings, structures, and contents. This protects against losses from fire, storms, vandalism, and more.
  • Liability insurance covers injuries to customers or damage to their property while on your premises. This protects in case of lawsuits.
  • Commercial auto coverage for company vehicles. This handles collisions, accidents, or cargo damage.
  • Workers’ compensation for employee injuries on the job. This is required by law in most states.
  • Umbrella insurance provides additional liability limits atop other policies. This adds another layer of financial protection.

The process for obtaining business insurance involves:

  • Determining needed coverage types and desired limits. Consider worst-case loss scenarios.
  • Getting quotes from providers like The Hartford and Progressive Commercial . Provide details on operations, property values, and number of employees.
  • Choosing a policy with sufficient coverage at an affordable premium. Optimal deductibles reduce premiums while remaining within your means.
  • Completing the application and providing all requested information to bind coverage.
  • Paying policy premiums when billed to continue active coverage.

Working with an insurance agent or broker streamlines the process and ensures proper coverage. Protect your RV storage investment and peace of mind by securing adequate business insurance from the start.

9. Create an Office Space

Having a professional office space lends credibility and provides convenience for RV storage businesses when meeting clients or handling daily administrative tasks. The optimal setup depends on budget, location, and operations.

Home Office

A basic home office works well for sole owners doing administrative tasks like invoices and scheduling. Dedicate a quiet, private room only for work. Expect minimal costs like a desk and supplies, but distractions can be challenging. Meet clients elsewhere.

Coworking Office

Coworking spaces like WeWork offer affordable shared offices with amenities like meeting rooms, lounges, and coffee. These foster collaboration and provide turnkey offices. However, storage clients may prefer to meet at your facility. Expect to pay $200-$500 monthly for dedicated desks or private offices in coworking spaces.

Retail Office

Retail office spaces are ideal if also operating a companion RV supplies shop. Adjoining storage administration and the store provides convenience for customers. Office rent averages $15-$25 per square foot.

Commercial Office

For larger operations, Class B or C commercial office spaces near your storage lot offer room for staff and storage client meetings. Averages $10-$20 per square foot but allows room for growth. Location adjacent to your facility can enable easy access for clients.

10. Source Your Equipment

Launching an RV storage operation requires acquiring the necessary facilities, vehicles, and gear to provide secure, accessible storage. Entrepreneurs have options to buy new or used, rent, or lease much of the key equipment.

Buying brand-new storage structures, buildings, paving equipment, or company vehicles provides modern amenities and features. However, it requires major capital outlays. New single-story steel storage units cost $50-$100 per square foot. Newer model trucks or utility vehicles for the facility run $25,000.

Purchasing good quality used equipment through sites like Craigslist , Facebook Marketplace , eBay , and auctions can yield major savings. Gently used steel storage units or RV carports cost 50% or more below new. Older model enclosed trailers for moving RVs run just a few thousand. Vet equipment thoroughly and factor in repair costs.

Renting equipment like bulldozers, excavators, or pavers for site grading and development avoids large purchase costs. Rental yards offer flexible rates from $100-$300 per day. Compare local outlets for the best selection and pricing.

Leasing storage buildings, sheds, office trailers, or other major equipment is also an option to acquire essential assets without huge outlays. Typical lease terms run 12-48 months with buyout options. Monthly costs are often lower than financing purchases.

11. Establish Your Brand Assets

Creating a distinctive brand is key for RV storage businesses to stand out, build recognition, and connect with customers. Carefully crafting the brand identity and assets provides a solid foundation for marketing success.

boat storage business plan

Get a Business Phone Number

Having a dedicated business phone line lends legitimacy and convenience to customer communications. Services like RingCentral offer toll-free numbers, call routing, voicemail, and other professional features from $20-$60 per month.

Design a Logo

Designing a unique logo encapsulates the brand visually. Given the outdoor, adventure positioning of most RV storage, lively nature motifs or road trip imagery often work well. Services like Looka provide access to designers to create custom logos for around $150.

Print Business Cards

With a logo established, create matching letterhead, signage, website theme, and other assets. Consistent use of colors, fonts, and styling builds recognition. Order economical business cards, flyers, banners, and signs from Vistaprint . These serve as rolling ads.

Buy a Domain Name

Secure a domain name that matches your brand. Aim for yournameRVstorage.com or similar. Use name tips from Namecheap and budget $10-$15 annually.

Build a Website

Building a modern website quickly is achievable through user-friendly platforms like Wix . Pick sleek themes and highlight services, amenities, rates, and contact options upfront. Or hire web developers on Fiverr for custom sites from $500.

12. Join Associations and Groups

Tapping into local and industry organizations provides invaluable connections and knowledge for RV storage entrepreneurs. Surrounding yourself with peers and experts fuels growth.

Local Associations

Joining local associations like the Chamber of Commerce or growth alliances gives access to other business owners in your area. These groups enable networking opportunities and foster community relationships. For example, the Austin Independent Business Alliance connects over 400 local businesses through events and initiatives.

Local Meetups

Attending local storage industry meetups and trade shows allows connecting directly with fellow storage operators to share ideas and strategies. Sites like Meetup help find events near you. For example, the Self Storage Association of Michigan hosts regular chapter meetings across the state.

Facebook Groups

Facebook groups bring together specialized communities across distances. For storage pros, groups like RV/Boat Storage Investors and Self Storage Networking and Acquisitions enable asking questions, getting feedback, and discovering resources.

13. How to Market an RV Storage Business

Implementing an effective marketing strategy is essential for RV storage businesses to attract clients and drive growth. A mix of digital promotion, community networking, and customer referrals can build a thriving customer base.

Personal Networking

Start with your inner circle. Friends, family, and existing contacts are likely to become first customers. Offer discounts for referrals to incentivize happy patrons to spread the word.

Digital Marketing

Digital tactics should form the core of your marketing efforts for the best ROI.

Useful approaches include:

  • Search ads on Google Ads to get found for local RV storage searches
  • Facebook/Instagram ads targeted locally and to RV enthusiast interests
  • An email newsletter with storage tips and company updates
  • Search optimization to rank highly for local RV storage keywords
  • Positive online reviews on Google, Facebook, and industry sites
  • A YouTube channel with RV storage tips and facility walkthroughs
  • Blogging about RV care, maintenance, and storage best practices

Traditional Marketing

Traditional promotion can supplement digital efforts:

  • Printed flyers and direct mailers to nearby RV owners
  • Signage and billboards on nearby roads
  • Radio ads on local stations
  • Sponsoring relevant podcasts or blogs
  • Attending RV trade shows and meetups to network

While digital marketing enables targeted, measurable campaigns, traditional tactics help raise local awareness and visibility.

14. Focus on the Customer

Providing exceptional customer service is crucial for RV storage operators to earn loyalty, positive word-of-mouth, and referrals. In a competitive market, experience drives growth.

boat storage business plan

Some ways to improve customer focus in boat storage facilities include:

  • Little touches like greeting customers by name, explaining all policies clearly, and educating them on proper RV maintenance make a difference.
  • Take time to walk new clients through the facility to ensure comfort.
  • Respond promptly to maintenance issues like broken gates or lighting outages.
  • The security of customers’ valued possessions is on the line.
  • Send periodic emails checking in on storage status or tips to care for RVs.
  • Surprise repeat patrons occasionally with discounts or free months.
  • Deliver superior service during stressful times like late payments or preparing RVs for long-term storage.
  • The RV community is tightly knit. Satisfied clients share stories at campgrounds and dealerships, becoming your best advertisers.
  • Disgruntled customers can likewise deter potential business if their needs aren’t met.
  • Set yourself apart through a service that goes the extra mile.
  • The goodwill generated brings rewards for your storage operation.
  • According to surveys, over 80% of customers would refer after a positive experience versus just 20% with poor service.

It pays to make customer care a top priority. Your commitment keeps clients coming back year after year while sparking invaluable word-of-mouth. Service and storage go hand in hand.

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April 9, 2024

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Custom Fireplace Contractors & Installers in Elektrostal'

Location (1).

  • Use My Current Location

Popular Locations

  • Albuquerque
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  • Grand Rapids
  • Indianapolis
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  • Elektrostal', Moscow Oblast, Russia

Professional Category (1)

  • Accessory Dwelling Units (ADU)

Featured Reviews for Custom Fireplace Contractors & Installers in Elektrostal'

  • Reach out to the pro(s) you want, then share your vision to get the ball rolling.
  • Request and compare quotes, then hire the Fireplace professional that perfectly fits your project and budget limits.
  • Electric Fireplace Repair

What should you know about buying a fireplace in Elektrostal'?

Here are some recommendations for when you’re shopping for a fireplace or fire pit:, business services, connect with us.

IMAGES

  1. Pro Business Plans

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  2. RV and Boat Storage in Aurora |Aspen RV and Boat Storage

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  3. Boat and RV Storage Business Plan Template [Updated 2023]

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  4. 23+ High And Dry Boat Storage

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  5. Boat and RV Storage Business Plan

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  6. Boat Storage Business Plan Template

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VIDEO

  1. Boat storage continued#diy#tshirts

  2. Drop-in storage compartments for your boat! #tbnation

  3. Boat Storage Must! Stop using…February 5, 2024

  4. Solar Cold Storage Making Video (part 3) Cold Storage Plant Application

  5. मिनी कोल्ड स्टोर बनाने के लिए सरकार दे रही है 6.5 लाख

  6. How to Start a RV Storage Business

COMMENTS

  1. Boat and RV Storage Business Plan Template

    Boat and RV Storage Business Plan. Over the past 20+ years, we have helped over 1,000 entrepreneurs and business owners create business plans to start and grow their boat and RV storage businesses. On this page, we will first give you some background information with regards to the importance of business planning. We will then go through a boat ...

  2. Boat and RV Storage Business Plan Template (2024)

    Rick's Boat and RV Storage is seeking $200,000 in debt financing to launch its boat and recreational vehicle storage business. The funding will be dedicated toward securing the office space and purchasing office equipment and supplies. Funding will also be dedicated towards three months of overhead costs to include payroll of the staff, rent ...

  3. Boat and RV storage Business Plan Example 2024

    Start My Business Plan. Jack RV storage is the example we will be using to explain all the dynamics involved in starting a boat and RV storage business. It will be situated in Tucson, Arizona. This business will be headed by Jack Reacher who is a retired World War II veteran. Keep reading if you want to know how to start a boat storage business.

  4. Boat RV Storage Business Plan [Sample Template]

    We have analysed the market and below are the key areas we plan to spend or startup capital on: The Total Fee for Registering the Business in Portland - $750. Legal expenses for obtaining licenses and permits - $3,000. Marketing promotion budget for Pacific Storage® RV Boat Storage Company- $500,000.

  5. Docking Your Success: The Blueprint for a Profitable Boat Storage

    To accommodate a successful facility, a minimum of 300,000 square feet is necessary to include storage spaces, parking, and other buildings. The land costs for boat storage businesses tend to be higher compared to traditional storage businesses due to the need for more space ( Mako Steel ).

  6. How to Start an RV and Boat Storage Business

    There are five main types of RV and boat storage facilities: Open storage. These range from the dirt fields and chain-link fences of the past to fully paved or concrete stalls. Outdoor covered storage. Similar to open storage, but with canopies or roof-only structures for added protection against the elements.

  7. Building a Boat Storage Facility: How to Start Your Boat Storage Business

    If you plan to run an open-air boat storage lot, you'll want to install a fence around the perimeter of the property. Whether you opt for the enclosed or open facility, an alarm and security system is recommended—which should consist of security cameras, automatic alarms, coded entry, and even 24-hour human surveillance in some cases.

  8. How to open a profitable boat storage company?

    Choose a name and register your boat storage company. Develop your boat storage company's corporate identity. Navigate the legal and regulatory requirements for launching your boat storage company. Create a business plan for your boat storage company. Raise the financing needed to launch your boat storage company.

  9. Boat/RV Self-Storage Offers a Bright Business Opportunity

    It's important to note that the RVs being purchased this year aren't large, 36- to 46-foot long, drivable models. They're the drivable or towable class-B and -C models, which are more affordable and manageable. For smaller units, you'll want a 12-foot-wide bay, with lengths of 30 feet for boats or 40 feet for RVs.

  10. How to write a business plan for a boat storage company?

    The written part of a boat storage company business plan. The written part of the business plan is where you will explain what your business does and how it operates, what your target market is, whom you compete against, and what strategy you will put in place to seize the commercial opportunity you've identified.

  11. How to Start a Boat Storage Business

    Boating continues to rise in popularity as a recreational hobby and lifestyle. For entrepreneurs, the growing need for boat storage presents an appealing business opportunity. This comprehensive guide covers how to successfully start and operate a boat storage facility in popular boating markets. Overview of the Boat Storage Industry With over 12 million recreational boats...

  12. Boat and RV Storage Business Plan

    Boat and RV Storage Financials. Financials are perhaps the most significant and potentially the most rewarding aspect of your business plan. With higher occupancy, you'll be able to increase your rates in a way that's commensurate with the demand. Many facilities slowly raise rents in regular increments, such as a 4% increase after an ...

  13. How to Write RV and Boat Storage Business Plan? Guide & Template

    The recreational vehicle (RV) and boat storage business is booming, fueled by the increasing popularity of outdoor adventures. Whether it's hitting the open road in an RV or setting sail on a ...

  14. RV and Boat Storage Business Plan

    RV and Boat Storage Business Plan is an outline of your overall RV and Boat Storage business. The business plan includes a 5 year projection, marketing plan, industry analysis, organizational overview, operational overview and finally the executive summary. Remember to write your executive summary at the end as it is considered as a snapshot of ...

  15. Pro Business Plans

    Pro Business Plans is a team of professional researchers, writers, designers, and financial. analysts. Speak with an advisor today. GET QUOTE. Speak with Sales (646) 866-7619. This article provides information on what is included in a boat storage business plan and how it is typically structured.

  16. Six Steps to Build a Successful RV and Boat Storage Business

    In short, a 3-acre open RV storage facility can accommodate about 190 RVs of various sizes. At $15/SF, a 3-acre an outdoor RV storage facility can cost $1,960,000 to develop. Add in the cost of the land and you could be looking at a total cost of about $2,300,000.

  17. Opening a Boat and RV Storage Business: What You Need to Know

    Word of mouth is by far the greatest advertising a business can get. Following a plan will help to get started on a road to success.Author's Bio: Peter Wayne writes for Ten Storage, a company which offers a spacious place for the storage of vehicles and boats. It also offers 24/7 access to your boat or vehicle storage.

  18. How to Start a RV Storage Business in 14 Steps (In-Depth Guide)

    This guide will provide insight on how to start an RV storage business. Topics include market research, competitive analysis, registering an EIN, obtaining business insurance, and more. Here's everything you need to know about starting a boat and RV storage business. 1. Conduct RV Storage Market Research.

  19. RV and Boat Storage Business Expenses: What You Should Know

    Landscaping also requires regular attention. Some of the top expenses involved in operating a RV, boat and toy storage business include: Doors and Gates. Restrooms and Wash Bays. Landscaping and Snow Removal. HVAC Systems. Roofing. Plumbing and Electric. Paint, Flooring, and Pavement.

  20. Marina industry faces big challenges, investors ...

    The bulk of that money comes from boat-storage and docking services. Much of the rest comes from repairs and maintenance services, and fuel and merchandise sales.

  21. Heat-ex

    Business People Phone Postal Code Address Web Email. Log In. BROWSE: Countries Area Codes Postal Codes Categories Add a Business. Moscow Oblast » Elektrostal. Heat-ex. ulitsa Gorkogo, 38, Elektrostal, Moscow Oblast, Russia, 144002. General contractors. Heating installation and repair. Phone 8 (495) 505-21-45 8 (495) 505-21-45. Website

  22. magFlags XL Flag Elektrostal Moscow oblast

    Amazon.com : magFlags XL Flag Elektrostal Moscow oblast | landscape flag | 2.16m² | 23sqft | 120x180cm | 4x6ft - 100% Made in Germany - long lasting outdoor flag : Outdoor Flags : Patio, Lawn & Garden

  23. State Government Sites

    State Government Sites. Alaska Case Law Service. Arizona Court Rules. Arkansas Model Jury Instructions - Civil. Arkansas Regulations. California Code of Regulations. California Public Law Library Briefs Service. Clarence Darrow Cases. Iowa Department of Justice, Office of the Attorney General Opinions.

  24. The flag of Elektrostal, Moscow Oblast, Russia which I bought there

    Its a city in the Moscow region. As much effort they take in making nice flags, as low is the effort in naming places. The city was founded because they built factories there.

  25. Custom Fireplace Contractors & Installers in Elektrostal'

    Search 151 Elektrostal' custom fireplace contractors & installers to find the best fireplace contractor for your project. See the top reviewed local fireplace services and installers in Elektrostal', Moscow Oblast, Russia on Houzz.