Subject category:
Marketing
Published by:
Ivey Publishing
Version: 2005-01-04
Length: 21 pages
Data source: Field research
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Abstract
Two partners have converted an abandoned bingo hall into a 40,000 square foot self-storage unit. It appears to be filling up quickly. The father wants to build four or five similar self-storage units each year in the surrounding cities and towns, by converting former factories and supermarkets into self-storage units. The partners want to build one unit each year in order to retain a larger ownership stake and a smaller debt component. In either situation, there are pricing and feasibility issues that must be considered.
About
Abstract
Two partners have converted an abandoned bingo hall into a 40,000 square foot self-storage unit. It appears to be filling up quickly. The father wants to build four or five similar self-storage units each year in the surrounding cities and towns, by converting former factories and supermarkets into self-storage units. The partners want to build one unit each year in order to retain a larger ownership stake and a smaller debt component. In either situation, there are pricing and feasibility issues that must be considered.