An opportunity for 113% - 304% Cash-on-Cash return on someone else’s real estate?
A thread on how @barrettjoneill is using mobile container storage to ‘park’ cash… (get it 😂)
A thread on how @barrettjoneill is using mobile container storage to ‘park’ cash… (get it 😂)
Mobile container storage = kinda sexy biz.
Lots of people have made storage interesting ( aka bud @sweatystartup ) but hat about storage that moves...
Lots of people have made storage interesting ( aka bud @sweatystartup ) but hat about storage that moves...
@OnDemandSt0rage containers are 16’ x 8’ x 8’ constructed of steel and fiberglass
They're like Pods except you can own individual storage containers and a route or area, instead of having to start the whole business yourself.
They're like Pods except you can own individual storage containers and a route or area, instead of having to start the whole business yourself.
How's it work?
- you apply for the rights to a ‘dealership’
- Costs will vary depending on your market but it starts at $50K (think a bit like a franchise)
- they help you model out your market & your potential returns
- you apply for the rights to a ‘dealership’
- Costs will vary depending on your market but it starts at $50K (think a bit like a franchise)
- they help you model out your market & your potential returns
BUT - You’re probably thinking “those are big – they must be expensive to move!”
Turns out...
They are designed to be moved by any flatbed truck which every tow company usually has...
There’s probably 10+ within a few miles (run a quick Google search).
Turns out...
They are designed to be moved by any flatbed truck which every tow company usually has...
There’s probably 10+ within a few miles (run a quick Google search).
How will you fill containers?
Storage is a local business so dealers can tap their networks, hustle, and reach out to strategic groups to fill their containers:
-Schools
-Hospitals
-Municipalities
-Office Buildings
-RE Managers
-RE Owners
-Retail Plazas
Storage is a local business so dealers can tap their networks, hustle, and reach out to strategic groups to fill their containers:
-Schools
-Hospitals
-Municipalities
-Office Buildings
-RE Managers
-RE Owners
-Retail Plazas
Definitely a unique model to"franchise" or own...
Who has played this game before?
Who has played this game before?
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