The purchase of land, paving of the recreational parking area, construction of the storage units, office, living quarters, and pre-opening expenses are estimated at $3,754,168. "Based on current and projected strong demand for self-storage units, rental revenue is expected to grow rapidly as units fill up from the first year's target of $475,797 to $734,086 in the third year...
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34) By the fifth year the revenue is expected to reach the one million mark. INTRODUCTION I. Type of business The type of business is a self storage facility with office and living quarters for the owner/manager. "The self storage operator is primarily engaged in renting or leasing space for self storage...
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