6 Storage Facility Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Storage Facility

Starting a storage space business is an accessible venture that allows you to utilize unused space effectively.

Additionally, you can start this with little capital. If you have available space, such as a warehouse, garage, or unused rooms, you can repurpose it for storage purposes.

Apart from renting out storage space, self-storage facilities make money by selling locks, cardboard boxes, packing supplies, insurance, and other products.

Pros of starting a storage space business include the following:

Great profit potential
Growing demand
Low overhead compared to other businesses
Requires minimal management

Here are some real life success stories of starting a storage facility :

1. Velocity International Group ($1.8M/year)

Ben Elizer, the founder of Velocity International Group, came up with the idea for his logistics company after working at another logistics company for almost five years. He wanted more responsibility and growth opportunities, so he decided to start his own company using the knowledge he had acquired. Despite facing financial difficulties and having to move back in with his mom, Ben put everything he had into Velocity and it has since grown into a successful business, with revenue increasing by over 300% in the past two years.

How much they make: $1.8M/year
Current team size: 17

How I Started A $100K/Month Logistics And Delivery Service Company

How a logistics company grew its revenue over 300% in 2 years, starting with just 2 vans and 25k+ square feet of warehouse space, and focused on relationships, efficiency, and building trust with its customers.

About

Ben started Velocity International Group over 8 years ago

Revenue

Ben grew the business to $150K/month

Read this case study

Read by 12,185 founders

Learn more about starting a storage facility :

Where to start?

-> How much does it cost to start a storage facility ?
-> Pros and cons of a storage facility

Need inspiration?

-> Examples of established storage facility
-> Marketing ideas for a storage facility

Other resources

Part of

Starting A Storage Facility : Everything You Need To Know

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4. List Self Storage

5. Fireproof Records

Fireproof makes sure your information is always in your hands and never in your way with workflow automation, document scanning, data protection and backup, offsite storage, certified shredding, litigation support and ediscovery, and more.

Where they're located: Columbus, Ohio, USA

6. Texas Storage Investors

Texas Storage Investors is your resource for buying and selling boat, RV and self-storage facilities. Call us at 936-520-2721 to discuss your investments needs.

Where they're located: Irving, Texas, USA