By Jeff Stallings
Did you know that it’s possible to tap into a $3 billion industry that complements towing by utilizing your existing resources? The portable self storage industry is barely 15 years old and growing rapidly. This article will explain how adding portable storage to an existing Towing Operation can provide a stable revenue stream while utilizing your existing resources.
Portable Storage was created to provide a more convenient option for customers needing self-storage. The portable storage container is brought to the customer’s home or business where they pack it up. Once it is packed, it can be stored at the customer’s property or brought back to a portable storage company’s secure outdoor storage lot or warehouse.
Portable Storage containers are extremely durable, typically have a 30-year life cycle, are waterproof, secure, can carry up to 10,000 pounds and withstand winds up to 120 miles an hour. They are commonly 12, 16, and 20 feet in length.
An exciting new company, called SnappyBox® Moving and Storage, is bringing portable storage to the towing industry. It does this by utilizing the existing resources a towing operator already has (like standard rollback trucks and a secure lot) to generate additional revenue. Towing Operators can get into the portable self storage industry with significantly reduced investment compared to companies that only do Portable Storage like PODS® and 1-800-Pack-Rat®. Portable Storage complements the Towing Industry perfectly and helps operators have a more stable and diverse revenue stream. The typical portable storage container rents for $200 per month and stays rented an average of 6 months. That is $1,200 on average of gross revenue generated off just 1 container rented. Multiply this by 50, 100, or 200 containers and towing operators can generate a significant profit.
Most portable storage companies require an initial start up cost of more than $3 million in order to purchase a suitable facility, buy specialized trucks, a forklift, purchase 300-400 containers and hire staff. This is the cost to just get many of these franchise locations to break even. Under the SnappyBox® model, Tow Operators can break even with as few as 6 containers rented and this factors in the cost of financing. SnappyBox® makes it easy for Towing Operators who already have rollback trucks, drivers, and extra space on a secure lot to add portable storage to their existing business. They provide a good source of high quality, light weight containers that are specifically designed to be moved loaded with rollback trucks, and they manage all aspects of the portable storage side of the business so the tow operator can focus on their towing operation. They have 10 years of experience in the portable storage industry, and they use this knowledge to provide a turn-key, full service Portable Self-Storage Management program to Tow Operators. To find out more about their services, check them out at snappybox.com/towing.
If you are looking for a way to diversify your towing business, create another source of revenue for your business and utilize your trucks and drivers through slow times, then SnappyBox® Moving and Storage may be a great solution for you.
Jeff Stallings
Chief Entrepreneur
Mobile Attic
600 East Killian Rd.
Columbia, SC 29229
Cell: 803-553-0002
