Mobile Storage "One of the fastest growing business opportunities!"

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1 Mobile Storage "One of the fastest growing business opportunities!" The market for mobile storage is growing exponentially as awareness of its benefits increase. Mobile storage is becoming the preferred way for people to move and store their belongings. Mobile storage, or portable storage as it is also called, is capturing customers from the existing $ 22.5 billion self-storage market, the $ 16.5 billion moving industry and creating new alternatives for customers that need temporary storage at their site. Since the mobile storage industry is still in its infancy, the possibilities for growth seem limitless. Getting Started In Mobile Storage Know your Service Markets Mobile storage offers the tremendous benefit of delivering moving and storage services to your customers. On a daily basis, mobile storage businesses can effectively service about a 1 hour drive time from any facility. Yes, it is possible to travel beyond 1 hour, but your efforts should be concentrated within this radius to maximize results. Mobile storage services 3 primary markets. 1. On Site Markets: This market is defined by customers who are in need of a storage container that is delivered to a customer and left there until they are done renting the unit. Great for remodeling projects, restoration companies and commercial contractors. One initial delivery is made to bring the container to the customer and one final pick up is made once the job is completed.

2 2. Site to Site Markets: This market is defined by customers who are in need of a container being delivered to a customer's initial site and moved directly to another site designated by the customer. Similar to the U-Hauler's or truck rental markets. This can be for any period of time, days, weeks, months or even years. Storage containers are rented by the month, so the customer is under no time constraints. An initial delivery is made to bring the container to the customer, a return trip to that location is made to retrieve the storage container. The container is delivered to the customer's final destination, and a final pick up is made once the job is completed. Container or multiple containers are dropped off at customers residence or place of business. After customer takes their time to load containers they will call you to pick the containers up and deliver them to their new residence or place of business. Containers are placed at new residence and once customer unloads their belongings, they will call you for a final pick up. A return trip is necessary to finalize this transaction.

3 3. Secure Storage Markets: This market is defined by customers who are in need of a storage container but also need a place to keep their stored contents for any length of time. Very similar to self-storage, this market provides moving and storage services but also offers the tremendous benefit of convenience. Customers don't have to rent a truck, pay fuel charges or be under the time constraints of making multiple trips to a self-storage facility. An initial delivery is made to bring the container to the customer, it is left there until the customer has had time to load their contents. Once loaded, the storage container is picked up and brought back to a secure warehouse or fenced in lot for storage. Customers may come out to retrieve any stored items and a final delivery is made when the customer is done renting. A final pick up is completed once the customer's belongings have been unloaded. Step 1: Initial delivery Step 2: Initial pick up Step 3: Warehouse storage Step 4: Final delivery Step 5: Final pick up

4 Develop Your Business Plan: Not all business are alike. Create a vision of how you want your business to look and most importantly, know the numbers associated with it. Will you be doing everything yourself? Will you have a few employees? Will you rent a warehouse or secure storage lot or buy one? Understanding your monthly expenses is critical to reaching your goals. Once you understand your expenses - It's time to understand your income. How YOU Make Money: You will be renting containers to residential and commercial customers by the month and charge delivery fees to get containers to your customers and pick them up. Monthly rental rates are determined by each owner/operator but are typically in the range of other competing business. On average, 16 ft containers rent for $ 190 per month in a secure storage facility. Delivery charges also are determined by each owner/operator and vary by distance traveled. Typical delivery charges range from $ 65 - $95. Owner/operators will charge an initial delivery fee and a final delivery fee. To illustrate the income from one rented 16 ft. mobile storage container see the following. 1 container 16 ft. avg. monthly rental $ 190 avg. time rented 6 months avg. initial delivery fee $ 70 avg. final delivery fee $ 70 total income from 1 $ 1,280 average monthly income $ 213/mo. Multiply the average monthly income per rented container by your number of containers to determine your effective gross income. Then, subtract your monthly expenses to determine your effective monthly income. containers monthly income $10,650 $21,300 $31,950 $42,600 $53,250 $74,550 $106,500 $159,750

5 Be Realistic: Know your limits and financial capabilities. Everyone is different, therefore every mobile storage business will have its own unique characteristics. Will you start small and build it over time? Will you be an owner operator or will you have employees? How will you finance your business? Answers to these questions will help shape the outlook of your mobile storage business. Make A Decision: Once you have the product knowledge and understand the numbers, you need to decide if mobile storage is right for you. If it is, then decide on a reputable company to purchase these products. MI-BOX is not only a manufacturer and supplier of mobile storage products, we are committed in helping you succeed long after the sale. MI-BOX knows what works and what doesn t work in real life situations. We have been operating our own mobile storage business since 2004 and sell the exact same products that we use ourselves every day. We believe accurate information is the key to sound decision making. This information is typically gained and understood over time. This process is necessary to fully understand not only the information at hand but also to develop the necessary relationships essential for success. MI-BOX is committed to taking the time and effort needed to go through the process of understanding the opportunities afforded by mobile storage. We encourage you to continue researching all mobile storage products, services and business opportunities. Write down your questions and concerns. Examine all aspects of your mobile storage decisions. Then, contact us for honest and insightful answers. For more information on MI-BOX dealerships, please visit: Website: Phone: Quality products built rhino tough!