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Question 4. What would be my initial startup expenditure?
Answer 4. The initial
startup expenditure for a
GO MINI'S
dealership is more modest than most competing businesses. The three primary costs
required to open a GO MINI'S
dealership are the territory fee, the purchase of a transport truck and the
initial minimum purchase of 40
GO MINI'S
containers. If you plan to open a
GO MINI'S
dealership from scratch, it has been our experience that
your initial expenditure will be approximately $350,000 with an additional $150,000 needed
for expansion in the first year.
If you are going to use
GO MINI'S
as an add-on to an existing business such as a
self storage or moving and storage business, then costs should be
considerably lower. For example, if you already own a self-storage or moving and
storage company, and have a storage facility, warehouse or yard, then one of your most
significant hurdles will be cleared: a place to store your
GO MINI'S
containers. You will likely also have an established name,
clientele and an experienced staff. This
should enable you to get your GO
MINI'S
business up and running in as little
as 30 days.
If you plan to use
GO MINI'S
as an add-on to your existing business, we expect that your start-up costs will be approximately $250,000, with
another $150,000 needed within the first year for growth and expansion of the
business. |