Why invest? There’s a shortage of RV & Boat Storage Businesses Nationwide!
Invest in a Covered RV & Boat Storage business today!
Owning a “Solar” Covered RV & Boat Storage can be a year around profitable business!
Two  key factors to building a profitable “solar” covered RV & boat storage business.
Number one  is partnering with a solid experience installation contractor who has built hundreds of solar and non-solar covered RV & boat storage businesses across the United States and has been in the industry for more than 30 years.
Number two  is partnering with an actual owner of a solar covered RV & boat storage business, the value of choosing a veteran installer who is also an owner is the expertise they will provide during all phases of construction. From the preliminary development to the design layout of the sites recreational vehicle rental parking spaces and canopies to assure orientation of the PV’s [modules] will provide optimal performance and production.
Why invest? There's a shortage of RV & boat storage businesses!
Additionally, more towns and cities are discouraging recreational vehicle parking on streets and sides of homes. Some are even restricting parking altogether! As a result, there is a high demand for RV & boat storage businesses and a shortage of businesses supplying recreational vehicle parking. Adding to the demand is homeowners are increasingly deciding to downsize, whether that is to a smaller house, condo or apartment [according to research from real estate site Trulia]. Theses downsizers are not willing nor wanting to sell or give up their recreational toys. They are keeping their RV’s, boats, jet skis, and toy haulers! Downsizing allows these people to sock money away for trips and storage cost! These people are your new clients!
Low operational cost and little maintenance!
- 24-hour video monitoring is your watchdog. No need for security personnel. Investing in advance security technology and features are worth the extra expense! People like the peace of mind and will pay a premium rate to have it.
- There is no need for a day or night gate attendant; a 24-hour access key fob allows clients to come and go.
The office manager is there mainly for customer convenience [and peace of mind]. Tenants like to interact and see a friendly face at the counter. He or she is there to answer questions, like how to winterize their RV or boat. They are there to give tours of the facility and its amenities and offer other services that the business may have as “extra” services; like motorhome wash, propane refill, and winterizing.
An RV & boat storage business cost less to build
One significant, and lesser-known advantage to steel structures (often an afterthought) is the savings on insurance. Most insurance companies offer customers savings and rebates when steel structures are being built or have been built on the property. These structures are less likely to need structural repair; therefore, the lower insurance rate will be.
Steel is sustainable and 100% recyclable! If you’re looking to attract investors, building with steel, is considered a sustainable construction build. Going “green” will help gain interest in the project. Adding solar modules opens up even more dialogue with financial institutions, investors, and city and town building permit departments.
RV & boat storage customer vs. self-storage customer
The average “motor coach” price tag is $100,000 [according to the Recreation Vehicle Association], and an average starting cost for a motorboat with outboard motors and no cabin, starts at $20,000. If the tenant doesn’t pay, a lien can be placed on the recreational vehicle and be sold per the state’s requirements. Vehicles must go through a foreclosure or eviction if there is a lease on them. Abandoned vehicles can be towed off the property. Leaving the customer to deal with the towing company to reclaim their vehicle.
SOLAR INVESTMENT SUCCESS STORY! ~ In "The BLACK" in 18 DAYS! Oakley Executive RV & Boat Storage, Oakley, CA
Revenue from solar income & shaded parking
It’s important to work with a solar panel installer such as Baja Construction. Our design engineers’ layout objectives are to gain maximum coverage for optimal electrical production from each solar panel installed. The electricity produced from the solar panels can be more than enough to pay the businesses electrical bill and then some. This depends on the number of RV ports that can be installed on the property and number of panels installed.
Secondary income for the business is generated by the excess electricity the solar panels produce. The RV & boat storage owner can sell the excess electricity back to its designated utility supplier. In return, the utility company may issue monthly credits on your energy bill or send a cash refund.
Solar rebates and solar program benefits
Three most common incentives [as discussed on “The Grid”]:
- Rebates: Money paid upfront by the local utility company to help you purchase your solar system. A rebate will help lower the capital amount you may have to borrow to finance your solar project.
- Feed-in tariffs [FIT] differ state-to-state: It’s a payment you might receive for any solar excess electricity gained from your solar systems. Some utility companies may be willing to purchase the entire output of electricity your system produces at an agreed price.
- Solar Renewable Energy Credit [SREC] differs state-to-state: Much like a FIT – only the approach is different. Some states will credit you for installing a solar system depending on its production [kWH] output. The normal credit is an SREC credit for every 1000 kWh your solar system produces. Depending on the price of the SREC you can sell your SREC credits for cash, that’s in addition to the amount you are already saving. SREC are traded and their price is variable.