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The Long Term Value of Your Self Storage Business
There's value in recurring business. The average self storage customer says stays in storage for 18 months. That means they'll pay the rent every month on an average of 18 times. So that's long term value. Another thing that early entipeners forget about, as far as value goes, is the resale value of their company. If you have a book of recurring business, it can be very valuable to a competitor or a potential purchaser.