My kids LOVE Storage Wars.
Even my husband has caught the bug and sometimes watches it with them. When they are not watching it on TV, the kids are playing it at home with our various rooms, bidding against each other for the bathroom contents or the closet. Or they are on their electronics playing Storage Wars there. It has a lot of appeal for them .
Storage lockers are a relatively new invention. Started in 1958 in Florida, chains started appearing in the late 1960's and the industry really took off in the 90's. The United States has the most storage facilities worldwide. There are typically 4Ds that drive demand: divorce, death, downsizing and dislocation (the need to move).
In my folks' Muskoka facility, we are now 95% full. We started out with no lockers rented because of a dispute between the prior owners. Now, out of 165 lockers, we may have a handful available at any one point in time and sometimes have none. We have contractors who store their tools; cleaning suppliers who store their products; interior design companies that store furniture; lots of folks who moved north and need to store excess items until they get settled; many people who are storing their parents' household items because they have moved to a retirement home; professionals who keep their files with us; and numerous others who value climate controlled and secure storage for their valuables.
We are extremely grateful for the business and always try to take very good care of the building and of our locker clients. Our storage manager is a Muskoka local and she knows all of our tenants on a first name basis and is skilled at catering to their needs. We are also hoping to add some outdoor storage lockers down the road to continue to meet our client's demand for more space.
The storage industry is fascinating and seems to be steadily growing in Canada. Fortunately we have very few bad debts in Muskoka and those who owe money are usually personally known to us so we try to work with them to get current or to move out. Hence thus far there has been no drama with delinquent units like that on TV. Nonetheless, my kids are always hopeful.
Entrepreneur and mom to four amazing kids
Q: Why did the can crusher quit his job?
A: Because it was soda pressing.