The SIMPLE Feasibility Study
Serving as the starting point for many self storage projects, the feasibility study determines a project’s ability to achieve profitability and sustainability. Under the direction of SIMPLE, we will help produce a preliminary profitability statement, select key competitors to compare, and assess your community’s potential. Final recommendations will be presented to stakeholders through both oral and formal written reports.
Feasibility Factors
We analyze how successfully a project can be completed, accounting for factors that affect it. Self Storage Investors use feasibility studies to determine potential outcomes of a possible investment of considerable time and money.
A Few Factors
Feasibility Goals
A feasibility study tests the viability of a project. Our goal is to place emphasis on potential problems that could occur if a project is pursued. Feasibility studies also allow an organization to address the capital needed to get the project up and running and meet long-term needs as well.
Typical SIMPLE Goals
Feasibility Results
We allow you to determine and organize all of the necessary details to make a project work. A feasibility study helps identify logistical problems, and nearly all organization-related issues and provides the solutions to alleviate them.
Feasibility Benefits
Let's Do A Feasibility!