Real Estate
Real Estate

Operations automation & scaling for a self-storage facility

Location
Ontario, Canada
Year
2019
Engagement
Strategic Positioning: Business Model Optimization
The problem

Self Storage Business founded through conversion of city maintenance facility. Small scale of business forced a need for maximum revenue generation with minimal labor. Offsite management and increasing competition during period of low interest rates created additional complexity.

Our approach

Our team created templates for common processes (signups, invoices). We developed centralized management dashboard to display customer information and facility KPIs. We linked dashboard to other software to build automated, self-serve options and minimize workload for owner.

Case study figure

Measurable impact

+14%

Earned revenue 14% higher than local competition (per sqft)

Real Estate

Measurable impact

+40%

Expanded facility 25% in 2020 and additional 40% in 2023

Real Estate

Measurable impact

0.10 FTE

Reduced owner workload from 0.75 FTE to 0.10 FTE and bartered with tenant for 2 hours / month contract labor

Real Estate

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