In the period of this coved-19 epidemic, there is a bad phase of all types of trade except a few occupations. If you have built a warehouse for rent purpose, you may have to wait a while, and in such a situation your ROI (return of investment will be nil. Therefore, I have some good ideas for you for the empty warehouse business. Use (ROI) can increase return of investment. Let’s see:
Friends, I am talking about self-business, that is business, if you invest a little more, you will invest money in an empty warehouse and you will also be called business owner or owner of the company. Friend, doing this business can be started very easy and simple and with low cost. We think this business is the best idea for your empty warehouse.
If your warehouse is in a good location such as: Commercial center, industrial / manufacturing center or close to port or rail station, then you do not need to worry as you will continue to get opportunities in such place.
But even if your warehouse is different from here, you don’t have to worry. Only you have to invest a little money and time will be required.
Good business ideas for Empty Warehouse
1. Hotel, Dhaba or Restaurant bar Business
Poultry feed mill or farm business
Start a Gym
Provide Parking Spots
event venue business
The business of the event venue is growing very fast. In 2005, an event in the city in India was held at the event venue because there was not enough space in the city, and not many people were able to manage, so the event organizer He was given it and he managed it according to his own.
And as the times are changing today, even in the place of people and people in the village, even if they want to have a small event tastefully in the event venue, even the birthday celebration.
The special thing is that you can do this business anywhere. You just have to decorate it well. But this business is excellent. Just make you believe that we will be able to manage both the food and social distancing of the people.
Basketball or cricket net practice
If your warehouse is in the middle of the city, then you can make a lot of money from this business. I have seen in India in a city like Mumbai that people are making more money from this business than normal business.
If you are planning to make a product with less investment then there are many products that you can make. like :
- Sandals manufacturing
- Candle Manufacturing
- Soap manufacturing
- Biscuit manufacturing
- Chocolate manufacturing
- Incense sticks manufacturing
Or you can make products according to your market and customer demand
To give on rental
If you do not want to invest or give time, then you should also give the warehouse to people who do small products like Automobile, Earth moving equipment, Engineering product, FMCG and Sports goods etc. on short rent, so that you can use your warehouse space better. You can do a bit of investing.
Suppose your warehouse’s Hight is 25 fit, and its rent is 50000 and the business owner uses only 8 fit Hight, and the rest remains empty. In such a situation, you should divide the warehouse into 3 floors of 08 fit, and if you do a little rent work, you will be able to make better use of your warehouse.
If you have a large warehouse and have more free space then you can search for one customer and give it to more than one customer, or you can do more business, you can divide your warehouse with thin walls according to customers’ requirement. Can give
The customer can hire you to do this work. like :
- Lease it out to a MESME Manufacturing Company
- Lease it out to a Rental Company
- Use it as an Event Center,
- Lease it out to a Logistics Company, Distribution Company, Storage Facility for Importers etc.
If the customer does not use your warehouse for storage or above, you can also manage and operate a warehouse, instead of giving it to the customer, you manage the warehouse for your customer or do the work given above. Can generate more income by operating
The first thing is that if you have a warehouse and it is empty, is it known to the market? Second if your warehouse is empty, then you keep it clean, and don’t think about your profit, if a customer comes to rent for you, take care of its purpose. And if possible, use this business idea. If you need my support with any of these businesses or you want give suggestion, you can email or comment. Thank you