TK4
Well-known member

The rise, fall, and revival of DIY motorcycle garages - RevZilla
For a while, it looked like do-it-yourself motorcycle garages were a hot trend, but not all of them have survived.

There were a couple here in the 416 - what happened to them ?Did they ever rise? They were built. Tons of money was spent on advertising. Did they ever have sufficient DIY clients to be remotely viable? I highly doubt it.
I know they existed. I'm not sure they ever had sufficient customers to be remotely viable. Wasn't flying squirrel on that program for a bit?There were a couple here in the 416 - what happened to them ?
On that note, something as simple as a torque wrench can be a huge liability. You use shops wrench and something goes wrong. Shop can show they got it calibrated 11 months ago but given that a bunch of random and untrained people have touched it since then, was it still in spec when you relied on it? That's a solid maybe.Number of clients would never outweigh the cost of insuring liability. As long as a DIYer can legally hold responsible anyone other than themselves makes this venture a great while it lasted.
Unfortunately the fear of liability has killed so many things, and prevented many more.
Given as how some people will sue at the drop of a hat over the dumbest things, and insurance against any and all possibilities like that costs an arm and a leg, yeah, it's not surprising that anything DIY like this struggles.
COVID - you can't sustain a business on DIY when nobody's allowed to enter.There were a couple here in the 416 - what happened to them ?
Expectations. My place cost about $0.60 a square foot per month to keep, tax, maintenance fees, insurance, utilities.I doubt liability is the reason these thinks don’t work. Waivers and organizing as a member’s club are easy ways to mitigate risk
I suspect it’s simply a biz model that doesn’t work.ear
Your number seems low 3x it seems reasonable.Expectations. My place cost about $0.60 a square foot per month to keep, tax, maintenance fees, insurance, utilities.
Someone wanted 200 square feet of space to store their boat for six months.
$0.60 per sf X 200 sf X 6 mo = $720
He suggested a third of that.
His number was the breakeven number with no profit, capital cost considerations or allowance for the hassle of a boat in the way. 3x his number is probably a reasonable number to account for those other factors.Your number seems low 3x it seems reasonable.
Sent from the future
Our shops are outside Toronto, nothing swanky, we’re about 1.65/sq’ before insurance and utilities which add another .20/sq per month.Your number seems low 3x it seems reasonable.
Sent from the future
I owned the unit with no mortgage. The $0.60 was mostly tax and condo fees. I didn’t have a lot of utility bills. That could have changed if there were people there working in winter.Your number seems low 3x it seems reasonable.
Sent from the future
I doubt liability is the reason these thinks don’t work. Waivers and organizing as a member’s club are easy ways to mitigate risk
I suspect it’s simply a biz model that doesn’t work.