Should a shipping container cost be merely considered a cost/expense or can it be also considered an investment? When looking at shipping containers, it is usually associated with mere storage, but creative minds have transformed this into a money-making space as will be demonstrated below. But how much are containers? This will depend on its size and usage.
Brand new containers can range from £4,000$ to £8,000 while second hand containers can go as low as £1,500. Shipping containers come in different sizes – 10ft., 20 ft., 40 ft., among others; just choose a size that will answer your needs.
For business purposes, especially those who are starting, it is recommended that they look for Second hand containers. Good conditioned used containers can be found on the internet. This may prove to be a more sound decision as it might highly cut your costs.
A background check, however, should be done in order to assure its condition. One would not want to spend more on renovation than its original purchase if it could have been prevented in the first place. In some cases, paint jobs can make containers seemingly look in good condition but are actually not- caution must be taken. Also, one should consider insulation if this is to be made as a work space.
Innovative individuals have reused shipping containers as sites for their businesses and have even made intricate designs out of them. Examples of which are turning these containers into bars, coffee places, museums, houses, hotels, artwork, schools, play centers and even a bank branch! If one converts a container into a comfortable dwelling, one can lease it out and gain passive income for months to come; and who says you’ll only settle with one? Imagine if you have several of these (As long as it is lucrative)? If one needs a tutorial center in the neighborhood, this can be transformed into such.
However, before considering making a business out of it, one must make sure that there is space for containers and that the locality permits its placement. In some localities there are policies called planning permission that restrict or inhibits these shipping containers; there would be no point in considering this a business opportunity if policies do not allow for it to happen.
Some suppliers of shipping containers also are able to deliver these shipping containers to one’s exact address but one has to make sure that delivery of this item is possible in the said area.
And so if one has any idle shipping containers that are waiting to be disposed or are non-performing, one might consider renovating it. Again it does not need to be brand new, if one sees a business opportunity then why not grab one? There is always risk, but if it is not taken, it will never happen.
If there is a business minded individual out there who has the patience and dedication for transforming a shipping container into something artistic and lucrative, then container cost can be seen as an investment opportunity
