Lockers Business Success Stories [2024]
The convenience of secure storage is a necessity in our ever-busy lives. Starting a locker rental business allows you to provide storage solutions for people needing a safe place to stow their belongings temporarily.
From gym-goers and tourists to students and urban dwellers, a diverse clientele will benefit from easily accessible and secure lockers. Your business model could include daily, weekly, or even hourly rentals at strategic locations such as transit hubs, shopping centers, schools, and events.
Setting up this business involves procuring sturdy, tamper-proof lockers and tech-based solutions for booking and accessing them. Regular maintenance and security checks are essential to ensure user trust and satisfaction.
For those looking to start a practical, facility-driven venture, a locker business offers a blend of steady demand and relatively low upkeep. It’s about meeting a simple yet persistent need in the market, making it a solid entrepreneurial move.
In this list, you'll find real-world lockers business success stories and very profitable examples of starting a lockers business that makes money.
1. LuggageHero ($1.2M/year)
Jannik Lawaetz, the CEO and Co-Founder of LuggageHero, came up with the idea for his business after experiencing the inconvenience of dragging his luggage around while traveling. His lightbulb moment came when he was stranded outside an Airbnb apartment with his luggage and had to convince a local shop owner to store his bags. Since then, LuggageHero has grown to over 40 locations in major cities across Europe and North America, offering travelers a convenient network of short-term luggage storage options.
How much money it makes: $1.2M/year
How much did it cost to start: $10K
How many people on the team: 12
LuggageHero CEO Jannik Lawaetz founded a network of short-term luggage storage options with +40 locations across the world and raised $2.25 million in funding in 2019, with aims to expand to +1800 locations using a POI algorithm, offering customers value and building a reliable team.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.