So, you have decided to open a car park.

A street car park section opening does not require high costs and special knowledge. It can hardly be considered a business for the future, but it makes it possible to earn good money. Moreover, sometimes people leave their cars for a long time, going abroad and use car rental services there. For example, in the USA, it may be luxury car rental MD.

What are the differences between a requiring payment car park and parking?

You can often hear how people confound the terms ‘parking’ and ‘car park’. Here are their main differences:
A car park is a part of a building or an open area intended for motor vehicles’ storage.
Parking is a special place for organized parking of cars, which is free or paid (by the decision of the owner of the land). This place is a part of the road or near the road.

Area selection and registration of a land lot

There is no doubt that requiring payment car parks are needed everywhere. In any city, there are ten times more cars than parking spots.

Suitable places to organize a car park:

The central part of the city

It is almost impossible to make in cosmopolitan cities, but in towns, it is quite possible. Most suitable are the places designated for the new urban centers’ development. However, leasing land at this place will be expensive.

Sleepy areas

In small yards, there is absolutely nowhere to put your private or rental car. That is the reason for constant scandals with the neighbors and the mothers of walking children in the courtyard. There are many parking lots in the new districts, but you will see even more cars there.

suburbs and outskirts

The land in these parts of the city will be the cheapest and, of course, you will have demand among the truckers and people, who live nearby.

Lease of municipal and private land

You can choose a land, which could be leased from a private owner or from the city municipality. The first one is often leased by the developer, and here you should not count on a durable agreement. In addition to the contract, only the permission of the administration for the arrangement of parking on private land may be required, but on conditions of a local regulatory document.

For the state-owned land, you will need a preliminary agreement with the land commission about the possibility of providing the selected plot for rent. After that, a tender for the land will be announced. However, be prepared to have competitors.

Site arrangement and equipment

You will need:

Fencing of the parking lot around the perimeter, the arrangement of the gate (barrier).
Installation of cabins and heated trailers for security guards.
Connection to the power grid (other sources of power supply should be available).
Lighting devices (spotlights and lanterns).

You have to think about the communication system and the burglar alarm. CCTV cameras will be useful not only in controlling the area but also in controlling the work of employees. Moreover, in the event of an emergency it will help find the criminals and, in any case, will save you from allegations of inadequate protection of the cars.

Expenditure:

Project order for a car park
Employee salary
Taxes
Site preparation (bitumen impregnation, crushed stone, sand)
Payment for communication services and electricity
Swing room for security, toilet
Fences, gates
Lights + electricity supply
Telephone, furniture
Fire extinguishing equipment
Outsourcing accounting services’ payment
Video equipment.

On the best occasion, the investments will pay off in about 30 months. Remember about it when concluding a land plot lease agreement.

In conclusion, we note that almost every car today is equipped with an alarm. Moreover, any risk is minimized with the help of liability insurance, reliable security, and a properly chosen private security company. People will trust you more when they know that their cars are protected, especially when they rent a car and worry about its safety.

As for leasing, you need to use all possible sources in order to study the prospects in advance. In fact, opening a car park requires only initial investments. It almost does not require costs for current maintenance.