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How Much I Make as a U-Haul Neighborhood Dealer | Make Money with Side Hustles
Hey there! It's a warm day here in Nebraska, but I’ve got something cool to share with you: how I’m making money as a U-Haul Neighborhood Dealer. If you own a small business or have some extra space, this side hustle might be perfect for you.
My U-Haul Side Hustle Experience
First off, if you're in Lincoln, drop by and see us on Cornhusker Highway. We have a spacious parking lot that’s perfect for easy U-Haul drop-offs and pick-ups. No stress about tight spots here!
Now, let’s talk numbers. I earn about 30% on whatever I rent out, but there are some caveats. If another dealer books it or sends it to me, they get a cut too. So far, I haven’t made a ton, but it's growing. In my first three weeks, I just had a couple of vehicles—a trailer or a truck. But as more people find out about our location, we’re seeing more demand.
Here’s a breakdown of what I’ve made so far:
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First Three Weeks Earnings: Between $15 and $100 per week. Not a lot yet, but it's picking up.
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Potential Growth: I don’t even have any boxes for sale in the lobby yet. Just imagine the potential!
This is a fun, low-effort side hustle that brings in some extra cash. If you have a small business, consider partnering with U-Haul. I’m looking into setting up an affiliate link to make it easy for you to get started.
If you're curious about how things progressed after two months, check out my update video: Uhaul income after 2 months | how much money I make.
Future Plans and Expansion
I also have plans to expand into RV and boat storage because our parking lot is massive. I’ll share more on that soon. For now, know that there's a lot of potential to grow this side hustle.
Another exciting thing is renting out parking spots through another app, which brings in $600-$800 a month. Tomorrow, I'll share how I manage that. For more details on making money with your parking lot, watch this video: 5 ways to make money with your parking lot | make money with side hustles.
Tips for Starting Your U-Haul Side Hustle
If you’re considering this side hustle, here are some tips to get started:
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Location Matters: Make sure you have a spacious and accessible parking area. High-traffic areas tend to yield better results (iHauling).
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Start Small: Begin with a few vehicles and see how the demand grows.
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Customer Service: Be ready to assist with drop-offs and pick-ups. Make it as stress-free as possible for your customers (Small Business - Chron.com).
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Network: Connect with other dealers to understand how they maximize their earnings.
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Diversify: Consider adding services like selling boxes or offering RV and boat storage.
Facts and Figures to Boost Your Knowledge
To give you a broader perspective, here are some additional insights into the U-Haul dealership program:
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Income Potential: According to Glassdoor, the average profit a U-Haul dealer can make is approximately $75,536 a year. This figure highlights the potential for significant income if you manage the dealership efficiently (Vetted Biz).
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Commission Structure: U-Haul offers various commission percentages depending on the service. For example, dealers earn 25% on one-way trailer rentals and 35% on in-town trailer rentals (iHauling).
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No Initial Investment: One of the major benefits of becoming a U-Haul dealer is that there are no franchise fees or initial capital investments required. The main costs involve a dedicated phone line and internet access (Small Business - Chron.com).
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Support and Training: U-Haul provides comprehensive support, including training programs, operational guidance, and marketing assistance to help dealers succeed (iHauling).
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High-Traffic Locations: Dealers in high-traffic areas tend to see better results due to higher visibility and convenience for customers (iHauling).
Diverse Services Offered by U-Haul Dealers
As a U-Haul dealer, you can offer a variety of services, which can help diversify your income:
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Truck Rentals: Provide customers with trucks of various sizes for moving.
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Trailer Rentals: Offer trailers for transporting goods without the need for a full truck rental.
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Moving Supplies and U-Box Services: Sell moving supplies like boxes and furniture covers, and offer U-Box services for storage solutions (iHauling).
Conclusion
For a deeper dive into our journey and the extensive renovations of The Ugly Motel, watch our video: The Ugly Motel is Now Open after years of renovations and remodeling!. If you're interested in other side hustles, check out this video: Buying my first vending machine in Lincoln Nebraska for my ugly motel.