Installing an asphalt pavement for your Haines City parking lot paving is no cheap investment.
In fact, it could be the single most expensive investment you’ll ever make for your property, even more expensive than putting up solar panels on your roof. Your bill can run in the thousands of dollars category and what do you have to show for it? Just a piece of pavement with cars on them. Not even your cars! Your customers’ cars!
As much as you want to provide the best service to your customers, the truth is, we should be earning from every square foot of our property.
That’s what a good businessman would do. He would try to earn from every inch of his property and maximize the investment that he has made.
Here are some ideas on how you can make a profit from your parking lot pavement:
Turn it into a concert ground
We see it all the time—parking lots being converted into a concert ground. Sometimes, you’ll drive to the mall and wonder why a certain portion of the parking lot is closed. You’ll then find out it has been turned into a concert area for local bands.
If you own a pretty large space, why don’t you turn it into a mini-concert ground, too, that music producers can rent? You can even host your own music festival and invite local bands to perform there and entertain your customers.
Most of these bands are looking for opportunities to show their talent to the community. It’s a win-win situation because more customers would love to visit your location and you’ll be able to help the community.
Rent it out for special events
Sure, there’s no shortage of event places in and around Florida, but a new one is always a welcome treat. It gives people more options.
If they want an outdoor and industrial setting for their events, they can choose your parking lot. By simply putting up tents with drapes, your parking lot can turn into an elegant and rustic setting for a wedding.
Build a food park on it
But if you really want to be smart about every inch of space in your property, you can consider inviting food concessionaires. Build a food park right in your parking space.
It will not only attract people to go and check out what’s in your store, but you would also earn from the booths renting space on your parking lot. It’s both a marketing strategy and a business opportunity.