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ASSET MANAGEMENT
CONVERT TO PAID PARKING
Design, develop and implement paid parking programs that will generate a new revenue stream from existing ancillary assets.
IMPROVE PARKING OPERATIONS
Assess current operations; recommend and implement value enhancing operations improvements.
SUSTAIN IMPROVEMENTS
Rigorous evaluation of implemented improvements and thorough review of financial statements.
Learn more about us |
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| INCREASING PROFITS FROM VALUABLE ANCILLARY ASSETS |
Parking has for years been an overlooked and under appreciated asset. This is especially true if the parking assets serve an ancillary purpose to the owners\' core business, as it does in healthcare, retail and office settings. While parking should never, in such instances, be the "tail that wags the proverbial dog", it should be viewed like all other assets - one that must generate a reasonable rate of return to the owner.
Our mission is to advise owners how best to generate a real rate of return from their parking assets. Collectively, we have over 20 years of experience in the parking industry, from marketing to operational to legal. We have advised owners how to convert their free parking to paid parking, how to maximize the efficiency of their existing parking and how to sustain the efficiencies created over the long term.
Careful attention to detail generates successful outcomes. We use market studies to gauge the surrounding competitive landscape, demand analysis to determine the required supply of spaces, and detailed revenue and expense models to garner real world results. At the end of the day, the owner is looking for hands on, detail oriented advice that will produce practical results. Parking Advisors relies on all of the latest industry information and its experience to guarantee that Owners increase the profits generated by their often overlooked, but valuable, ancillary parking assets. |
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