We recently renewed our lease to stay in our warehouse for another three years. Over the past six months we seriously considered upgrading to a new facility. We could use more office space. We could use another shipping dock. We could use more space for our products.
But ultimately we weren’t ready to make that huge jump. If we were going to move, we’d probably jump from just over 5,000 sq-ft to around 15,000 sq-ft. At that point everything becomes more expensive – the rent, the heating, the lighting.
Right now the low our warehouse is one of our competitive advantages. We aren’t ready to give that up quite yet. There’s still space to comfortably fit in more products. We don’t plan on adding any full-time employees any time soon, which would force us to add more desks. If we ever do outgrow our place faster than anticipated, our lease includes an out that allows us to upgrade to one of our landlord’s properties at any time, and they own a sizable amount of the commercial real estate in our area.
Plus, our customers never see our warehouse. I’d rather focus on making their entire shopping experience top-notch.
The lease included some small improvements to upgrade our current place, such as some new doors and fixing our second bathroom so it’s usable (we’ve never actually had a second bathroom). Along with previous upgrades to the office and heating system (and our coffee machine!), we’ve improved the place quite a bit. It’s gone from a place I despised – mostly due to the lack of cleanliness and oil heat smell – to a relatively comfortable work environment for us and our employees. It’s more than adequate for us to grow our business to the next level. Now we’re able to take the time spent contemplating relocation and focus on doing just that.