Beverley - Year on Year Growth 😱

Plus: John McGlynn Strikes Again 💪

 

Want to grow your self storage business?

Stora is the answer ☺️

Eliminate the busy-work of dealing with bookings, payments and troublesome tenants. Smart self storage operators use Stora, the modern management software that automates admin so that you can focus on what matters.

Learn more and get 50% off for 3 months ONLY with my link.

Goood Day Store Fam..A..Lam

What a January we are having …. Over 1,500 sq ft up!

I can’t remember another Jan like this ….

I actually thought it was because we are so good at what we do ….

BUT …. NOPE ….

I’ve also spoke to other operators and they’re seeing the same thing

Sooooo im not as special as I thought haha 🥹

Today in the tip section we’re looking at the year on year growth of Beverley ….

I can’t tell you how much I loved putting this together … Take a look 👀 Pleaassseee 😂

Right Letsssss gooooooo

Here’s today’s newsletter

  • 5 Reservations

  • 11 Move Ins

  • 7 Move Outs

Lets … Do … This ….

Here's what's coming your way today 😎🎯

🤐 A Self Storage Tip - “Beverley Yearly Revenues“

🤝 3 Self Storage News Stories

🧐 Yesterday’s Figures For Each Facility

🥸 1 Meme of the Day

Self Storage Tip 💡 💰

Yesterday we looked at Willerby’s revenue for the last 5 years, today is the turn of Beverley 

So a couple of things to note before we dive into the analysis 

Beverley was my first site …. So I really did learn on the job … making tons of mistakes haha 

Beverley is a very small site, under 10,000 sq ft of lettable space 

(All ex vat)

 

Key things to note - 

  • Similar to Willerby, we have seen a big % increase in revenue in the last 5 years
     

  • Between 2020 and 2025, we have seen a 64% increase. There’s no associated costs with this increase, so this rev increase has gone straight to the bottom. 
     

  • The fact that this is a mature site makes this increase all the more impressive 
     

  • Between 2024 and 2025, we increased revenue by £29,004 
     

  • That’s a 15% increase in revenue. That’s just incredible. I am super proud of this number.
     

  • When you look at the rent  and rates for the site being a combined £24,000 this site is super profitable … Just highlighting you don’t need a massive site to make good money in self storage  

Full disclosure, we did do a small 1,200 sq ft expansion (toppers) towards the end of 2025, but that hasn’t really affected revenue just yet … We should see an increase in revenue in 2026 with these toppers   

Lastly, I like to look at December's revenue to give you an idea of what to expect the following year 

December’s 2025 revenue was - £19,247 

Times by 12 (months in the year) - £230,964

 

So even if we just hit December's figures every month through 2026, then we can expect around a £9,000 revenue increase in 2026. This is a 4% increase 

BUT … Obviously, this is based on December's figures …. We will comfortable beat December's revenue figure in the vast majority of months in 2026 

Tomorrow we will look at Clough Rd in Hull 

Industry News 🧐 

  • Scottish Capital Announces £25 million investment in LOCKUP (John McGlynn)

  • Condition and Value: The Financial Impact of Property Improvements in the Self-Storage Industry

  • Customers Crave Connection! Why In-Person Service Still Matters in Self-Storage and How to Excel in Providing It

The Fun Bit - My Business .... Bare Butt Naked! 😲🤫🤭

Yesterday’s Results -

Willerby (Hull) … My Big Site
  • 2 Reservations

  • 5 Move Ins

  • 1 Move Outs

Month to Date -

  • PLUS 120 Sq Ft

Reservations so far this week = 3

Move Ins so far this week = 8

Clough Rd Figures ... The Automated Site
  • 1 Reservations

  • 1 Move Ins

  • 4 Move outs

Month to Date -

  • PLUS 80 Sq Ft

Reservations so far this week = 4

Move Ins so far this week = 4

Beverley … My Baby (First Site)
  • 0 Reservation

  • 2 Move Ins

  • 1 Move Outs

Month to Date -

  • PLUS 170 Sq Ft

Reservations so far this week = 0

Move Ins so far this week = 2

Wrexham's Figures (Indoor) ... My First Acquisition
  • 0 Reservation

  • 0 Move Ins

  • 0 Move Outs

Month to Date -

  • MINUS 560 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

Mansfield Figures
  • 2 Reservation

  • 3 Move Ins

  • 1 Move Outs

Month to Date -

  • PLUS 1,300 Sq Ft

Reservations so far this week = 3

Move Ins so far this week = 5

Glasgow
  • 0 Reservation

  • 0 Move Ins

  • 0 Move Outs

Month to Date -

  • PLUS 640 Sq Ft

Reservations so far this week = 2

Move Ins so far this week = 2

TOTALS -

Reservations so far this week = 13

Move Ins so far this week = 22

Meme / GIF of the day -  👀😂

Health and Fitness ... Move More = Live Longer - 🏋️‍♀️ 🏃

Weekly goals -

  • Gym - 3 times

  • Run - 25miles

Results so far -

  • Gym - 0

  • Run - 14.5 Miles

Yesterday’s Steps - 19,465

Loads of self storage love,

Dean ❤️ 🙃

What did you think to todays email???

Login or Subscribe to participate in polls.