A BILLIONAIRE wants to invest in me

PLUS - 4 Reservations and Storage Giant Opening store numero 6!

Author

dean booty
February 03, 2023

Howdy, Good evening!! .... Sorry this email is a little late ... Friday is Under 7 football coaching for me.

From Monday I will be emailing before 8am ... We will be the self storage caffine to kick start your day!

Here's what were covering today:-

. Industry News .... Some Awesome UK Self Storage News for you!

. My Sites ... Im show you my sites one by one ... Today Clough Rd

. Yesterday's Figures ... How did we do?!

  • Thought of the day ... A BILLIONAIRE wants to invest in Store More ... Im as shocked as you :-/

  • My fitness journey - Move More .... Live Longer

Industry News -

Clough Rd - My Third Site

  • Opened Early 2022

  • Indoor - 10,000 sq ft Building (20k including Mezz)

  • Outdoor - 10 containers in the car park ... More coming but need to play nice with the planning

  • Extras - Janus Nokey Technology

  • Cost - £405k

  • Last Months revenue = £32,900 (inc Vat)

  • Rent = £90k per annum

  • Rates = £20k per annum

  • Manless site

  • SQ FT Occupancy = 57%

  • storemore.co.uk

  • Profit = If we take the last quarter profits, it means we are netting £42k per annum .... This will continue to increase as the site is new. Obviously have loans to pay with that money

  • Take Away ... Im really proud about this site .... I first started talking to the agent about this piece of land 6 years ago. They were only wanting to build for a national company ... I didnt accept no and kept in contact and finally during CVID we did the deal

The fun bit - My business .... Bare Butt Naked!

Willerby Figures .... The BIG one -

  • 3 reservations baby!! Thats more like it

  • 0 Move ins

  • 0 Move Out

  • Quiet day for move ins and outs ... BUT good to see the reservations starting to come

Reservations so far this week - 7

Move ins so far this week - 5

Clough Rd Figures .... The New One

  • 1 Reservations at Clough!

  • 1 Move out and no move ins

  • 100 Net sq ft up today so were levels your devils for the month

Reservations so far this week - 5

Move ins so far this week - 1

Beverley's Figures (Outdoor) .... My Baby!

  • What can I say?? Nothing happening at Bev

  • Loads of quotes but we arent converting at the minute!!

  • No in, No out

Reservations so far this week - 0

Move ins so far this week - 1

Thought of the Day -

A Billionaire wants to invest in my company ... I know sounds nuts doesnt it!

  • I have a meeting at the Feb with a billionaire at his home

  • He sees massive growth in the Uk storage market

  • I dont yet know the ins and outs of the deal ... what he wants or what he expects

  • It means that the Store More brand would expand quickly across the UK

  • I would get to my 9 figure exit a lot quicker

  • BUT ... It would mean i probably wouldnt be able to have the work life balance i currently have, or at least for the next few years

  • BUTTT ... It would mean mean I could take some chips off the table and secure my families future

  • I honestly dont know if its right for me or not ... But certainly worth a chat for experience if nothing else ... Ive never meet a billionaire before :-)

Health and Fitness ... Move more = Live Longer -

Weekly goal -

  • Gym - 4 times

  • Run - 40 K

Tally up until Thursday evening -

  • Gym - twice

  • Run - 27k

Yesterdays Steps - 24,931

Told you id get back on track ... 12k run and a walk did the job and gave me chance to catch up on podcasts and books

Thats it until till friend .... One favour to ask ....

.... What do you absolutely bloody love about this email ?? What do you really dislike ? … Hit reply and tell me!

I want to make it the best newsletter in the self storage industry and I can only do it with your help :-)

Loads of Mr Self Storage Man Love :-)

Mr SS

PS .... Tell your friends, tell your parents, tell your lover, tell everyone and everyone who will listen to you ;-) ... Heres the link to sign up - www.mrselfstorage.com