Can a Container Site Make £500,000 a year??!

Good Morning, Store Nation,

Thanks for the awesome feedback for yesterdays newsletter … 

Il try and do one of these types of emails each week 

(But perhaps not say the location … I had people email me saying they were gonna steal it haha) 

Ok ….

Can a Container Site Make £500,000 a year??!

Lets take a look at my new site in South Shields to Find out 

And is my good pal Dave Davies right when he says its a… 

“Noooo fucking brainer MATTEEE”!!

Lets do ittt …

Capital Expenses - 

Please bare in mind …. We are going for a very premium finish. 

You could easily do this a heck of a lot cheaper … 

• IE Groundswork, 

We didnt like the gradient so we paid around an extra £40k to sort this out 

• IE Signs,

We saw this as an investment given the position so we have gone for neon signs that grab attention 

• IE CCTV and Lights 

Again premium finish … Ewan and The Storage Bros (coaches inside the program) will be having a fit when they see this costing 😣 

**So bare than it mind when you see my negative cashflow 😂

Units (Full Site) - 

Asset Finance Container Costs (we finance the containers)

Other Monthly Costs -

Again im going extreme here … 

Il be AMAZED if the business rates are £42k a year! 

This is way more than we expect to spend but for the purpose of cashflow I would rather do worsecase scenario  

**So bare than it mind when you see my negative cashflow 

15 Months Of Negative Cashflow

Months 1 - 6 (couldnt fit in one pic)

Months 7 - 13 

Months 13 onwards are cashflow positive 🎉

So to get open and get through the period of negative cashflow it will cost £179k

Sounds a lot … But wait until you see the returns people 

(Dont forget … Its one of the biggest container sites in the UK as well … Ha I dont know if thats true but sounds awesome to say 😂)

*** HOWEVER … One last time for the people who didnt hear me at the back 😂 - 

This is based on worst case for - 

• Fill up

• Capital Expense 

• Monthly Costs   

The true costs of funds needed will be much much less!

This cashflow module includes everything …. Cap Ex, finance for the containers ect 

Now for the sexy side … The money!! 

Revenue and Costs -

Profit and ROI (Years 1 -6)

The first year you can see we lose money … Thats normal in self storage 

Then there is a hockey stick growth in profitability and ROI 

So to answer the question at the start …. 

Can a container site make £500k per year?? … 

Answer - Hell Yeah!! Our projections say we will do it in Y6 butttt we will beat that 

I always say self storage will never get you rich quick … but will ALWAYS get you wealthy longterm

I get it … Not everyone can open a site this big and you dont need to to make bloody awesome money with self storage  

We have 5 - 10 years to make hay before the industry gets over-saturated … Dont miss out!!  

Want me and my team to help you open a site? 

(Then I get to fund more of my sites 🙂lol im been serious ha)

https://www.mrselfstorage.com/self-storage-investing-academy

Then book in a call to see if were all a right fit to work together 👏

Ohhhh and please let me know if you like this style of newsletter … Or if you dont haha

Loads of self storage love,

Dean ❤️ 🙃