My Container Site Makes How Much 😳

GM Store Nation,

Quieter day at Store More HQ … Only 5 reservations

Yesterdays Stats …

WILLERBY:

BEVERLEY:

CLOUGH ROAD: 

WREXHAM: 

MANSFIELD: 

• 5 Reservations

• 5 Move Ins

• 2 Move Outs

Lets … Do … This …

Here's what coming your way today :-)  😎 🎯

🤐 A Self Storage Tip - “How Good Container Sites Can Be!! 🤑”

🤝 3 Self Storage News Stories

🧐 Yesterday’s figures for each facility

🥸 1 Meme of the day

Self Storage Tip - 💡 💰 🤑

I want to highlight just how good container sites can be!! 🤑

And … Prove you don’t need a massive site to make good money! 

Let’s take Beverley (our outdoor site) as an example - 

Beverley has - 

7,415 Sq Ft of lettable space … A very small site

6,685 Sq Ft is lettable 

We are currently at 90% Occupancy

I know what you thinking … 

“Dean, there’s no way with less than 7,000 Sq Ft occupied you can be making decent money” 

WRONG ❌

We are currently taking £16,709 Per Month 

That’s a touch over £200,000 per annum  

That’s £29.91 per Sq Ft … That’s NUTS for an outdoor site 🤯

Let’s look at the expenses for Beverley - 

Rent - £18,000 

Rates - £6,000 

Electric, Insurance, etc etc - £10,000 (Max)

Total - £34,000

PROFIT - £166,000 

£24.83 Profit Per Sq Ft Occupied (currently) 

Please note I haven’t allowed for any wages as it’s a manless site and takes around 2 hours to run per week

A lot of people look down on outdoor sites and urge you to think again. There’s a lot of money to be made from a good outdoor site! 💰

In tomorrow’s newsletter, I’m going to highlight the biggest CON to an outdoor site and what I do to protect myself

Industry News -  🧐

• Down With Self-Storage Delinquency! Practical Strategies to Minimize Bad Debt and Manage Collections

• Self Storage Stabilizes, Owners and Operators Express Optimism to Start 2024

• Clearlake Capital Exits Investment in Self-Storage Supplier Janus International

The fun bit - My business .... Bare Butt Naked! 😲 🤫 🤭

Willerby (Hull) My big site -

• 1 Reservations

• 1 Move Ins

• 2 Move Outs

Month to Date -

• PLUS 265 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

Clough Rd Figures .... The Automated Site

• 1 Reservations

• 2 Move Ins

• 0 Move outs

Month to Date -

• PLUS 855 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 2

Beverley … My Baby (First site)

• 0 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• PLUS 260 Sq Ft for the month

Reservations so far this week = 0

Move Ins so far this week = 0

Wrexham's Figures (Indoor) ... My First Acquisition

• 1 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• PLUS 35 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 0

Mansfield Figures - My New Site

• 2 Reservation

• 2 Move Ins

• 0 Move Outs

Month to Date -

• PLUS 2315 …. WHOOOPPPPPP!

Reservations so far this week = 2

Move Ins so far this week = 2

Meme / GIF of the day - 👀 😂 

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

Weekly goals -

• Gym - 3 times

• Run - 30 k

• Boxing - 0

Results so far -

• Gym - 0

• Run - 3.5k

• Boxing - 0

Yesterday’s Steps - 15,307

Loads of self storage love,

Dean ❤️ 🙃