Store Mores Quarterly Results

Plus:A Landslide On To A Container Site

Good Morning Store Nation,

Today we are talking Quarterly Figures for my 5 sites …. I honestly LOVEEED going through the data

Some awesome takeaways!

Righhhttt on to the figures ….

Self Storage Secrets Course Waiting List

Self Storage Secrets Course 

We’re adding 3 more modules to the next launch …

  • PPC Training - How to run and manage your own PPC (Laura Mox)

  • Financial Literacy - How to do cash flows, monthly management accounts etc (Dan Bradbury)

  • Remote Sites - How to run a remote site (Gavin Shields and Meee)

Join the waiting list below and be the first to get access on our next launch

Yesterdays Stats …

  • 6 Reservations

  • 3 Move Ins

  • 1 Move Outs

Lets … Do … This …

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

🤐 A Self Storage Tip - “Quarterly Figures

🤝 3 Self Storage News Stories

🧐 Yesterday’s figures for each facility

🥸 1 Meme of the day

Self Storage Tip 💡 💰

Quarterly Figures  

I LOVVEEE looking at the Quarterly Figures  

It’s a great chance to reset and evaluate what’s working and what needs looking at

Here’s the quarterly figures for my 5 sites and the comparisons or the previous quarters 

 

WREXHAM

What did we learn 

- Quotes are improving all the time, highest quotes in a quarter  

- Highest Sq Ft in and Out  

- 1,285 Sq Ft up 

- Revenue … Over £4k up on the previous quarter and over £25k up on the same quarter last  year  

- Best Q1 Revenue EVER  🥳

 

CLOUGH RD

What did we learn 

- Quotes are up from the same quarter as last year  

- 97 Reservations is nearly 25% higher than the same quarter last year  

- Very similar Move in and move outs to  

- Revenue up over £25k from Q1 2023 and the previous quarter  

- Best Q1 Revenue EVER  🥳

 

MANSFIELD

- Not a lot to compare, to be honest here  

 

BEVERLEY

Because Beverley is a smaller site and over 10 years old we track the data a little differently 

Unless something major happens I dont need to analyse much more 

What I learnt 

- Revenue management is on point! 

- Were over £10k up from Q1 2023 ….  

- Over 25% Revenue increase from Q1 2023  

- That is mental for a small mature  

- It was also so close to been the best quarter ever … £13 off 😮

- Best Q1 Revenue EVER  🥳

 

WILLERBY 

Some Pros and Cons here 

- Quotes up massively from Q1 2023  

- Reservations down from Q1 2023  

- Move ins roughly the same as Q1 2023  

- Sq Ft In just about the same as Q1 2023  

- Churn rate HUGELY DOWN! … Thats one of the big reasons for a successful quarter  - 5,000 sq ft swing from the results in Q1 2023  

- Over £13k revenue increase from Q1 2023  

- Best Q1 Revenue EVER 🥳

Q1 2024 BIG TAKE AWAY! 

REVENUE!  

The biggest and most important KPI of them all   

Q1 2023 Revenue (not including Mansfield) - £325k  

Q1 2024 Revenue (not including Mansfield) - £401k 

That’s a £76k increase in revenue between Q1 2023 and Q1 2024  

A MASSIVE 23% increase! 

Industry News 🧐

  • Huddersfield - Landslide on to a container site 🫣

  • Safestore a good share to buy?

  • I lost everything I owned in a storage unit fire where I stored my possessions after a break-up - I grieved even though no one had died

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

Willerby (Hull) … My Big Site
  • 2 Reservations

  • 2 Move Ins

  • 1 Move Outs

Month to Date -

  • MINUS 60 Sq Ft

Reservations so far this week = 2

Move Ins so far this week = 2

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

  • 0 Move Ins

  • 0 Move outs

Month to Date -

  • PLUS 320 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 0

Beverley … My Baby (First Site)
  • 0 Reservation

  • 0 Move Ins

  • 0 Move Outs

Month to Date -

  • PLUS 45 Sq Ft

Reservations so far this week = 0

Move Ins so far this week = 0

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

  • 1 Move Ins

  • 0 Move Outs

Month to Date -

  • PLUS 60 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

Mansfield Figures … My New Site
  • 2 Reservation

  • 0 Move Ins

  • 0 Move Outs

Month to Date -

  • MINUS 115 Sq Ft for the month

Reservations so far this week = 2

Move Ins so far this week = 0

TOTALS -

Reservations so far this week = 6

Move Ins so far this week = 3

Meme / GIF of the day - 👀 😂 

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

Weekly goals -

  • Gym - 4 times

  • Run - 20 miles

  • Boxing - 0

Results so far -

  • Gym - 0

  • Run - 0 Miles

  • Boxing - 0

Yesterday’s Steps - 7,121

Loads of self storage love,

Dean ❤️ 🙃 

What did you think to todays email???

Login or Subscribe to participate in polls.