Click here to buy now or call 0845 351 9924
Plan Outline
Self-Storage Business Plan
Westbury Storage, Inc.
This sample business plan can be edited directly in Business Plan Pro software.
Appendix
| Sales Forecast | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Sales | |||||||||||||
| Unit Rentals | 0% | £4,750 | £9,500 | £14,250 | £19,000 | £23,750 | £28,500 | £30,875 | £33,250 | £35,625 | £38,000 | £40,375 | £42,750 |
| Admin Fees | 0% | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| Other | 0% | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| Total Sales | £4,750 | £9,500 | £14,250 | £19,000 | £23,750 | £28,500 | £30,875 | £33,250 | £35,625 | £38,000 | £40,375 | £42,750 | |
| Direct Cost of Sales | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Unit Rentals | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Admin Fees | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Other | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Subtotal Direct Cost of Sales | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Personnel Plan | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Manager | 0% | £2,916 | £2,917 | £2,916 | £2,916 | £2,917 | £2,916 | £2,917 | £2,917 | £2,917 | £2,917 | £2,917 | £2,917 |
| Maintenance Man | 0% | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 |
| Night Guard | 0% | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 |
| Other | 0% | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| Total People | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |
| Total Payroll | £6,916 | £6,917 | £6,916 | £6,916 | £6,917 | £6,916 | £6,917 | £6,917 | £6,917 | £6,917 | £6,917 | £6,917 | |
| General Assumptions | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Plan Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |
| Current Interest Rate | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | |
| Long-term Interest Rate | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | 8.50% | |
| Tax Rate | 30.00% | 38.00% | 38.00% | 38.00% | 38.00% | 38.00% | 38.00% | 38.00% | 38.00% | 38.00% | 38.00% | 38.00% | |
| Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pro Forma Profit and Loss | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Sales | £4,750 | £9,500 | £14,250 | £19,000 | £23,750 | £28,500 | £30,875 | £33,250 | £35,625 | £38,000 | £40,375 | £42,750 | |
| Direct Cost of Sales | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Other | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Total Cost of Sales | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Gross Margin | £4,750 | £9,500 | £14,250 | £19,000 | £23,750 | £28,500 | £30,875 | £33,250 | £35,625 | £38,000 | £40,375 | £42,750 | |
| Gross Margin % | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | |
| Expenses | |||||||||||||
| Payroll | £6,916 | £6,917 | £6,916 | £6,916 | £6,917 | £6,916 | £6,917 | £6,917 | £6,917 | £6,917 | £6,917 | £6,917 | |
| Sales and Marketing and Other Expenses | £4,535 | £4,535 | £4,536 | £4,535 | £4,535 | £4,535 | £4,536 | £4,536 | £4,534 | £4,535 | £4,535 | £4,535 | |
| Depreciation | £1,250 | £1,250 | £1,250 | £1,250 | £1,250 | £1,250 | £1,250 | £1,250 | £1,250 | £1,250 | £1,250 | £1,250 | |
| Rent | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Leased Equipment | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Utilities | £900 | £900 | £900 | £900 | £900 | £900 | £900 | £900 | £900 | £900 | £900 | £900 | |
| Payroll Taxes | 13% | £875 | £875 | £875 | £875 | £875 | £875 | £875 | £875 | £875 | £875 | £875 | £875 |
| Other | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Total Operating Expenses | £14,476 | £14,477 | £14,477 | £14,476 | £14,477 | £14,476 | £14,478 | £14,478 | £14,476 | £14,477 | £14,477 | £14,477 | |
| Profit Before Interest and Taxes | (£9,726) | (£4,977) | (£227) | £4,524 | £9,273 | £14,024 | £16,397 | £18,772 | £21,149 | £23,523 | £25,898 | £28,273 | |
| EBITDA | (£8,476) | (£3,727) | £1,023 | £5,774 | £10,523 | £15,274 | £17,647 | £20,022 | £22,399 | £24,773 | £27,148 | £29,523 | |
| Interest Expense | £4,898 | £4,898 | £4,898 | £4,898 | £4,898 | £4,898 | £4,898 | £4,898 | £4,898 | £4,898 | £4,898 | £4,898 | |
| Taxes Incurred | (£4,387) | (£3,753) | (£1,947) | (£142) | £1,662 | £3,468 | £4,370 | £5,272 | £6,175 | £7,077 | £7,980 | £8,882 | |
| Net Profit | (£10,237) | (£6,123) | (£3,177) | (£232) | £2,712 | £5,658 | £7,129 | £8,602 | £10,076 | £11,547 | £13,020 | £14,492 | |
| Net Profit/Sales | -215.51% | -64.45% | -22.30% | -1.22% | 11.42% | 19.85% | 23.09% | 25.87% | 28.28% | 30.39% | 32.25% | 33.90% | |
| Pro Forma Cash Flow | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Cash Received | |||||||||||||
| Cash from Operations | |||||||||||||
| Cash Sales | £4,750 | £9,500 | £14,250 | £19,000 | £23,750 | £28,500 | £30,875 | £33,250 | £35,625 | £38,000 | £40,375 | £42,750 | |
| Subtotal Cash from Operations | £4,750 | £9,500 | £14,250 | £19,000 | £23,750 | £28,500 | £30,875 | £33,250 | £35,625 | £38,000 | £40,375 | £42,750 | |
| Additional Cash Received | |||||||||||||
| Sales Tax, VAT, HST/GST Received | 0.00% | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| New Current Borrowing | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| New Other Liabilities (interest-free) | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| New Long-term Liabilities | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Sales of Other Current Assets | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Sales of Long-term Assets | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| New Investment Received | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Subtotal Cash Received | £4,750 | £9,500 | £14,250 | £19,000 | £23,750 | £28,500 | £30,875 | £33,250 | £35,625 | £38,000 | £40,375 | £42,750 | |
| Expenditures | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Expenditures from Operations | |||||||||||||
| Cash Spending | £6,916 | £6,917 | £6,916 | £6,916 | £6,917 | £6,916 | £6,917 | £6,917 | £6,917 | £6,917 | £6,917 | £6,917 | |
| Bill Payments | £227 | £6,842 | £7,516 | £9,322 | £11,126 | £12,931 | £14,706 | £15,609 | £16,511 | £17,413 | £18,316 | £19,218 | |
| Subtotal Spent on Operations | £7,143 | £13,759 | £14,432 | £16,238 | £18,043 | £19,847 | £21,623 | £22,526 | £23,428 | £24,330 | £25,233 | £26,135 | |
| Additional Cash Spent | |||||||||||||
| Sales Tax, VAT, HST/GST Paid Out | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Principal Repayment of Current Borrowing | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Other Liabilities Principal Repayment | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Long-term Liabilities Principal Repayment | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Purchase Other Current Assets | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Purchase Long-term Assets | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Dividends | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Subtotal Cash Spent | £7,143 | £13,759 | £14,432 | £16,238 | £18,043 | £19,847 | £21,623 | £22,526 | £23,428 | £24,330 | £25,233 | £26,135 | |
| Net Cash Flow | (£2,393) | (£4,259) | (£182) | £2,762 | £5,707 | £8,653 | £9,252 | £10,724 | £12,197 | £13,670 | £15,142 | £16,615 | |
| Cash Balance | £15,607 | £11,348 | £11,166 | £13,928 | £19,635 | £28,289 | £37,541 | £48,265 | £60,462 | £74,132 | £89,275 | £105,890 | |
| Pro Forma Balance Sheet | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Assets | Starting Balances | ||||||||||||
| Current Assets | |||||||||||||
| Cash | £18,000 | £15,607 | £11,348 | £11,166 | £13,928 | £19,635 | £28,289 | £37,541 | £48,265 | £60,462 | £74,132 | £89,275 | £105,890 |
| Other Current Assets | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| Total Current Assets | £18,000 | £15,607 | £11,348 | £11,166 | £13,928 | £19,635 | £28,289 | £37,541 | £48,265 | £60,462 | £74,132 | £89,275 | £105,890 |
| Long-term Assets | |||||||||||||
| Long-term Assets | £986,748 | £986,748 | £986,748 | £986,748 | £986,748 | £986,748 | £986,748 | £986,748 | £986,748 | £986,748 | £986,748 | £986,748 | £986,748 |
| Accumulated Depreciation | £0 | £1,250 | £2,500 | £3,750 | £5,000 | £6,250 | £7,500 | £8,750 | £10,000 | £11,250 | £12,500 | £13,750 | £15,000 |
| Total Long-term Assets | £986,748 | £985,498 | £984,248 | £982,998 | £981,748 | £980,498 | £979,248 | £977,998 | £976,748 | £975,498 | £974,248 | £972,998 | £971,748 |
| Total Assets | £1,004,748 | £1,001,105 | £995,596 | £994,164 | £995,676 | £1,000,133 | £1,007,537 | £1,015,539 | £1,025,013 | £1,035,960 | £1,048,380 | £1,062,273 | £1,077,638 |
| Liabilities and Capital | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Current Liabilities | |||||||||||||
| Accounts Payable | £0 | £6,593 | £7,207 | £8,953 | £10,697 | £12,442 | £14,187 | £15,059 | £15,932 | £16,803 | £17,676 | £18,548 | £19,421 |
| Current Borrowing | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| Other Current Liabilities | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| Subtotal Current Liabilities | £0 | £6,593 | £7,207 | £8,953 | £10,697 | £12,442 | £14,187 | £15,059 | £15,932 | £16,803 | £17,676 | £18,548 | £19,421 |
| Long-term Liabilities | £691,487 | £691,487 | £691,487 | £691,487 | £691,487 | £691,487 | £691,487 | £691,487 | £691,487 | £691,487 | £691,487 | £691,487 | £691,487 |
| Total Liabilities | £691,487 | £698,080 | £698,694 | £700,440 | £702,184 | £703,929 | £705,674 | £706,546 | £707,419 | £708,290 | £709,163 | £710,035 | £710,908 |
| Paid-in Capital | £363,000 | £363,000 | £363,000 | £363,000 | £363,000 | £363,000 | £363,000 | £363,000 | £363,000 | £363,000 | £363,000 | £363,000 | £363,000 |
| Retained Earnings | (£49,739) | (£49,739) | (£49,739) | (£49,739) | (£49,739) | (£49,739) | (£49,739) | (£49,739) | (£49,739) | (£49,739) | (£49,739) | (£49,739) | (£49,739) |
| Earnings | £0 | (£10,237) | (£16,359) | (£19,537) | (£19,769) | (£17,056) | (£11,398) | (£4,269) | £4,333 | £14,409 | £25,956 | £38,976 | £53,469 |
| Total Capital | £313,261 | £303,024 | £296,902 | £293,724 | £293,492 | £296,205 | £301,863 | £308,992 | £317,594 | £327,670 | £339,217 | £352,237 | £366,730 |
| Total Liabilities and Capital | £1,004,748 | £1,001,105 | £995,596 | £994,164 | £995,676 | £1,000,133 | £1,007,537 | £1,015,539 | £1,025,013 | £1,035,960 | £1,048,380 | £1,062,273 | £1,077,638 |
| Net Worth | £313,261 | £303,024 | £296,902 | £293,724 | £293,492 | £296,205 | £301,863 | £308,992 | £317,594 | £327,670 | £339,217 | £352,237 | £366,730 |