Store and Park GmbH Die Platzlösung
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Store and Park
GmbH
Die Platzlösung
1
ABOUT US
Peter Barbas – Experienced international businessman
with strong background in property investment
Storeandpark GmbH was founded in 2017, owned and managed
by Peter Barbas, based in Rosbach, Hessen. The first self storage
facility was opened in October 2017, starting with 22 storage
containers and has expanded to over 60 containers with 75%
occupancy in less than 12 months. Operations are run by Peter,
while Kelly Barbas handles the finance, and administration parts
of the business. Both Peter and Kelly have successfully run their
own businesses in the past, and during their travels have used self
storage themselves on various occasions.
Peter and Kelly Barbas
2
THE PROBLEMS
More money = less space
§ Property is getting more and more expensive
§ Residential properties are getting smaller, new builds often don’t have
cellars, attics or garages
§ Commercial properties are expensive and only available with a long term
contract
§ People are buying more and more stuff, while at the same time keeping their
old stuff as there is no string second hand market in Germany
3
Unique
Marketing
4
THE SOLUTION
§ What people need is small, accessible storage areas that are flexible,
easy to access and close to where they live or work
§ We offer TUV approved storage containers, built in Germany, in various
sizes, 4qm, 6qm, 8qm and 12qm
§ Our facilities are located in industrial areas that offer 24h access via PIN
code, video cameras for security and the ability to drive and unload
directly in to your storage unit
§ Flexibility is easy, our minimum rental period is only 14 days,
cancellation at any time by giving 14 days notice and the ability to move
to a smaller or bigger space at any time
5
Flexible sizes
4,6,8 and 12 qm per container
8,12,16 and 24 cubic meters
Fast development
SCALABILITY We can set up 100 storage containers on a site anywhere in Europe
and be ready to rent them out in 8 weeks
Easy, secure, TUV approved self storage Personal or business use
65% of our customers are businesses that use us for warehouse facilities
containers 35% are personal users for household storage
Regulation advantages
Self storage rental is not regulated by “mietbremse”, pricing can be
varied based on market, eviction is very easy for bad customers
6
Why is Storeandpark a
good business?
An online business that is NOT staff intensive
and easy to scale
§ We do not require full time staff at any locations as we
meet customers by appointment, and once they are in the
system they have 24h access to the site
§ All bills, invoices and rental agreements are distributed by
email
§ Customers get access to our customer portal where they
can get statements, message us and change payment
details
§ We accept most payment types
7
BUSINESS FACTS
A great cash flow investment
8
BUSINESS MODEL
To establish up to 15 smaller (800qm – 1200qm self storage locations close to A
and B cities, being within 15-20 minutes drive from the city center
1 2 3
Property Size Storage at site Security
Our ideal property is in an industrial We research and customize the We offer customers 24h access via a
area, close to a Baumarkt, Lidl or Aldi containers for every site during our secure PIN code system at the gate, we
for marketing. Property size needs to be feasibility study, this shows us how use motion sensor lights for night time
between 800 and 1200qm, industrial many of which size unit we need. Ideal and have 24h video camera surveillance
zoning. We do not need any special size of storage is at least 800m2 of
building permissions. rentable space at each location
9
€15,00
MARKET Rental price per qm per month
We rent our space to customers at €15,00 per qm, this is far below
OPPORTUNITY the European average which according to the European Self Storage
Association is €25,00
UK – 1430 facilities – 66 million people
US – 50,000 facilities – 326 million people
Germany – 150 facilities – 82 million
https://www.insideselfstorage.com/europe/tapp
€245,00
ing-germanys-undeveloped-self-storage- Purchase rice of our containers per qm
market
We purchase our containers in Germany, from a German
manufacturer. They are TUV approved, meeting wind, snow and
security requirements.
10€196 €980 €200
Thousand Thousand Thousand
Container Costs for Net profit per year
costs per on 80% occupancy
site 5 sites per site
MARKET
Land can be purchased or rented long term
• We can rent land for €1,7 per qm per month, the average site of 1200qm would cost
OPPORTUNITY
€2136,00 per month (Inc Mwst)
• If we buy land it would cost about €180,00 per qm, the bank repayment on this would be
€0,80 per qm per month. The average site would cost €960,00 per month
PART 2 • To buy land for 5 sites would cost about €1 080 000,00
11COMPETITION
Our competition can be seen in two different
sectors. Direct competitors use containers,
indirect use warehouses
Containers Warehouse
§ Most people use shipping containers, 20 or 40 ft long. § Expensive to set up, requires fire and safety systems which are
§ They are not easily moved, have no ventilation and only costly
come in two sizes. § Multi level so customers need to get their goods in and out of the
§ From a logistics point of view, one truck can deliver two lifts or use the stairs
containers § Once a client does not pay you lose the prime rental space for up
to 6 months at a time
Storeandpark
§ Each truck can deliver 20 containers to us, so transport is very easy
§ We use single level sites, so you can drive directly up to your container to load and unload
§ We have very few regulations to adhere to 12COMPETITION PART 2
More Convenient
MeinLager (wooden
Speicherboxx (custom built 350 storage boxes multi
unit facility in Giessen, 3 storeys) Lagerbox
level)
(warehouses in A
More Expensive Less Expensive
cities, multi level)
Rolls Rhein (containers in a Prime storage, Elephant First Storage
warehouse need to pre book
forklift)
Less Convenient 13Phase 3
Expansion
GROWTH STRATEGY § Secure investors to implement 10 –
15 sites in Germany
§ Expand to neighboring countries
§ Consider re-finance on cash flow
Focus on smaller sites, easy access § Investigate medium term options
to A and B cities
Phase 2 - Complete
Deployment
§ Teams are in place to build the
Phase 1 - Complete containers and establish the new
sites
Groundwork
§ 8 weeks is required for containers
§ Complete test site to get statistics delivery
and proof of concept
§ 5 days is required for container
§ Establish a core team the can
building, site establishment and
oversea expansion
security
§ Identify suitable locations
14INCOME 2019 2020 2021
Number of containers 500 500 500
Rentable space 4,000 4,000 4,000
Average occupancy 60% 80% 85%
COMPANY REVENUE 432,000 576,000 612,000
FINANCIALS
OPEX
- Staff & Management 120,000 120,000 120,000
- Advertising 10,000 8,000 7,000
- Property rental 128,000 128,000 128,000
PROFIT before Tax 154,000 298,620 334,620
15SAMPLE 1 2 3
PROPERTIES Hessen Bayern Nordrhein Westfalen
Fulda 1240qm to rent Furth 1284qm to rent Neuss 1476qm to rent for
from €1,20 per qm per from €1,40 per qm per €1,07 per qm per month
The following properties meet month month
our requirements and are
currently available
16PICTURE GALLERY
17FACTS TO DATE
We have used our developmental stage to benchmark some
statistics that we think we can use for forward planning
§ It took us 3 months to get to 30% occupancy, 5 months to 65%
occupancy and 8 months to 80% occupancy
§ 65% of tenants are commercial and 35% are private
§ 25% of our tenants pay quarterly or yearly in advance for a discount
§ Less than 10% of our tenants have left within a period of 6 months, most
plan to stay longer term
§ 80% of our enquiries come from internet searches, where we rank very
highly
§ Most people move in 2/3 days after the initial enquiry
18ONLINE OPTIMIZED
We have invested heavily in technology to ensure we can manage
our business well and offer great customer support
§ Our system allows fir clients to do online bookings and check outs,
while paying online
§ We accept credit cards, debit cards, debit orders, bank transfers, and
many more
§ Our back office system have been developed to handle multiple sites,
with single and consolidated reporting
§ Our website is fully optimized and continually updated
19You can also read
