Name: Self Storage Unit Financial Projection Template
Brand: ProjectionHub
Price: 99 USD
Availability: OnlineOnly

Types of storage businesses that could use this template

Drive Up Self Storage Units
Boat, RV and Vehicle Storage
Climate Controlled / Indoor Storage Units
Commercial Business Storage
Active Duty Military Storage
24 Hour Storage
College Student Summer Storage Units

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-use financial projection template for your business model. You can also open the file to use in Google Sheets!

Download Now

Step 2: Enter your assumptions on the input tabs

Revenue Projections for Storage Unit Companies

In the revenue model, you’ll enter your individual storage unit properties, the number of storage units, the average monthly rent per storage unit and the vacancy rate for your storage units expected for each property. The customized revenue model then calculates your revenue projections and can predict how much you can make owning a storage unit business. You can add multiple types of storage businesses and up to 25 individual properties in the revenue forecast template.

Storage Facility Operating Expenses

In the operating expense model, you will be guided to enter your expenses which includes some industry standard items like storage unit business property taxes, insurance, marketing, and utilities.
Your monthly expenses can be entered as either fixed or variable expenses. You can also enter in expenses on a per storage unit property level or even a per unit level. The operating expense model will automatically feed the estimated expenses and cash flows to the storage business financial statements for you.
To help you enter your storage unit business startup costs, the first three months of the model are separated so that you can enter start-up expenses associated with the launch of your storage unit business.

The Self Storage General Assumptions Model

You’ll be guided to enter your fixed assets that are not associated with the storage unit properties. This could include assets like office furniture and equipment, any vehicles purchased for the business, forklifts, and other equipment. You’ll also list any loans and investments received for the business.
The model takes your input data and then calculates the more complex items for you like interest and depreciation expenses, loan amortization, etc.

Common Storage Facility Employee Salaries

You will be able to enter any salaried employees and their annual salary, starting month and annual raise projections. Other monthly expenses for salaried employees, like employer taxes and benefits, are calculated automatically.
This model can also help you in calculating any owner draws or dividends that are distributed to owners.

‍

Step 3: The model is automatically updated based on your assumptions

Self Storage Business Financials At-A-Glance

You’ll get a financial snapshot of your storage business projections in the At-A-Glance tab. You’ll have access to 5 year financial summaries, graphs, charts, and key ratios that are made ready to be copied directly into a pitch deck.

Storage Unit Financial Statement Tabs

Our self storage spreadsheet template generates six Financial Statement tabs: the income statement, cash flow statement, and balance sheet–all in annual formats; as well as the month-by-month breakdowns of those same three financial statements. You can also breathe easy knowing that our balance sheets always automatically balance.

Get Investor and Lender Ready Financials

Our template can make the process of securing a self storage business investor easy. Not only was this template made to provide highly effective and reliable projections for you, but to help you more easily pitch to lenders and investors. The model takes your inputs and assumptions and then generates quality detailed financial pro-formas with that information.

Tables, charts, graphs and dashboards include:

Profit and loss table
Self Storage Startup funds usage graph
Key storage industry ratio table
Storage facility cash flow graph
5 years of pro forma income statements, cash flow, and balance sheet reports in annual and monthly formats

‍

Profit and loss at a glance table
Use of start-up funds graph
Key ratios table
Cash generated from operating activities graph
Investor dashboard
5 years of monthly and annual income statement, cash flow and balance sheet reports

Download the Template

Step 4: If you need help, we're here

We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.

When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

If the model doesn’t work for you, we’re happy to provide a refund, or create a custom financial forecast for you.

‍

Questions? Get in touch.

What ProjectionHub Customers Think

“…helped me tell the story of my business to potential investors

★★★★★

5/5

“ProjectionHub built projections for my online platform before I pitched to investors. Their model has everything you need – a full revenue model, models for operating expenses, investments, asset purchases, employee expenses, dividends, etc., which all work together to create your projected financial statements. The final product was easy to read and follow and helped me tell the story of my business to potential investors."

Lavell Juan

Founder & CEO, Brag House

The cost of the template is estimated at $ 2000

If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

20 hours X $100 = $2,000 value

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get the Self Storage Template today for $99

The template price: $

USD

100% money-back guarantee for 30 days

Back to Top

Our Projection Protection Guarantee

Love it or Swap it

If the template you purchase is not the perfect fit, our team will help recommend the right template and swap your template for no extra charge. You can rest assured we'll make sure you are using the right template.

Expert Review

After you fill out your template, you can upload your projections to our team where we will do a complete review and then send you a custom video recording of us providing feedback so you can feel confident your projections are investor & lender ready.

See How

Help as You Go

Our team will be standing by so you can get help as you fill out your projection template. Through email and custom video recordings, we will make sure you understand how to complete your projections.

See How

The ProjectionHub Team

Grace Cisna, CPA

Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.

As an auditor, she gained insight to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.

Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.

Adam Hoeksema — Co-founder ProjectionHub

Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.

Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.

Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.

We are available to help you complete your projections

Troubleshoot

We'll answer your questions about how the template works

Customize

We can help you customize your template, add revenue models, expenses or custom charts, tables and graphs -> with our financial modeling services

Frequently Asked Questions

How many storage unit facilities can I add to the template?

The template allows you to add up to 25 unique storage unit properties each with their own assumptions related to number of units, types of units, rental rates, occupancy, and financing terms.

How much does it cost to start a self storage unit business?

The cost to start a self storage unit business varies dramatically depending on the size of the property, location and construction materials used. This video by Sweaty Startup you can see a great breakdown of the costs to acquire and run a self storage business.

How much can you borrow for a self storage business?

In this article, Storable provides a great breakdown of the different loan options and terms available to fund a self storage business.

Self Storage Unit Financial Projection Template

Our self storage unit projection template combines your unique business plan assumptions with our CPA developed template to make financial modeling easy.

Create investor- and lender-ready projections in hours, not days.

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

Watch a demo of the template

Save time & money - get organized with our template!

Get the Self Storage Template today for $99

Types of storage businesses that could use this template

Step 1: Purchase and download the template

Step 2: Enter your assumptions on the input tabs

Revenue Projections for Storage Unit Companies

Storage Facility Operating Expenses

The Self Storage General Assumptions Model

Common Storage Facility Employee Salaries

‍

Step 3: The model is automatically updated based on your assumptions

Self Storage Business Financials At-A-Glance

Storage Unit Financial Statement Tabs

Get Investor and Lender Ready Financials

Tables, charts, graphs and dashboards include:

Tables, charts, graphs and dashboards include:

Step 4: If you need help, we're here

Questions? Get in touch.

What ProjectionHub Customers Think

“…display our financials in an easily digestible, standard format.

“…helped me tell the story of my business to potential investors

The cost of the template is estimated at $ 2000

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get the Self Storage Template today for $99

Our Projection Protection Guarantee

You may also like these templates

Equipment Rental Business

Airbnb Business

Self Storage - Developer

The ProjectionHub Team

Grace Cisna, CPA

Adam Hoeksema — Co-founder ProjectionHub

We are available to help you complete your projections

Troubleshoot

Customize

Frequently Asked Questions

How many storage unit facilities can I add to the template?

How much does it cost to start a self storage unit business?

How much can you borrow for a self storage business?