Self-Storage Business Plan
This Self-Storage Business Plan was created with Business Plan Pro software. Westbury Storage will be a self-storage facility located in Westbury, New York.
Executive Summary (excerpt)
This business plan describes a proposed self-storage facility to be established in Westbury, New York involving the conversion of an existing building. Total project costs are estimated at $1,054,487 including purchase price, conversion costs, and pre-opening expenses (see section on Start-up Summary). Based on current and projected strong demand for self-storage units, rental revenue is projected to grow rapidly as units fill up from the first year's target of $320,000 to $684,000 by year three.
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