• Business Plans
    • Business Plan for Investors
    • Bank/SBA Business Plan
    • Strategic/Operational Business Plan
    • Immigration Business Plan
      • L1 Visa Business Plan
      • E1 Treaty Trader Visa Business Plan
      • E2 Treaty Investor Visa Business Plan
      • EB-1 Business Plan
      • EB-2 NIW Business Plan
      • EB-5 Business Plan
      • Innovator Visa Business Plan
      • Start-Up Visa Business Plan
      • Expansion Worker Visa Business Plan
      • Manitoba MPNP Visa Business Plan
      • Start-Up Visa Business Plan
      • Nova Scotia NSNP Visa Business Plan
      • British Columbia BC PNP Visa Business Plan
      • Self-Employed Visa Business Plan
      • OINP Entrepreneur Stream Business Plan
      • LMIA Owner Operator Business Plan
      • ICT Work Permit Business Plan
      • LMIA Mobility Program – C11 Entrepreneur Business Plan
      • USMCA (ex-NAFTA) Business Plan
    • Franchise Business Plan
    • Landlord business plan
    • Nonprofit Start-Up Business Plan
    • Other Business Plans
      • Cannabis business plan
      • Ecommerce business plan
      • Online boutique business plan
      • Mobile application business plan
      • Daycare business plan
      • Restaurant business plan
      • Food delivery business plan
      • Real estate business plan
  • Services
    • Business Continuity Plan
    • Pitch Deck
    • Buy Side Due Diligence Services
    • ICO whitepaper
    • ICO consulting services
    • Confidential Information Memorandum
    • Private Placement Memorandum
    • Feasibility study
  • How it works
  • About us
  • Business Plan
    Examples
  • Contact Us
+1-619-7275304
Need a business plan? Call now:+1-619-7275304
Talk to our experts:
  • Business Plans
    • Business Plan for Investors
    • Bank/SBA Business Plan
    • Strategic/Operational Business Plan
    • Immigration Business Plan
      • L1 Visa Business Plan
      • E1 Treaty Trader Visa Business Plan
      • E2 Treaty Investor Visa Business Plan
      • EB-1 Business Plan
      • EB-2 NIW Business Plan
      • EB-5 Business Plan
      • Innovator Visa Business Plan
      • Start-Up Visa Business Plan
      • Expansion Worker Visa Business Plan
      • Manitoba MPNP Visa Business Plan
      • Start-Up Visa Business Plan
      • Nova Scotia NSNP Visa Business Plan
      • British Columbia BC PNP Visa Business Plan
      • Self-Employed Visa Business Plan
      • OINP Entrepreneur Stream Business Plan
      • LMIA Owner Operator Business Plan
      • ICT Work Permit Business Plan
      • LMIA Mobility Program – C11 Entrepreneur Business Plan
      • USMCA (ex-NAFTA) Business Plan
    • Franchise Business Plan
    • Landlord business plan
    • Nonprofit Start-Up Business Plan
    • Other Business Plans
      • Cannabis business plan
      • Ecommerce business plan
      • Online boutique business plan
      • Mobile application business plan
      • Daycare business plan
      • Restaurant business plan
      • Food delivery business plan
      • Real estate business plan
  • Services
    • Business Continuity Plan
    • Pitch Deck
    • Buy Side Due Diligence Services
    • ICO whitepaper
    • ICO consulting services
    • Confidential Information Memorandum
    • Private Placement Memorandum
    • Feasibility study
  • How it works
  • About us
  • Business Plan
    Examples
  • Contact Us
Place the order
logo logo
Menu
CALL NOW:+1-619-7275304
  1. HOME
  2. Blog
  3. Boat and RV storage Business Plan Example

JUL.23, 2021

Boat and RV storage Business Plan Example

(3 votes, average: 5.00 out of 5)
Loading...
Article Business Plan Templates Logistics & Travel Business Plans
Boat and RV storage Business Plan Example

Share:

Table of Content

    Boat and RV storage business plan for starting your own business

    RVs are becoming a norm more than ever. People use them as homes and for camping. The trouble, however, with them is that you cannot park them in your garage or driveway. You need to park them in an RV park. That has given rise to a new business and that is the basis of this RV and boat storage business plan.

    So, the aim of this business, basically, is to provide people with a place to store their RVs and vans and charge them for the services. If you want to know how to start a RV storage business, we will cover all the details of that while telling you the method of creating a franchise business plan.

    Let’s jump right into it and see how you can start a self-storage business plan for RVs and boats.

    Executive Summary

    2.1 The Business

    Start your Business Plan Now
    Start My Business Plan
    Start your Business Plan Now

    Jack RV storage is the example we will be using to explain all the dynamics involved in starting a boat and RV storage business. It will be situated in Tucson, Arizona. This business will be headed by Jack Reacher who is a retired World War II veteran. Keep reading if you want to know how to start a boat storage business.

    2.2 Management of Boat and RV Storage Business

    When you are creating a business plan for a bank loan, the most important thing is to discuss the management of the business. The success of the venture and the chances for getting approval for the loan depends on this. Jack will hire 3 managers to run the business and will himself act as the CEO of the business, exercising supreme authority in all aspects. This will run the Boat and RV storage building plans smoothly and without any issues.

    2.3 Customers of Boat and RV Storage Business

    That brings us to the customers we will be serving through our boat and RV storage building plans. These will be divided into four main categories:

    • Tourists who want to store their RVs for a night.
    • Local residents who want to park the RVs for a long time.
    • People living out of RVs who want a place with parking and electric supply.
    • People who use their boats for recreational purposes and don’t have place in their homes to store them.

    2.4 Business Target

    Talking subjectively, the business of Jack RV Storage is to provide people in Tucson with a place they can park their RV safely. The objective targets of this venture, just like a transportation business plan will include:

    • Becoming the largest RV and boat storage facility in the state.
    • Expanding to other states and making a brand that people can trust.
    • Starting to make a sizable income for the owner, Jack.

    3 Years Profit Forecast - Boat and RV Storage Business Plan

    Franchise Business Plan
    Helps the franchisee get business case approval from the franchisor

    Company Summary

    3.1 Company Owner

    Jack Reacher will be the owner of this business and is going to build boat storage because he has a passion for RVs and boats. He has lived out of an RV for five years. He noticed that there is a serious gap in the market when it comes to getting storage and electric supply for RV.

    3.2 Why the Boat and RV Storage is being started?

    Jack is starting RV storage business to capitalize in this gap in the market. His boat storage design is aimed at solving the most important problem people face and that is lack of secure locations for storing RVs and boats for long-term and short-term storage. He has a strong plan, and it will work out.

    3.3 How the Boat and RV Storage Business will be started?

    Step1: Planning the Feasibility

    The first thing that needs to be done to start this RV storage franchise is to conduct a survey of the market and make a feasibility for the business. Jack did that and has come to the conclusion that the business can, indeed, be feasible. This is because there are thousands of RVs in the area and not even one dependable parking and storage facility for them.

    Step2: Making a Name  

    As RVs are quite expensive, people need to have a name that they can trust if they want to store them. For that reason, the next step in starting the business will be to establish a name for the business. Jack will get the business registered and insured to make sure people can rely on them.

    Step3: Establishing the Business 

    Once the business has a name, the next thing to do would be to actually establish the physical presence of the business. This will be done by buying or leasing a large plot of land and building a fence around it. The land will be acquired just out of the city so that it is cheap to buy but still easily reachable for the customers.

    Step4: Going Online

    As people look for everything on the internet, Jack RV Storage has to have an online presence. For that, a website will be setup where people can come and explore the business. It will provide complete information about what services the business offers and what is the pricing structure.

    Step5: Promotion and Marketing

    Just like a business plan for a drop shipping business, we will make sure that the business is marketed properly, and that people know of its existence. Jack will use all social and electronic media channels to advertise and market the business.

    Startup Cost - Boat and RV Storage Business Plan

    Any questions? Get in Touch!
    Start-up Expenses
    Legal $248,000
    Consultants $0
    Insurance $30,000
    Rent $30,000
    Research and Development $26,000
    Expensed Equipment $54,000
    Signs $4,400
    TOTAL START-UP EXPENSES $392,400
    Start-up Assets $349,000
    Cash Required $389,000
    Start-up Inventory $43,000
    Other Current Assets $235,000
    Long-term Assets $301,000
    TOTAL ASSETS $1,317,000
    Total Requirements $1,709,400
    START-UP FUNDING
    Start-up Expenses to Fund $392,400
    Start-up Assets to Fund $1,317,000
    TOTAL FUNDING REQUIRED $1,709,400
    Assets
    Non-cash Assets from Start-up $1,709,000
    Cash Requirements from Start-up $379,000
    Additional Cash Raised $53,000
    Cash Balance on Starting Date $42,000
    TOTAL ASSETS $2,183,000
    Liabilities and Capital
    Liabilities $29,000
    Current Borrowing $0
    Long-term Liabilities $0
    Accounts Payable (Outstanding Bills) $49,000
    Other Current Liabilities (interest-free) $0
    TOTAL LIABILITIES $78,000
    Capital
    Planned Investment $1,709,400
    Investor 1 $0
    Investor 2 $0
    Other $0
    Additional Investment Requirement $0
    TOTAL PLANNED INVESTMENT $1,709,400
    Loss at Start-up (Start-up Expenses) $395,600
    TOTAL CAPITAL $2,105,000
    TOTAL CAPITAL AND LIABILITIES $2,183,000
    Total Funding $1,709,400

    Services

    Note

    One of the most important aspects of this RV storage facility business plan is discussing the services that this business will be providing.

    As the field is a very vast one, this RV and boat storage business will focus on the following services:

    • RV Storage

    This aspect of the business plan storage units will cover short-term and long-term RV storage without electric supply or any other amenities.

    • Boat Storage

    A part of the business will be dedicated to boat storage. All stored boats will be regularly inspected, and any required maintenance work will be carried out.

    • RV Electric Supply

    People living out of RVs often need a source of electricity for the appliances and air conditioning in the vehicle to work. Jack RV Storage will provide this service too.

    • RV Workshop

    As people with RVs often come from other towns and cities and these things breakdown often, a workshop service will also be included to serve these people and make money while we are at it.

    Marketing Analysis of Boat and RV Storage Business

    Marc Jacobs
    TrustPilot

    Great service

    Great service. Good turnaround time and quality work.
    Thanks!

    ∙ Marc Jacobs

    One of the most important things that you need to have for any boat and RV storage building plans is a thorough marketing analysis for the business. Jack carried out the analysis and determined that there are 10,000+ RV and boat owners in the area. This will make the storage unit business model a successful one. The other thing that was revealed in the survey was that there are only two RV and boat storage facilities in the area, and even they are extremely underequipped to handle the customers.

    Let’s now explore more details of the boat RV storage business plan.

    5.1 Market Trends

    A survey of market trends was carried out before opening a storage unit and it was discovered that there has been a sharp rise in the number of RVs in Tucson area over the last five years. While import export business plans might not appear to be very lucrative or rewarding at the moment, this business can return massive profits.

    5.2 Marketing Segmentation

    The customers of Jack RV Storage will be divided into the following major market segments:

    Marketing Segmentation - Boat and RV Storage Business Plan

    UK Start-Up Visa Business Plan

    5.2.1 RV Owners

    This will be the main market segment for the business. The major aim of this business will be to provide RV owners in the area with a place to store and park their RVs. Permanent customers will be given a monthly subscription while temporary customers will be charged at per-hour or per-say basis.

    5.2.2 Boat Owners

    The second major customers of the business will be the people who own small or medium sized boats. As boats are used less often and are mainly in storage, this market segment will mainly consist of people looking for long-term storage of their boats.

    5.2.3 Motorhome Owners

    People who have a digital nomad lifestyle and live out of large RVs called motorhomes will also be the customers of Jack RV storage. These people will generally be temporary customers and will not stay for a long time.

    5.2.4 RV and Boat Leasing Companies

    Not all people own RVs and boats of their own and that is the reason leasing these things has become a big industry. However, the leasing companies in Tucson, Arizona do not have enough area to park all their RVs. Jack will serve these people too.

    Market Analysis
    Potential Customers Growth Year 1 Year 2 Year 3 Year 4 Year 5 CAGR
    RV Owners 35% 39,000 40,000 42,000 44,000 46,000 10.00%
    Boat Owners 20% 23,000 25,000 27,000 29,000 30,000 10.00%
    Motorhome Owners 23% 27,000 29,000 30,000 32,000 34,000 10.00%
    RV and Boat Leasing Companies 22% 25,000 26,000 28,000 29,000 31,000 11.00%
    Total 100% 114,000 120,000 127,000 134,000 141,000 10%

    5.3 Business Target

    • To provide reliable RV and boat storage for the residents of Tucson, Arizona.
    • To provide electricity and other provisions to people living out of motorhomes in the area.
    • To start making at least $262,200 per year in profits by the end of year two.
    • To expand to at least 5 more locations by the end of year 3.

    5.4 Product Pricing

    Jack will keep the prices slightly lower than the other RV and boat storage providers in the are in the start. This will be done to convert the customers of the other service providers in the start. Once that has been done effectively and Jack makes a name for himself in the business, the prices will be increased to make more profit. This is the same strategy as the one used in trucking business plan.

    Marketing Strategy

    Another of the very important things needed to make any boat and RV storage building plans successful is a solid marketing strategy for the business. Jack has done extensive competitive analysis along with the marketing analysis to make sure that the business is a success. Here’s what makes up the marketing strategy of thisboat storage facility.

    6.1 Competitive Analysis

    1. It has been revealed in the marketing strategy survey that there are only two other boat storage facility providers in the area.
    2. The services provided by these people are not at par with what the customers require.
    3. The only thing we need to do to make this venture successful is to provide better services to the customers and provide them at a better price.
    4. Once we attract enough customers, we can charge any price of our liking from them.
    Any questions? Get in Touch

    6.2 Sales Strategy

    • Jack will make use of all social, print, and electronic media channels operating in the area to advertise the services provided by the business.
    • The focus, in the start, will be on getting more customers than making profit.

    6.3 Sales Monthly

    Sales Monthly - Boat and RV Storage Business Plan

    6.4 Sales Yearly

    Sales Yearly - Boat and RV Storage Business Plan

    6.5  Sales Forecast

    Sales Yearly - Boat and RV Storage Business Plan

    Sales Forecast
    Unit Sales Year 1 Year 2 Year 3
    RV Storage 41,000 43,460 46,068
    Boat Storage 40,000 42,400 44,944
    RV Electric Supply 56,000 59,360 62,922
    RV Workshop 38,000 40,280 42,697
    TOTAL UNIT SALES 175,000 185,500 196,630
    Unit Prices Year 1 Year 2 Year 3
    RV Storage $50.00 $58.00 $67.28
    Boat Storage $68.00 $78.88 $91.50
    RV Electric Supply $48.00 $55.68 $64.59
    RV Workshop $54.00 $62.64 $72.66
    Sales
    RV Storage $2,050,000.00 $2,520,680.00 $3,099,428.13
    Boat Storage $2,720,000.00 $3,344,512.00 $4,112,411.96
    RV Electric Supply $2,688,000.00 $3,305,164.80 $4,064,030.64
    RV Workshop $2,052,000.00 $2,523,139.20 $3,102,451.96
    TOTAL SALES $9,510,000.00 $11,693,496.00 $14,378,322.68
    Direct Unit Costs Year 1 Year 2 Year 3
    RV Storage $48.00 $55.00 $63.00
    Boat Storage $66.00 $75.00 $87.00
    RV Electric Supply $46.00 $52.00 $60.00
    RV Workshop $52.00 $59.00 $68.00
    Direct Cost of Sales
    RV Storage $1,968,000.00 $2,390,300.00 $2,902,258.80
    Boat Storage $2,640,000.00 $3,180,000.00 $3,910,128.00
    RV Electric Supply $2,576,000.00 $3,086,720.00 $3,775,296.00
    RV Workshop $1,976,000.00 $2,376,520.00 $2,903,382.40
    Subtotal Direct Cost of Sales $9,160,000.00 $11,033,540.00 $13,491,065.20

    Personnel plan

    With all that done, we are left with one thing and that is the discussion of the workforce that will be needed for starting an RV storage business. In this RV storage business plan, we will focus on the workers that are needed to start the business. The staff will increase as the business expands. It will happen in the same fashion as it does in a trucking business plan.

    Any questions? Get in Touch

    7.1 Company Staff

    The following people will be needed to run the business:

    • Jack Reacher, the owner, will be the CEO of the business.
    • 1 receptionist who will also act as office secretary for the CEO.
    • 3 managers will be hired for sales, operations, and marketing.
    • 3 mechanics will be hired to work at the workshop allied with the storage facility.
    • 3 drivers to move the permanently stored/parked RVs around.

    7.2  Average Salary of Employees

    Personnel Plan
    Year 1 Year 2 Year 3
    Sales Manager $14,000 $15,400 $16,940
    Operations Manager $15,000 $16,500 $18,150
    Marketing Manager $13,000 $14,300 $15,730
    Drivers $36,000 $39,600 $43,560
    Mechanics $45,000 $49,500 $54,450
    Receptionist $8,000 $8,800 $9,680
    Total Salaries $131,000 $144,100 $158,510

    Financial Plan

    The last thing that we need to touch in this boat and RV storage business for sale are the finances involved in starting the business. Just like any logistics business plans, the costs can vary from case to case.

    • The cost of buying or leasing the plot of land to establish the business will be the major chunk of expenditure.
    • The cost of advertisement and promotion.
    • The cost of paying the salaries to staff before the business starts making profit.
    • Electricity, water, and other overheads.

    8.1 Important Assumptions

    General Assumptions
    Year 1 Year 2 Year 3
    Plan Month 1 2 3
    Current Interest Rate 8.12% 8.16% 8.20%
    Long-term Interest Rate 8.38% 8.44% 8.51%
    Tax Rate 24.05% 24.60% 25.43%
    Other 0 0 0

    8.2 Break-even Analysis

    Break-even Analysis - Boat and RV Storage Business Plan

    Break-Even Analysis
    Monthly Units Break-even 5339
    Monthly Revenue Break-even $132,500
    Assumptions:
    Average Per-Unit Revenue $232.00
    Average Per-Unit Variable Cost $0.62
    Estimated Monthly Fixed Cost $162,290

    8.3 Projected Profit and Loss

    Pro Forma Profit And Loss
    Year 1 Year 2 Year 3
    Sales $9,510,000 $11,693,496 $14,378,323
    Direct Cost of Sales $9,160,000 $11,033,540 $13,491,065
    Other $0 $0 $0
    TOTAL COST OF SALES $9,160,000 $11,033,540 $13,491,065
    Gross Margin $350,000 $659,956 $887,257
    Gross Margin % 3.68% 5.64% 6.17%
    Expenses
    Payroll $131,000 $144,100 $158,510
    Sales and Marketing and Other Expenses $138,000 $144,000 $150,000
    Depreciation $2,100 $2,200 $2,480
    Leased Equipment $0 $0 $0
    Utilities $2,700 $3,000 $3,200
    Insurance $2,100 $2,100 $2,100
    Rent $3,400 $3,700 $3,900
    Payroll Taxes $32,000 $33,000 $35,000
    Other $0 $0 $0
    Total Operating Expenses $311,300 $332,100 $355,190
    Profit Before Interest and Taxes $38,700 $327,856 $532,067
    EBITDA $38,700 $327,856 $532,067
    Interest Expense $0 $0 $0
    Taxes Incurred $7,740 $65,571 $106,413
    Net Profit $30,960 $262,285 $425,654
    Net Profit/Sales 0.33% 2.24% 2.96%

    8.3.1 Profit Monthly

    Profit Monthly - Boat and RV Storage Business Plan

    8.3.2 Profit Yearly

    Profit Yearly - Boat and RV Storage Business Plan

    Any questions? Get in Touch

    8.3.3 Gross Margin Monthly

    Gross Margin Monthly - Boat and RV Storage Business Plan

    8.3.4 Gross Margin Yearly

    Gross Margin Yearly - Boat and RV Storage Business Plan

    8.4 Projected Cash Flow

    Projected Cash Flow - Boat and RV Storage Business Plan

    Pro Forma Cash Flow
    Cash Received Year 1 Year 2 Year 3
    Cash from Operations
    Cash Sales $50,000 $54,000 $58,320
    Cash from Receivables $20,000 $21,600 $23,328
    SUBTOTAL CASH FROM OPERATIONS $70,000 $76,300 $82,404
    Additional Cash Received
    Sales Tax, VAT, HST/GST Received $0 $0 $0
    New Current Borrowing $0 $0 $0
    New Other Liabilities (interest-free) $0 $0 $0
    New Long-term Liabilities $0 $0 $0
    Sales of Other Current Assets $0 $0 $0
    Sales of Long-term Assets $0 $0 $0
    New Investment Received $0 $0 $0
    SUBTOTAL CASH RECEIVED $72,000 $77,000 $83,000
    Expenditures Year 1 Year 2 Year 3
    Expenditures from Operations
    Cash Spending $41,000 $43,000 $45,000
    Bill Payments $26,000 $28,000 $31,000
    SUBTOTAL SPENT ON OPERATIONS $67,000 $71,000 $76,000
    Additional Cash Spent
    Sales Tax, VAT, HST/GST Paid Out $0 $0 $0
    Principal Repayment of Current Borrowing $0 $0 $0
    Other Liabilities Principal Repayment $0 $0 $0
    Long-term Liabilities Principal Repayment $0 $0 $0
    Purchase Other Current Assets $0 $0 $0
    Purchase Long-term Assets $0 $0 $0
    Dividends $0 $0 $0
    SUBTOTAL CASH SPENT $68,000 $73,440 $79,315
    Net Cash Flow $19,000 $22,000 $24,000
    Cash Balance $29,000 $31,000 $34,000

    8.5 Projected Balance Sheet

    Pro Forma Balance Sheet
    Assets Year 1 Year 2 Year 3
    Current Assets
    Cash $275,000 $308,000 $338,800
    Accounts Receivable $22,000 $24,640 $27,695
    Inventory $4,300 $4,816 $4,900
    Other Current Assets $1,000 $1,000 $1,000
    TOTAL CURRENT ASSETS $291,000 $325,920 $366,334
    Long-term Assets
    Long-term Assets $10,000 $10,000 $10,000
    Accumulated Depreciation $20,040 $22,445 $25,250
    TOTAL LONG-TERM ASSETS $22,000 $24,640 $27,720
    TOTAL ASSETS $296,000 $331,520 $372,960
    Liabilities and Capital Year 4 Year 5 Year 6
    Current Liabilities
    Accounts Payable $19,900 $22,288 $25,052
    Current Borrowing $0 $0 $0
    Other Current Liabilities $0 $0 $0
    SUBTOTAL CURRENT LIABILITIES $20,000 $22,400 $25,178
    Long-term Liabilities $0 $0 $0
    TOTAL LIABILITIES $17,000 $19,040 $21,401
    Paid-in Capital $30,000 $30,000 $31,000
    Retained Earnings $55,000 $59,950 $65,945
    Earnings $199,000 $216,910 $238,601
    TOTAL CAPITAL $288,000 $313,920 $345,312
    TOTAL LIABILITIES AND CAPITAL $305,000 $331,520 $372,960
    Net Worth $302,000 $329,180 $362,098

    8.6 Business Ratios

    Ratio Analysis
    Year 1 Year 2 Year 3 INDUSTRY PROFILE
    Sales Growth 7.26% 8.04% 8.91% 3.00%
    Percent of Total Assets
    Accounts Receivable 9.24% 10.24% 11.34% 9.80%
    Inventory 5.44% 6.03% 6.68% 9.90%
    Other Current Assets 2.30% 2.55% 2.82% 2.40%
    Total Current Assets 150.05% 151.00% 152.00% 158.00%
    Long-term Assets 11.55% 11.61% 11.64% 12.00%
    TOTAL ASSETS 100.00% 100.00% 100.00% 100.00%
    Current Liabilities 4.91% 4.95% 4.99% 4.34%
    Long-term Liabilities 0.00% 0.00% 0.00% 0.00%
    Total Liabilities 7.61% 7.67% 7.74% 7.38%
    NET WORTH 101.00% 101.81% 102.74% 110.00%
    Percent of Sales
    Sales 100.00% 100.00% 100.00% 100.00%
    Gross Margin 94.60% 97.15% 99.87% 99.00%
    Selling, General & Administrative Expenses 94.00% 96.54% 99.24% 97.80%
    Advertising Expenses 1.52% 1.56% 1.60% 1.40%
    Profit Before Interest and Taxes 41.00% 42.11% 43.29% 33.90%
    Main Ratios
    Current 34 35 36 32
    Quick 34 34.2 35.055 33
    Total Debt to Total Assets 0.18% 0.18% 0.17% 0.40%
    Pre-tax Return on Net Worth 74.33% 74.70% 75.00% 75.00%
    Pre-tax Return on Assets 95.19% 99.95% 104.95% 111.30%
    Additional Ratios Year 1 Year 2 Year 3
    Net Profit Margin 33.10% 34.13% 35.18% N.A.
    Return on Equity 55.80% 57.53% 59.31% N.A.
    Activity Ratios
    Accounts Receivable Turnover 7.7 7.8 7.8 N.A.
    Collection Days 100 100 100 N.A.
    Inventory Turnover 32 33.6 33 N.A.
    Accounts Payable Turnover 15 16 16.3 N.A.
    Payment Days 27 27 27 N.A.
    Total Asset Turnover 2.5 2.5 2.6 N.A.
    Debt Ratios
    Debt to Net Worth -0.04 -0.03 -0.04 N.A.
    Current Liab. to Liab. 1 1 1 N.A.
    Liquidity Ratios
    Net Working Capital $238,000 $251,328 $265,402 N.A.
    Interest Coverage 0 0 0 N.A.
    Additional Ratios
    Assets to Sales 0.86 0.87 0.87 N.A.
    Current Debt/Total Assets 1% 0% 0% N.A.
    Acid Test 29.17 29.24 29.4 N.A.
    Sales/Net Worth 2.1 2.2 2.3 N.A.
    Dividend Payout 0 0 0 N.A.

    Download Boat and RV storage Business Plan Sample in PDF

    Illustrative business plan samples

    OGSCapital’s team has assisted thousands of entrepreneurs with top-rate business plan development, consultancy and analysis. They’ve helped thousands of SME owners secure more than $1.5 billion in funding, and they can do the same for you.

    Ecommerce Business Plan PDF
    Cannabis Business Plan PDF
    Pitch Deck Sport Wear
    Subway Franchise Business Plan
    Maeme’s Franchise Business Plan
    Franchise Business Plan
    E2 Visa Business Plan (USA)
    L1 Visa Business Plan (USA)
    Pitch Deck Marketing Agency
    Lamp Business Plan for Bank Loan
    E1 Visa Business Plan (USA)
    Self-Employed Visa Business Plan (Canada)
    British Columbia BC PNP Visa Business Concept (Canada)
    British Columbia BC PNP Visa Business Plan
    Nova Scotia NSNP Visa Business Plan (Canada)
    Manitoba MPNP Visa Business Plan (Canada)
    Logistics
    Export/Import
    Jazz Bar
    Mobile App
    Taxi
    Hospital
    Real Estate
    Get an OGS Customized Business Plan Get a TS Business Plan Template
    To start a conversation with our team, fill in the form.

    A business plan consultant with relevant expertise will contact you shortly.

    OGS Capital

    OGScapital – Serving you with offices in the USA, the United Kingdom, and Canada.

    phone:

    +1-619-7275304

    email:

    [email protected]

    OGS Capital on Facebook

    Our Business Plans

    Business Plan for Investors

    Bank/SBA Business Plan

    Strategic/Operational Business Plan

    Immigration Business Plan

    ALL BPs
    Our services

    Business Continuity Plan

    Pitch Deck

    Buy Side Due Diligence Services

    ICO whitepaper

    ICO consulting services

    ALL SERVICES

    AUTHOR:

    Jakub Babkins

    Add comment

    Rating

    E-mail is already registered on the site. Please use the Login form or enter another.

    You entered an incorrect username or password

    Sorry that something went wrong, repeat again!

    Comments (0)

    by Newest
    by Best by Newest by Oldest
    To start a conversation with our team, fill in the form.

    A business plan consultant with relevant expertise will contact you shortly.

    See also
    Cupcake Business Plan
    MAR, 20 ∙ 2023
    Dog Grooming Business Plan
    MAR, 18 ∙ 2023
    Is a Self-Storage Feasibility Study Worth the Investment?
    MAR, 17 ∙ 2023
    Head Shop Business Plan
    FEB, 09 ∙ 2023
    Medical Marijuana Delivery Service Business Plan
    FEB, 09 ∙ 2023
    Chiropractic Business Plan
    FEB, 03 ∙ 2023
    Cannabis Edibles Business Plan
    JAN, 19 ∙ 2023
    Document Storage Business Plan
    DEC, 22 ∙ 2022
    Concierge Service Business Plan
    DEC, 22 ∙ 2022
    Business Plan for an Investment Company
    DEC, 20 ∙ 2022
    Any questions? Get in Touch!
    We have been

    mentioned in the press:

    logo

    Search the site:

    Get Your Free Consultation
    Download Business Plan Samples
    Fill the Form and we will revert to you ASAP
    • Home
    • About us
    • Blog
    • F.A.Q.
    • Contact Us
    Become a partner
    +1-619-7275304 +44-203-3181069 +1-613-6997822 +353-152-66606 +61-385-956735
    Business Plans
    • Business Plan for Investors
    • Bank/SBA Business Plan
    • Strategic/Operational Business Plan
    • Immigration Business Plan
    • Franchise Business Plan
    • Landlord business plan
    • Nonprofit Start-Up Business Plan
    Services
    • Business Continuity Plan
    • Pitch Deck
    • Buy Side Due Diligence Services
    • ICO consulting services
    • ICO whitepaper

    [email protected]

    © 2023 OGS Capital
    Privacy |
     
    logo

    OGScapital website is not supported for your current browser.
    Please use:

    Firefox Opera Chrome Egde
    Get A Free Consultation!
    [email protected] +1-619-7275304