Planning economics · Not a forecast or guarantee
The model behind
the platform.
Illustrative unit economics for a representative branch, followed by mature cluster scenarios. Actual capacity, pricing, costs and financing require diligence.
All figures are planning estimates, not appraisals, lender quotes or guaranteed results. RWA and investment-referral revenue are excluded. Cluster scenarios illustrate replication, not immediate identical performance.
Illustrative acquisition assumptions
A property-led
operating model.
| Illustrative purchase price | $1,250,000 |
| Down payment | $312,500 |
| Mortgage principal | $937,500 |
| Assumed interest rate | 7.50% |
| Monthly principal & interest | ≈ $7,552 |
| Annual debt service | ≈ $90,629 |
The 450-position assumption is not a confirmed box count. The $85 average reflects a planned mix of sizes and services; actual capacity and pricing remain subject to validation.
Single-branch illustration
Three years of
planned occupancy growth.
| Measure | Year 1 | Year 2 | Year 3 |
|---|---|---|---|
| Occupancy | 40% | 65% | 80% |
| Total revenue | $321,200 | $455,350 | $570,600 |
| Operating expenses | $198,000 | $208,000 | $220,000 |
| Property debt service | $90,629 | $90,629 | $90,629 |
| Cash flow before tax | $32,571 | $156,721 | $259,971 |
Revenue includes the assumed vault occupancy plus hardware/setup services, legacy services, professional office rent and conference/other revenue.
Mature scale illustration
Explore the cluster model.
These scenarios use stabilized Year 3 unit economics. The 12-branch figures are directional and exclude corporate overhead and economies of scale; they are not a lender forecast.
The four-branch scenario assumes approximately $880,000 in operating expenses, $363,000 in property debt service and $5 million in real estate cost basis, using a $1.25 million average acquisition price.
Year 1 cost detail
A transparent
operating allowance.
| Single-branch expense | Annual allowance |
|---|---|
| Full-time employee + burden | $55,000 |
| Part-time / vacation coverage | $15,000 |
| Property tax allowance | $30,000 |
| Insurance | $25,000 |
| Utilities / internet | $12,000 |
| Alarm / cameras / monitoring / panic | $8,000 |
| Access / biometric / software | $8,000 |
| Maintenance / cleaning / grounds | $10,000 |
| Marketing | $20,000 |
| Legal / accounting / compliance | $10,000 |
| Office / miscellaneous | $5,000 |
| Total annual operating expenses | $198,000 |
Next decision
Turn assumptions
into verified inputs.
Physical inspection, insurance and tax confirmation, lender discussions and demand testing come before committing to the full model.
Return to the property and diligence plan →