sustaparking+Financial Summary
Tower with 16 Spaces
❯ Turnkey Cost: €2.496.000,-
❯ Break-Even: Within 3 years
❯ Revenue Potential: €793.512 / year one
❯ ROI in Year One: 31.79%
(worst-case scenario example)
Detail Key Assumptions
- Occupancy Rates: Our calculations are based on international standards, assuming a 50% workload for parking spots over 24 hours. We have conservatively estimated parking fees at the lowest rate within the European Union, €5 per hour, as seen in Berlin, Germany.
- EV Charging Rates: We project a 20% workload over 24 hours for our EV charging stations, equating to an average of only 2 EV cars charging per day.
- 360° Advertising Rates: Based on our experience, we conservatively estimate annual advertising revenue at €100.000. However, with our AI's capability to scan the area and analyze potential customers, we target high-end brands such as McDonald's, Burger King, KFC, Allianz, Mercedes-Benz, BNP Paribas and many others. These brands are likely to pay premium rates for advertising, recognizing the value of precisely targeted customer demographics. Thus, realistic annual advertising revenue is projected between €450.000 to €800.000.
- Micromobility Rates: Anticipating significant growth in urban micromobility, we have conservatively calculated the use of e-bikes and e-scooters as zero to present a worst-case scenario in our projections.
ROI CALCULATOR — Discover Real-World Financial Projections
Utilize our ROI Excel calculator to explore real-world financial outcomes. Tailor the tool to reflect local parking and charging rates specific to your area.
- Operational Costs: Operational costs are excluded from our calculations due to significant regional variations in electricity consumption and taxes. The autonomous operation and partial solar power use of our towers significantly reduce operational costs compared to traditional parking garages.
- Market Growth: With over 7 million passenger EVs currently on the road* (* Data source Bloomberg Electric Vehicle Outlook 2020), the electrification of road transport is accelerating. By 2025, 10% of global passenger vehicle sales are expected to be EVs, rising to 28% by 2030 and 58% by 2040, with higher adoption rates anticipated in Europe.
- Conclusion: With five diverse income streams, our vertical parking solution is uniquely positioned to capitalize on market opportunities in a rapidly evolving environment.
Optimizing EV Charging for Maximum ROI.
sustaparking+ is designed to enhance revenue through efficient electric vehicle (EV) charging options. The chart illustrates charging capacities of 7.4 kWh, 11 kWh, and 22 kWh, providing valuable insights into average charging times. This information allows sustaparking+ owners to align their charging stations with real-world usage patterns, optimizing income potential. Public EV charging in Europe typically costs between €0.64 and €0.82 per kWh for fast charging. By leveraging these market conditions, sustaparking+ enables owners to purchase electricity at lower wholesale prices (usually €0.15/kw or less) and sell it at competitive retail rates, maximizing profitability.
By offering tailored charging solutions, sustaparking+ ensures a robust return on investment while meeting the evolving needs of EV owners. This approach aligns with Blackstone's commitment to sustainability and innovative infrastructure solutions.
