How profitable is parking?
The charges to an owner of car park do not exceed 15 euros per month on average. Average profitability an investment in a car park is 5.8% but can reach 12% in some areas.
We will take an example. Whether you bought a lot of car parks for €120,000 and you manage to rent them for €1,000 per month, or €12,000 per year. The profitability gross for the rental of your car parks is calculated as follows: €12,0000 = 10% gross return per year.
That is an average gross return of 8.9%. net profitability is generally attractive because a place of car park generates little maintenance expenditure and generates few charges. L’investment rental parking lot is So interesting from a performance perspective.
Turnover can be calculated from an accounting balance (it is directly identifiable in a profit and loss account). It is enough to make the sum of the accounts having for root the number 70.
According to its definition, the amount of a company’s turnover corresponds to the sum of the sales of goods and services of the said company over a given accounting period.
In the accounting sense, turnover is the product of a business. The turnover is located in the first lines of products of the profit and loss account of a company. In summary, this is what you earn by selling your products or services to customers. It translates the commercial success of your activity.
Conclusion: the turnover makes it possible to evaluate the level of the current activity of a company. It is used as the basis for calculating many financial ratios and represents the first indicator of a company’s sales performance.