Buy a Low Risk Absentee Storage Business With Real Estate For Sale business for sale in West Side - Big Island on BusinessesForSale.com

  • Advert ID: 703576
  • (Seller ref: 41030296)

Low Risk Absentee Storage Business With Real Estate For Sale


Location:
Category:

Listed by:

Asking price:
$1,200,000 (Furniture / Fixtures included)
Sales revenue:
$485,000
Net profit:
$177,229
Employees:
Fully Staffed


This business offers a unique and comparatively lower risk investment opportunity for a broader spectrum of the market than most businesses for sale. Though primarily in the self-storage industry, this business has three segments that generate revenue, each complimenting the next in terms of the business model. The two primary segments of the business are more traditional and do posses certain competitive advantages that make them a solid investment. The third is a relatively new to market service that has excellent potential and is already proving a solid and sustainable business model.

The business as a whole has generated on average, over $170,000 in the past two years, and 2008 is on track to be the best year ever. All aspects of the company are fully staffed for day to day operations, and the owners combined only put in 0-10 HOURS PER WEEK! Due to the nature of the business model and organizational structure put in place by the owner, this business makes for a solid absentee prospect for an investor or a great turn-key operation for a new owner operator.

Due to confidentiality concerns, specific details about the business are withheld for qualified buyers who have signed a Non-Disclosure Agreement, to whom complete financials and a 27 page Confidential Business Profile will be made available to.

As a closing note, to back up the purchase price, the sale includes a valuable master leasehold valued at $777,000. This figure does not include the significant asset value that the business segments themselves posses. These asset values combined with the stable and somewhat low risk cash flows make this a solid third party financing candidate. All in all, this is a well rounded opportunity with excellent investment prospects. So if you are looking for a well grounded and easy to operate investment or business in paradise, then this is a quality of life opportunity you don’t want to miss!


Real Estate:
Lease
Lease terms:
Sale includes valuable master leasehold. Details to be disclosed to qualified buyers
Location:
Great location, but details confidential.

Competition / Market:
INVESTMENT HIGHLIGHTS: • Stable cash flow with ample room for growth • Nature of business makes it comparably lower risk • Significant barriers to entry due to technological nature and capital demands for start-up • Well established trade name • Performance on the positive side of industry benchmarks • Purchase Price is supplemented by significant real asset value, including a very valuable master leasehold • Comparably low owner involvement (0-10hrs per week avg.) with almost ideal absentee business model characteristics • Strong industry with solid long term prospects • Good financing prospects • Stable and somewhat predictable financial performance, both revenue and expenses • Scalable business model
Support & training:
Owners willing to privide 4 weeks of training at 40 hours per week.
Reasons for selling:
Partners desire to retire and some to pursue other opportunities.
Financing available:
Seller: $200,000 over 6 yrs at 8%; mo. pmts of $3,506.65.
Related documents:

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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