Rental Of Storage Units Business For Sale

Business description

This turn key mini storage business is well established and made easy for a family to run. The current owners founded the business in 1992 and now wish to retire. There is a 3 bedroom home with a 2 car garage on 1 acre of land available on the property if the new owner is interested in purchasing separately.
This profitable self storage business includes operating software for the computerized gate system. It offers self storage management and has a 10 camera security system. The building includes furniture and fixtures for the 2 offices on the property which is fully fenced. They have 186 units outside and 10 units for storage inside plus an open space warehouse. They also get revenues from the billboard in front of the property used for advertising. This is an outstanding opportunity with a good number of profit centers for a new owner.

Property information

Real Estate:

Real Property Included

Living accommodation:

A residence is available for additional cost if desired. It is a 3 bedroom, 1580 sq. ft home with a 2 car garage on 1 acre for an additional $150,000.00. Located on property Covered by Trees in Aerial Photo.

Premises details:

Business Location State Highway
Sq Ft of Building 28,800
# of Buildings 7
# of Floors 1
Owned W/Option
Features of Building
There are 2 offices, 186 outer storage units and 10 inner units. There is room for expansion on this property, Total of 3.21 acres. 7 Buildings and Land valued at 2,910,000 included in asking price.

Size in square feet:

3.21 Acres

Other information

Expansion potential:

Adding more units, raising the rental fees and renting the warehouse to another business could all be additional profit centers for a new owner.

Competition / Market:

Percentage of Sales in Cash 100%, Percentage of Repeat Customers 25%, and Percentage of Referral Customers 45%, This mini storage business has 24 hour access, surveillance equipment, low prices, and is well manned for excellent customer service.

Support & training:

Owner will remain for reasonable transitioning.

Reasons for selling:

Retirement.

Trading hours:

Days: Monday - Saturday
Hours: 8-5 on Monday, Tuesday, Thursday & Friday, 8-12 Wednesday & Saturday

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Will Consider Financing Yes
Negotiable up to: 10.00 %

Furniture / Fixtures value:

$10,000 (included in the asking price)