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Mini Storage - 140 units
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $130000
Net Profit / Cash Flow $120000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1991
Number of Employees 1 - 3
Inventory 20000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes
Reason for Sale Want A Ranch
Description This owner operated business is a 141 unit mini storage company. 6 single story steel buildings totaling 14,682 square feet situated on 1.66 acres of beautiful scenic property surrounded by pine trees with a gorgeous view of Mt. Shasta right out your front door. The main home is a nice 1,852 sqft 2 story modern A-Frame with loft. Home can be for owner or can rent for $1,200/mo. Office & 1 bedroom caretaker's apartment (currently rented for $600/mo) is 750sqft, Garage is oversized 24x30 with a furnished upstairs studio loft with a Mexican flair (720 sqft). which rents for $700/mo. There is an automated security gate which is controlled by a state of the art keypad. 20,000 of inventory and assets included, This facility was U-Haul for 6 years and the current owner is a licensed U-Haul Dealer. U-Haul will generate another 24,000-30,000/year if new owner transfers dealership. This owner also sells cargo containers and last years gross sales were 15,000 in addition to the regular storage income. Centrally located in a growing community surrounded by mountains, plenty of fruit trees, located on a dead end road adjoining over 5,000 acres of trees & trails, there is also a pond close by and within walking distance, located between 2 major metropolitan cities; freeway frontage, horse facilities on site, a beautiful place to work, live, and prosper. Please contact for more information on this Mini Storage business for sale. 11% cap rate. scheduled income 13k before U-Haul. OWNER CARRY with 500k down
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