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Storage Warehouse & Commercial Rental
Location Louisiana,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $265000
Net Profit / Cash Flow $225000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1979
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Available.
Reason for Sale Health issues.
Description Outstanding mini-storage facilities have about 55,000 sq ft of space that consistently stays 100% occupied. Facilities have been in business for about 30 years, and have an outstanding reputation in the Houma and Thibodaux area. Facilities have 120 mini storage units. There are also 9 commercial rental units, 1 which consists of over 10,000 sq ft that the seller currently occupies that could be renovated into mini storage units. The mini storage units and commercial rental units are located in two separate property locations. There are both at each location. There is also a small retail store included in the sale. Sales for the store are special order so there is no inventory. Mini-Storage is located in a highly visible location just off a main high traffic highway in a very pleasant community that is an excellent place to live and raise a family. The Houma and Thibodaux area is currently sustaining the best economic growth in the United States. Average home prices appreciated 10% higher in 2008. Over the last 4 years average income rose 52%.
Seller is forced to sell this terrific facility due to health issues, and is highly motivated. Seller will train new owner on this very easy to own and operate business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. Come see this excellent business, make offer. Opportunities like this don't last long. Contact for more information on this Storage Warehouse & Commercial Rental business for sale.
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