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Freehold Self Storage Company For Sale
Location United Kingdom
Asking Price Range $500K - $1.0M
Gross Revenues $122084
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Our client wishes to take a well earned retirement.
Description Freehold Self Storage company specializing in storage solutions for businesses and private clients. A wide range of 92 metal fabricated storage containers. Confidentially offered for sale.
Location: Dudley West Midlands
Freehold
Asking price: 300,000
In 2004 our client established the business with the primary reason to see him through to retirement. The business has grown out of all recognition culminating in a true walk in and trade business option.
The business operates out of its freehold premises on a modern and secure industrial estate, with good excess and quick links to the motorway networks; this gives the storage and distribution element a distinct advantage when pitching for new business. The premises are over circa 5000 square feet with a mezzanine floor increasing the total storage space to circa 10,000 sq ft. The premises have been totally refitted with 92 storage units ranging from circa 20 sq ft to circa 175sq ft; these are suitable for small items up to the larger units which have the capacity of storing the contents from a typical two bedroom house. All the steel fabricated units are fully lockable and secure with the addition of CCTV within the premises and CCTV covering the grounds of the industrial estate.
The company has a list of blue chip retailers that have long term storage contracts; these are based on a storage and re-distribution to the local stores. The business currently enjoys an 80% rental of the containers, giving the business flexibility to increase on its short term storage and distribution clients.
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