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Commercial And Household Self Storage Facility For Sale
Location United Kingdom
Asking Price Range $500K - $1.0M
Gross Revenues $387844
Net Profit / Cash Flow $116353
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1992
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training The current owners will provide all necessary training and all relevant contacts to allow continuity of trading
Reason for Sale Genuine retirement sale
Description Commercial and Household Self Storage Facility
Self Storage, Off-Site Container Rental & Container Sales
Ref.GI042
Location West Midlands
Asking Price œ 495,000
Established over 20 years ago this multi-faceted business provides a range of storage solutions to a whole host of commercial and private customers within the West Midlands conurbation. The company has three main revenues streams and these are:
Self storage provision from a large, highly secure and accessible site (circa 1.25 acres)
Container rental where containers can be hired, delivered to and collected from customer sites
Container sales (new and used).
The self storage facility operates from an ideal, safe and secure leasehold site that boasts 24 hour manned security, CCTV and floodlighting. The site has excellent access and is suitable for both commercial and domestic vehicles. The company has a good range of containers (approximately 80-100 at present, sizes from 10-40 feet) and loyal customers include both large and small companies(public and private sector), as well as households. The business currently has circa 60 regular self-storage customers. Self storage accounts for circa 45% of current revenues.
Off site container rentals currently equates to circa 45% of revenues (the business currently has some 50-60 regular rental clients). This company can arrange haulage delivery and collection services for customers as well as offering site surveys prior to delivery to ensure there are no restrictions of safety issues.
The remaining 10% of revenues coming from container sales(new and used).
Access to the storage facility is available 24 hours a day, 365 days a year. Occupancy levels are good (circa 70%) with 10ft, 20ft and 40ft containers available for rent. Individual key holding provides additional security for clients and minimal labour for the owners of the business.
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