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United Kingdom Business For Sale

Commercial and Household Self Storage - £1,600,000

East Anglia, United Kingdom

Services: Non-classifiable

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,692,369
$373,614
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2001
1
99614382

Business Overview:

Established in 2001, this business has built up a reputation for being the most convenient and safest location in the area for exclusive and private self storage. Both commercial and household clients enjoy a simple, easily accessible and secure service. Access to this facility is available 24 hours a day, 365 days a year. Currently there are 218 containers on site. Occupancy levels are normally between 80%-90% with 10 feet, 20 feet and 40 feet containers available for rent. A smart card system provides guaranteed security for clients and minimal labor for the owners of the business. Customers vary. Larger commercial clients, provide a regular and virtually a permanent source of revenue, which is topped up by many short term clients, in particular from domestic customers moving home. The business is located ideally in the heart of an Industrial Park. Many of the businesses’ largest clients are located within the immediate area; additionally there are at least three towns within a few miles of the business. The business has responded to customer’s requests and now provides additional services such as racking, lighting, and archiving and also accept deliveries on behalf of their clients. Achieving lucrative net profit of over £190, 000, the current owners have created a business that requires very few man hours and could not be more straightforward to run.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The business is located on a clean, purpose built site. Numerous businesses are situated within the immediate vicinity. In addition to the 218 storage units, there is a reception/office and toilet facilities. Rent and rates add up to only £8,000 per annum.

Market Competition and Expansion:

The business has built up an excellent reputation within the area. Word of mouth referrals are very common. The business has high levels of occupancy which clearly reduces the need for high profile advertising. Currently only yellow pages and yell.com carry regular advertising for the business. There are many options to increase business levels through marketing. Direct mail, radio and local press are three obvious routes that could be pursued.

Reason for Selling:

other business interests that he wants to focus on

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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