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Business For Sale
SELF STORAGE, MINI STORAGE-POSSIBLE ABSENTEE OWNER
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Asking Price: |
$850,000
USD USA Dollars
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Business for Sale Industry: |
Services: Moving, Storage
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Yearly Cash Flow:
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$83,239 |
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Yearly Gross Income:
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$94,338 |
Business for Sale Overview:
This self storage facility is in a unique location, protected from future competition. The cash flow should allow for repayment of debt, good take home money, building of real estate equity and appreciation, and an exciting future. Seller may consider some financing depending on circumstances. Twenty five to thirty year financing amortization should be available.
Market Competition and Expansion:
Competition: The self storage facility has no prime competitors, and will not have any in the future because of zoning issues.
Growth and Expansion: New owner can convert existing capacity to climate controlled which would allow a higher rental value. There are 2 apartments on site which can be renovated or converted to storage to bring in additional cash flow.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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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