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Business For Sale
SELF STORAGE FACILITY ON 4.5 ACRES IN LAGRANGE, GA
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Asking Price: |
$2,950,000
USD USA Dollars
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Business for Sale Industry: |
Services: Moving, Storage
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Reason for Selling:
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Health reasons |
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Year Established:
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2000 |
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# of Employees:
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1 Full Time, 1 Part Time |
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Yearly Revenues:
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$248,302 |
Business for Sale Overview:
Unbelievable opportunity to acquire well maintained and expanding property located just 8 miles from the new Kia plant with over 20,000 new hires. Property located in expanding area of La Grange, GA. There is a 400 home subdivision under construction right behind the facility (phase 1). Directly across the street are 3 large apartment complexes with over 1,500 units. Road way is under expansion and improvements. Property just completed expansion of climate controlled units.
Property Features and Assets:
In addition to over 34,000 RSF on 3 ½ acres (plenty room for expansion), there is an additional 5,400 Square Feet of retail stores consisting of 8 units (50% full). Also, included in the price is the 3 bedroom home available for either on-site management or an additional commercial rental. Income includes the storage facility, retail establishments and Penske Truck Rental. The rental agreement is for exclusivity in the area. There is no immediate competition servicing the current location.
Market Competition and Expansion:
Around the corner a new shopping center is under construction anchored by Kohl’s and Targets. This area is growing and this opportunity is strong.
Additional Details:
- The property is leased.
- 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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