Seller's Contact Information
- RE: Fire Sale For Local Storage Unit Franchise Loc.
- Contact: Matt Friscia
Quick Facts
Asking Price: | $700,000 | |
Annual Revenue: | $472,601 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $76,533 | |
Total Debt: | Not Disclosed | |
FF&E: | $201,366 | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 1 | |
BBN Listing #: | 26562804 | |
Broker Reference #: | 041621-839836 |
Business Overview:
This franchise offers large portable containers similar to PODS with over 190 containers as part of their inventory. Currently there are no franchise restrictions in the state of Illinois. This business is looking to sell full ownership and assets. Current rental rate is over 75% with capacity available. Assets of the business include a large truck to move the containers, a mini-forklift used to place the containers in almost any location and a large, specific fork lift to move the units within the climate controlled warehouse. The cost to start up the size of this franchise is approximately $1.5M. The storage business continues to grow by leaps and bounds. This business is not only tied to the real estate industry! These containers have been used for many purposes such as charity drives, large sporting events, and by UPS. The assets alone are worth over $1M! MOTIVATED SELLER. This business is ideal for anyone that already has a warehouse to park some of the containers that need to be indoors. Rent is the biggest expense currently. 20'-24' feet. or 28'-32' feet is the idea warehouse height for this business.
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Property Features and Assets:
Monthly Rent: $18,354.15 Square Units (Foot, Meter): 30,000 Lease Expiration Date: April 30, 2026, 12:00:00 AM Terms Options: 5 year option FF&E Overview: 2019 Toyota Hino 258Alp, Forklift -2013 Hyster H190 HD2, Robotic Arm, 195 large storage containers.
Market Competition and Expansion:
Potential Growth: Practically unlimited based on the size of the territory and the amount of contain inventory available.
Reason for Selling:
Owner pursuing other business ventures
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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