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Business For Sale

Self Storage w/Growing Profits & Great Location

Thurston County, WA

Services: Moving, Storage

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$4,300,000
$402,096
Not Disclosed
$299,300
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
2
632332903
Owner Financing is Available!
Seller will consider with sufficient down and buyer qualification.

Business Overview:

- Constructed in 2006. - Third party managed provides an owner operator the opportunity to return $50,000 to $80,000 to net profit. - Current owner has increased the per square foot rental returns thus increasing fiscal performance and providing for added efficiency and profitability. $3.97 per sq. ft. in 2010 to $4.26 per sq. ft in 2011 (annualized), could be much higher with owner operator. - Very well maintained property, books, and records. - Full reports available for due diligence upon engagement of mutually agreed to P & S Agreement. - 417 units. - 62,820 sq. ft. of rentable space. - 69,400 sq. ft. of paved access. - All ground level access. - 3.82 Acres. - Temperature Control Capabilities. - Third party managed provides an owner operator the opportunity to return $50,000 to $80,000 to net profit. *Owner will consider and equity trade for ranch/farm/timper/agricultural property.

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:

This business was built in 2006 and is impeccable condition with ample parking and full security. A more complete and modern self storage business would be a significant challenge to find. 417 units; 62,820 sq. ft. of rentable space; 69,400 sq. ft. of paved access; 3.82 Acres. Support/Training: Yes, to be negotiated prior to closing.

Market Competition and Expansion:

This facility is the newest and offers the broadest scope of amenities at competitive rates compared to other storage facilities in the surrounding area. This self storage business is located in an area where the demographics are complimentary to those who commonly seek self storage services, including being in very close proximity to a large military base. An add-blitz is scheduled to take place in the "on-base" newspaper promoting the business.

Reason for Selling:

Other business interests.

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.