Cold Storage Facility- Price Negotiable

Augusta, GA
Richmond County

Asking Price: Annual Revenue:
$60,000 $80,000

Services: Professional

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RE: Cold Storage Facility- Price Negotiable Broker: Tim Dalton

Quick Facts

Asking Price: $60,000
Annual Revenue: $80,000
Net Profit: Not Disclosed
Cash Flow: $30,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1963
Employees: 2
BBN Listing #: 347348041
Broker Reference #: IBB985

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Business Overview:

Established in 1963. This business has been servicing their loyal customers for 55 years and under current ownership for the last 28 years. Their primary service is fur storage, and they offer additional services such as fur cleaning, monogramming, repair, consignment, as well as storage of wedding gowns, and wool garments. This business is not only unique, being the only exclusive fur storage facility for 100 miles, but also allows for semi-absentee ownership. Currently operating with 2 part time employees working Tuesday- Friday 10am-4pm. One of the most appealing aspects of this business is the secure cold storage vault. This vault is 2,352 square feet with 12 feet ceilings and the climate control system is only 2 years old. Historically their fur storage business has been limited to the local Aiken/Augusta area, this could be vastly expanded. Customers could easily ship their furs, wool garments, and wedding gowns to expand this business nationally. The vault also has the potential to store much more than furs and garments. You could expand this business into storing items such as wine, pharmaceuticals, medical essentials, artwork, film, documents, or any other heat sensitive products. Climate controlled storage is essential to protecting the integrity and extending the lifetime of valuables and this facility definitely has room to expand its storage capabilities.

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Reason for Selling:

Seller retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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