Self Storage Co.

Not Disclosed, PA
Montgomery County

Asking Price: Annual Revenue:
Not Disclosed $233,729

Services: Moving & Storage

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RE: Self Storage Co. Broker: Ron Cervelli
Owner Financing is Available!
May be considered to a qualified buyer with an appropriate down payment.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $233,729
Net Profit: Not Disclosed
Cash Flow: $173,378
Total Debt: Not Disclosed
FF&E: $375,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 25473909
Broker Reference #: SVS416

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Business Overview:

Profitable 200-unit self-storage company, which includes the assets, licensing located in an affluent area of Pennsylvania, Montgomery County. The business has a consistent gross income of $233,729 prior to debt service. The business is ninety percent (90%) occupied. Whether you have a lot to store or a little, they have space and offers modern self-storage units for short- or long-term rental consisting of a variety of sizes. Their 30,000 square foot self-storage units are perfect for any situation, short or long storage, convenient loading area, and climate-controlled units and seven day a week use are some of the benefits. Their tenants appreciate easy access to local roads and highways. The facility is available to their tenants 365 days a year for maximum convenience and they commit to providing a clean, ready-to-rent unit and friendly helpful service. For Qualifications purposes, this business opportunity industry does not require government licensing approval to purchase or operate other than the standard required municipal licenses. This business opportunity has been priced based on the asset value and the multiple of the net yearly income. Also, possible bank financing should be available to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable safe business opportunity. Please do not disturb business, this sale is confidential, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

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Property Features and Assets:

This storage facility which consist of approximately 30,000, square feet have a clean and modern appearance. The facility units are access controlled, well-lit, and continually monitored and is routinely protected with a personal lock. The customers items are close by with convenient storage in the general neighborhood with on-site parking and loading docks available. The building consists of a free-standing commercial structure with various other active and successful businesses in the general area. This opportunity is in Eastern Pennsylvania, Montgomery County, which consists of various highly populated communities and businesses with continued demand for this service. The property total square footage is 33,368, acres .9602, steam heating system, yearly property taxes $17,372.

Market Competition and Expansion:

To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business can be further expanded by the new operator with an improved marketing plan for local advertising, optimize its existing web site which will can further develop the business yearly gross sales.

Reason for Selling:

The sale is due to the owner’s involvement in alternate activity.

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.

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