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  • RE:  Self-Storage SaaS And Marketing Services Company
  • Contact:  Ashish Bhatt

Quick Facts

Asking Price: $14,600,000
Annual Revenue: $3,558,573
Net Profit: Not Disclosed
Cash Flow: $624,649
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 326826891
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

Specializing in providing SaaS and marketing services to the Self-Storage industry, the company offers digital marketing, website design, SEO, and software technologies tailored for self-storage companies and collaborates with self-storage businesses to facilitate their growth by offering digital marketing expertise and self-storage tools.

In 2023, the company has achieved $3.5m in sales, with $3.0m (84%) in monthly recurring revenue (auto-paid MRR with no AR). In 2022, total sales were $3.2m and the Seller Discretionary Earnings (SDE) was around $765k. Based on the management projections, it is expected that the company’s total sales will reach $4.2m by the end of 2024, with $3.5m in MRR – this represents a +18%, and +19% year-on-year increase, respectively. 

MRR derived from SaaS represents 70% of total revenue, and Search Engine Optimization (SEO) services represent 30% of total revenues (as of Aug 2023).

A notable product in their portfolio is their proprietary API, one of the first integrated move-in software platforms that optimizes revenue, rental security, and facility visibility. The company’s innovative solutions have earned them the 2021 and 2023 ISS Best of Business Most Innovative Product Award and recognition as Best Marketing Services. They are also a licensed Google Partner.

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Market Competition and Expansion:

The company introduced a pioneering fully integrated move-in software, eliminating the need for human interaction during rentals. With advanced biometric verification and access to a prominent ID database, they ensure secure identity confirmation. Proprietary coding enables clients to monitor real-time competitor pricing, while their effective SEO strategies drive increased website traffic, enhancing revenue potential. Moreover, the company offers a unique move-in e-commerce platform with full shopping cart technology, streamlining rentals and capturing abandoned bookings, setting them apart in the industry. The company introduced a pioneering fully integrated move-in software, eliminating the need for human interaction during rentals. With advanced biometric verification and access to a prominent ID database, they ensure secure identity confirmation. Proprietary coding enables clients to monitor real-time competitor pricing, while their effective SEO strategies drive increased website traffic, enhancing revenue potential. There is also a move-in e-commerce platform with full shopping cart technology.

Reason for Selling:

Retirement

Additional Details:

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

Documents:

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