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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Self Storage Company
(Services)
Montgomery County , PA
Listing ID: SVS389

Listing DetailsGross Revenue: $ 223,511
Cash Flow: $ 140,000
FFE: $ 275,000 (Included in Price)
Inventory: $ 1,000 (Included in Price)
Reason for Sale:

Owner is involved in an alternative business.


Training & Support:

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.


OperationsYear Established: 1993
Days & Hours of Operation: 365 DAYS 24/7
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 30000
Facilities:

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.


SummaryBusiness Description:

Modern highly 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 and a dependable net yearly income of $145,000 prior to debt service. 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. Regarding employees and payroll, based on the type of industry and service, no employees are required for this business opportunity. The business fixed assets has an estimated value of approximately $275,000 which is based on the original equipment, licensing buildout & replacement cost. This successful storage business operation is conveniently available to its customers 24 hours per day and seven days per week. 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 and based on the asking price, required down payment and yearly net income, this business opportunity expects to supply a consistent return on investment to the owner operator. 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.


Competition:

Regarding competition, 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.


Potential Growth:

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.


Financing/Terms:

Is available to a qualified buyer with an appropriate down payment.