Business For Sale Listing 110047
Mobile Mini Storage
Status as of Dec-4-2008 at 06:08 PM: Off The Market
Business Summary
Nationally Franchised portable mini storage business has acquired the franchise rights for the metro Baton Rouge market and the metro New Orleans market which includes the Northshore area (St. Tammany, Washington, and Tangipahoa Parishes). The sale includes a truck and 70 portable storage units (containers) of which 65 are currently rented. Business started marketing in May 2006 and has shown good growth since then. Company currently has a 4 acre “yard” with an approximately 1,000 square foot building that they rent. The building is used as an office and for maintenance. The yard is used to store units that renters want stored off their premises. If buyer had a location to relocated business, monthly cash flow could be increased by just under $4,000. Business can be relocated anywhere in the franchised territory.
The truck and storage units are virtually new as they were acquired new at startup. Seller has had a similar, very successful operation in a distant state for a number of years. They have found this operation to be too difficult to manage from their other location and are highly motivated to divest it. This is an excellent acquisition opportunity for someone in the real estate based mini storage business. With an owner operator which would cut administrative costs and with a more aggressive marketing plan and effort, the profit potential is exceptionally strong. There is a very strong demand for storage in the area because of the effects of Hurricane Katrina.
Both the seller and the franchisor will thoroughly train the new owner on this very easy to own and operate business. Seller is motivated to sell and will promptly and seriously consider and respond to all reasonable offers. Come see, make offer. Cash in on the Katrina Reconstruction gold mine!!!
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Industry
Location
Financials
| Sales: |
Not Disclosed |
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Not Disclosed |
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Cash Flow |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($395,000) |
