Mini Storage Warehouses
Location Louisiana,United States
Asking Price Range $500K - $1.0M
Gross Revenues $58817
Net Profit / Cash Flow $45000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Available.
Reason for Sale Other business interest.
Description Very nice mini storage warehouse has 160 rental units of which 25 are climate controlled. Occupancy consistently runs about 80%. Business is located on a very high traffic, 4 lane highway which is one of the main roads in town. In addition to the warehouse units, real estate included in the sale includes an adjacent lot of about 100 feet by 400 feet. At one time it was rented for $1,000 per month. It would be excellent for development of an open air storage area. Open air storage is becoming a very popular, hot item. Also included on the property is a double wide mobile home. It was once rented for $850 / month. It is now occupied by an employee.
Rental rates are the lowest in the area and could most probably be increased to generate additional revenue. This is an ideal business for an owner operator, the semi-retired, or a mom with young children. Seller is motivated to sell and is open to substantive offers. Seller will seriously consider and promptly respond to all reasonable offers. Come see, make offer. Contact for more information on this Mini Storage Warehouse business for sale.
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