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Listing Number: 3866
Summary - SOLD Self Storage Business with Real Estate
Covid-resistant, 7% cap rate, steadily increasing profitable & highly sought after outdoor self-storage business for sale. Real estate included in price, 20+/- acres. Requires less than one part-time employee. Owner financing with 40% down to qualified buyers. Being sold as a package deal with additional business opportunity (details available separately).
Listing Broker
Jonathan-Barak
Business Intemediary Specialist
Phone: 954-596-8060
Email:
[email protected]
- Category: Storage & Warehousing
- Asking Price: $13,000,000
- Gross Sales: $1,020,000
- Cash Flow: $901,129
- County: Palm Beach County
- Area: Lake Worth
- FFE: $ 40,000
- Inventory: $0
- Real Estate: $8,000,000
- Employees: 0 - Full-Time 1 - Part-Time
- Facilities: Out door storage facility
- Relocatable? No
- Home Based? No
- Market Notes: Rarely are profitable businesses supported by one part-time employee.
- Growth Notes: With the influx of new residents to Palm Beach County, storage facilities are in high demand .
- Support Training: 4 weeks
- Year Established: 1981
- Financing Terms: Owner financing with 40% down
- Reason for Selling: Retirement
- Inventory Included: No
- Is Franchise No
- Lender Prequalified Yes
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? Yes