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Listed by:

Capital Business Solutions

Outdoor Storage Business With Real Estate In Florida For Sale

Florida, US
Asking Price:
$13,000,000 Furniture / Fixtures included
Sales Revenue:
$835,197
Cash Flow:
$760,932

Profitable & highly sought after outdoor self-storage business with attached real estate included. High barrier to entry location, with minimal competition. Simply run operation, only one part-time employee. Automatic payments from customers each month. Recurring revenue, Many long term tenants in place. All nearby outdoor storage facilities are fully occupied. Current tenants paying below market rents, numerous ways to increase revenue significantly.

Property Information

Real Estate:

Real Property Included

Location:

Florida

Business Operation

Expansion Potential:

Steady growth over past 3 years, continuing to trend upward. All long-term tenants are on steady rental rate increase of 3% per year, but still month to month. Tenants currently pay significantly below market rental rates.

Competition / Market:

The self-storage market was valued at USD $87.65 billion in 2019, and is expected to reach a value of USD $115.62 billion by 2025, registering a CAGR of 134.79% over the forecast period of 2020-2025. The growth in this industry is expected to be positive during the forecast period, owing to the trends of increased urbanization and improved economic outlook across the regions.

Reasons for selling:

Retirement

Employees:
1
Years established:
na

Other Information

Support & training:

4 weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

To Be Discussed

Furniture / Fixtures value:
$219,000 - included in the asking price

Contact Capital Business Solutions

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