Business for sale in United Kingdom – West Midlands – England – Gi042-commercial and household self storage facility

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Business for sale in United Kingdom - Gi042-commercial and household self storage facility

Asking Price: 495,000 £ Real Estate: Lease
Sales Revenue: 250,000 £
Net Profit: 75,000 £
Year Established: 1992
Employees: 4FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/England/West Midlands

Business types:

Transportation & Warehousing

Business categories:

Storage & Warehousing

Business description

established over 20 years ago this multi-faceted business provides a range of storage solutions to a whole host of commercial and private customers within the west midlands conurbation. The company has three main revenues streams and these are: • self storage provision from a large, highly secure and accessible site (circa 1.25 acres) • container rental where containers can be hired, delivered to and collected from customer sites • container sales (new and used). The self storage facility operates from an ideal, safe and secure leasehold site that boasts 24 hour manned security, cctv and floodlighting. The site has excellent access and is suitable for both commercial and domestic vehicles. The company has a good range of containers (approximately 80-100 at present, sizes from 10-40 feet) and loyal customers include both large and small companies(public and private sector), as well as households. The business currently has circa 60 regular self-storage customers. Self storage accounts for circa 45% of current revenues. Off site container rentals currently equates to circa 45% of revenues (the business currently has some 50-60 regular rental clients). This company can arrange haulage delivery and collection services for customers as well as offering site surveys prior to delivery to ensure there are no restrictions of safety issues. The remaining 10% of revenues coming from container sales(new and used). Access to the storage facility is available 24 hours a day, 365 days a year. Occupancy levels are good (circa 70%) with 10ft, 20ft and 40ft containers available for rent. Individual key holding provides additional security for clients and minimal labour for the owners of the business.

Additional information

Additional information: Not Disclosed
Support & training: The current owners will provide all necessary training and all relevant contacts to allow continuity of trading
Reasons for selling: Genuine retirement sale
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Rent is circa £40,000 p.a. including security and all bills. Rates are circa £13,000 p.a.
Location: The business operates from leasehold premises. The site is circa 1.25 acres and includes offices, kitchen, toilets plus workshop area circa 500 square feet . The site has a manned security checkpoint with barrier, floodlights and CCTV system. The site is ideally located for this type of business and has excellent access and security.

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