Award Winning Private Vault Business

Sandy, UT (Salt Lake County)

Seller Financing Available
Award Winning Private Vault Business

Asking Price:$99,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$100,000

Inventory:N/A

Established:2011

Award Winning Private Vault Business

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Business Description

This private vault company offers safe, secure and anonymous storage for all types of valuables. Clients are able to store their most unique items in this facility, with the peace of mind, anonymity and convenience offered nowhere else in Utah. This business takes an alternative route to a bank system deposit box or storage unit where individuals are able to store valuables at the highest level of security. There is 24 hour surveillance and retinol scanned entry. They have created a facility that allows their clients to have access to their valuables 24 hours a day, 7 days a week. Storage boxes and units come in a variety of sizes and prices.

Detailed Information

Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This private vault company offers safe, secure and anonymous storage for all types of valuables. Clients are able to store their most unique items in this facility, with the peace of mind, anonymity and convenience offered nowhere else in Utah. This business takes an alternative route to a bank system deposit box or storage unit where individuals are able to store valuables at the highest level of security. There is 24 hour surveillance and retinol scanned entry. They have created a facility that allows their clients to have access to their valuables 24 hours a day, 7 days a week. Storage boxes and units come in a variety of sizes and prices.
Competition:
There really is no competition for this type of service and product in Utah and very few competitors Nationwide. Commercial banks offer safety deposit boxes, but they limit access for customers, who are also required to comply with heavy regulations and disclosures.
Growth & Expansion:
• Current owner has done very little advertising due to a family crisis. • Secure, large storage area in back of facility offers a untapped opportunity for larger items. • Currently only running at 10 % occupancy. • Several corporate clients have already been identified as prospects.
Support & Training:
2 weeks
Reason for Selling:
other opportunities

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Saul Komisar

Business Listed By:
Saul Komisar

Transworld Business Advisors of Utah

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