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The Wall Street Journal Online

Mobile Storage Business

New Haven County, Connecticut

Photo Available
Asking Price:
$175,000
Gross Income:
$50,000
Cash Flow:
$40,000
EBITDA:
N/A
FF&E:
$175,000.00 *
Inventory:
N/A
Real Estate:
N/A
Year Established:
2007
Employees:
0
Business Types:
Freight, Moving/Delivery
Storage & Warehousing

* included in the asking price

Business Description

Business provides a mobile storage service to customers at $150 per month. Metal storage containers built to owner specifications are stored at the owner's premises and delivered/retrieved by the Company via a flat-bed truck. Established by the owner in 2007, sales for the year 2008 were roughly $50,000 without much personal attention by the owner. Expenses incurred are for truck expense (fuel and repairs), rental of a yard if required, property taxes on equipment, insurance, telephone and office expenses. This is a part-time business with no added payroll required. It is a satellite of a larger business of the owner run on his existing premises. Total price of the business is $175,000 cash and includes a flat-bed truck with 15,000 miles on it plus 25 metal storage containers. Another 25 storage containers will be retained by the owner and sold to the purchaser at $4,000 each on an as-needed basis as the business grows.

Detailed Information

Facilities:
Facility where business is currently located is a section of the grounds where owner has another business. If purchaser has excess storage capacity available and no additional rent needs to be paid to store the equipment, this would be the ideal.
Competition:
Competition exists but will not be a factor if purchaser concentrates on growing the business.
Growth/Expansion:
Business is really just getting started so a strong marketing and advertising effort by the purchaser will be a good place to focus on initially to grow the business.
Support/Training:
Owner will provide all necessary training to purchaser.
Reason Selling:
Owner is operating another business and needs to free up some time.
Contact Seller

Broker Information

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Business For Sale Listed By

Bob Capozzi
VR Business Brokers/Venture Group Partners
203-878-0554

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Ad#: 472003

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