Asking Price:

$145,000

Gross Income:

$30,000

Cash Flow:

N/A

EBITDA:

N/A

FF&E:

N/A

Inventory:

N/A

Real Estate:

$120,000.00 *

Year Established:

2002

Employees:

1

Business Type:

Storage & Warehousing

* included in the asking price

Business Description

Here is an opportunity to own a business that is profitable and which takes minimal time and effort to operate. The business consists of two 100 x200 buildings with movable walls to create 50-60 self storage units. Being located in a residential area close to Buckeye Lake creates opportunities to rent units to locals as well as seasonal tenants. Prior to the economic downturn, occupancy was 100% and is currently at 75% with no marketing or advertising. The only operating costs are a telephone, taxes of approximately $1,600 per year and insurance of approx. $600 per year.

Detailed Information

Facilities:

Newer storage facility 50-60 storage units

Competition:

One in immediate area with room to expand

Growth/Expansion:

Land adjacent to this facility is for sale to allow for expansion. In addition, because this business is located in a resort and residential area, the land could be used to develop any consumer driven business such as a fast food franchise, beverage store/drive thru or restaurant.

Financing:

None

Support/Training:

Yes, seller to provide support as required

Reason Selling:

Other business interest