Ouachita County, LA Moving and Shipping Businesses For Sale

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Long Standing Self Storage Units with Semi Absentee Ownership in NE LA
$190,000Cash Flow: $23,328
Long Standing Self Storage Units with Semi Absentee Ownership in NE LA

Monroe, LA

Sunbelt Business Brokers of Northeast Louisiana present an opportunity in Northeast Louisiana to own and operate a self-storage business that was established approximately 20 years ago and maintains an occupancy rate of nearly 90%. This business and property includes 60 (sixty) units which are all 10’x10’ and have required little to no maintenance over the last several years. The property is very clean, well maintained and kept so the new owner will have very few or any immediate tasks upon taking over the operations of this well-established and easy to run business The business is overseen by the current owners so the only other annual expense besides maintenance incurred is property taxes which will keep the great majority of cash flow available for the buyer. The property is located adjacent to a busy local highway providing plenty of traffic to help keep these units stay full all year long. These units are available to its customers 24 hours a day 7 days per week. The rental rates currently offered by the current owners are well below market rates for similar units so there is an opportunity to increase prices under new ownership. Though this business is very easy to operate the current owner is willing to provide an ample training and transition period to assist the buyer(s) in moving forward. The current owners are seeking to sell this business as they have reached an age where they are liquidating some of their assets so they can move forward with a well-deserved retirement. This is a confidential listing so additional information will only be made to potential buyers who sign a confidentiality agreement. So call or email today for more information, please contact Ray Jennings at (318) 435-8770 or email ray@sunbeltbuysell.com. **Agent is sponsored through Sunbelt Business Brokers of Alexandria, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contact agent directly for more information.

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