Self Storage Business | Diverse Revenue Streams
Listing: #BOP00690Steve Catley
Broker | Bay of Plenty

About this Business for sale in Bay of Plenty
Self Storage Business | Diverse Revenue StreamsSelf-Storage Business - Strong Trading History, Minimal Competition, Diverse Revenue Streams
This is an excellent opportunity to capitalise on a well-established business in the lucrative self-storage industry. With a dominant market position in a large BOP town, great reputation, diverse customer base and multiple growth opportunities, this business offers both financial stability, along with the prospect of expansion and revenue growth.
The business currently adopts a ‘passive income’ operating strategy which requires minimal management input, employs no staff and utilises a contractor to undertake tasks as required.
Whether you are a hands-off investor or possess the skills and inclination to actively manage the business, this is a great opportunity with considerable potential.
Business Features:
- Well-established business, minimal competition, barriers to entry
- Caters to customers with either a single or multiple storage needs
- Advantageous location
- Strong financials and substantial growth
- Annual Net Revenue- $330,000
- Tangible Assets- circa $570,000
- Stock- $100,000-$250,000
- Loyal and diverse client base
- Multiple income steams - storage and sales
- Exceptional reputation
- Significant growth opportunities
- Well-rounded marketing presence already in place, opportunity to further expand and refine the marketing strategy
- No employee’s to manage
- High level of security, well fenced with security cameras for monitoring the site when absent
- Negotiable (new) Lease terms
This business can be managed as either a passive investment or by an owner/operator focused on growth. It is an enticing opportunity for prospective investors seeking a combination of factors that make for a sound investment choice.
Don’t let this opportunity pass you by, enquire now!
Steve Catley, 021 341 117, steve.catley@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.