Pine Bluff Mini Storage, w/Real Estate Included
| Asking Price: | $495,000 | Inventory: | $1,000 ++ |
| Gross Revenue: | $425,000 | Real Estate: | n/a |
| Cash Flow: | $25,700 | FF&E: | $25,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is a tremendous investment opportunity. 255 units, 24,500 square feet on 4.6 acres of land. Plus a 6,200 square feet building partially occupied as office for the storage facility. Previously this building housed a restaurant, washateria and presently includes a small apartment.
The building is on a busy street with a high traffic count and has good visibility. The office building could generate extra income by being rented as executive offices, a retail consignment area or many other miscellaneous uses. A quarter of the land area could be utilized to earn additional income, for example as truck rental, used cars, etc. Further income could be generated by adding a sign in front, offering specials, and being open every Saturday.
100% occupancy for the mini storage units alone would be $10,175.00 per month. Equipment cost is when purchased new. The revenue and earnings for 12 months is based on the first six months of 2009. Sale price includes the real estate. Call or email today for more information.
The building is on a busy street with a high traffic count and has good visibility. The office building could generate extra income by being rented as executive offices, a retail consignment area or many other miscellaneous uses. A quarter of the land area could be utilized to earn additional income, for example as truck rental, used cars, etc. Further income could be generated by adding a sign in front, offering specials, and being open every Saturday.
100% occupancy for the mini storage units alone would be $10,175.00 per month. Equipment cost is when purchased new. The revenue and earnings for 12 months is based on the first six months of 2009. Sale price includes the real estate. Call or email today for more information.
About the Business
Year Established:1985
Employees:1 full time -
Facilities:6,200 sq. ft. building; included in sale price
About the Sale
Management Training and Support:Seller will provide training
Reason For Selling:Other Family Matters
Seller Financing:Seller will negotiate financing
KEYWORDS: storage, mini, service, real estate
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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