MergerPlace

Portable Storage

Maryland


  • Asking Price: $350,000
  • Gross Income: $250,796
  • Cash Flow: $31,157
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $417,000
  • Listing ID: #221767
  • Established: 2006
  • Employees: 2 PT

Business Description

This portable storage business is a perfect solution for people planning to move, remodel or store property for other reasons such as storing belongings following a storm or fire during the restoration period or temporary storage to de-clutter when selling a home. The company delivers the unit to the business or homeowner's property. The customer takes the needed time to load the unit and then calls for the company to store it or it can be left on site. Portable units save time and money! This business operates under a perpetually renewing reseller agreement with a proven business model. Franchise fee is 6.5%.


Business Details

Primary Business Category: Services - Other Services
Location: Maryland

Company Information

Year Established: 2006
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 2 PT

Financial Information

Asking Price: $350,000
Gross Revenue: $250,796
Cash Flow: $31,157
FF&E: $417,000
Seller Financing Available: No

Property Information

Facilities:

Rent for yard to store units and trucks is $26,000 annually.

Growth & expansion opportunities:

Continue to market and invest in social media. The business is aligned with restoration companies and could continue to grow those relationships in other areas in Maryland.

Competition:

The company differentiates through attentive customer service and affordable prices. Flexibility also helps their customers meet unique needs.

Reason for selling:

Has additional businesses to manage.

Support & Training:

Will train for 4 weeks @ no cost This business offers portable storage with flexible options whether keeping the unit on site or storing the unit until it is needed.

Contact Business Seller

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Business Listed By:

Michele Pouliot

Murphy Business Brokers