Portable Storage business for sale
Pender County, NC
| Asking Price: | $1,200,000 |
| Inventory: | $2,500 |
| FF&E: | $800,000 |
| Gross Revenue: | $475,000 |
| Rent: | $11,498/Month |
| Established Year: | 2021 |
Listing ID: 2261283Listing provided by BizBuySell
BUSINESS DESCRIPTION
Good business in a great market
Wilmington territory of national portable storage franchise. Owned territory covers from Calabash up to Wilmington and then up the I-40 corridor and includes all of Johnston County. Currently leasing warehouse in Wilmington area as well as a small location in Johnston County.
Services offered include on site storage, warehouse storage, local and long distance moving. Assets include 2 trucks and delivery systems -- Peterbilt 337 strait truck with custom bed, RAM 4500 with goose next custom trailer, 2 Cardinal Mules, Toyota 15500 lb triple mast forklift and 159 portable storage containers.
DETAILED INFORMATION
Location
Pender County, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
20,000
Lease Expiration
01/09/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Currently leasing 20,000 sq ft warehouse with 30 foot ceilings and can stack containers 3 high. We currently sublease a portion to 3rd party for $6595/mo.
In the Johnston County area, we lease space on an old hog farm. Parking and limited storage is inside a drive through building. There are 2 trucks with 2 delivery systems, 159 portable containers and a triple mast forklift.
All equipment, containers, delivery systems, tools, inventory, furniture, computers, etc with the exception of the phone system is owned 100% and is included in the sale.
Competition
There are a number of national and local competitors in the market which speaks to the health of the area for this industry. Wilmington and Johnston County are among the fastest growing areas in North Carolina. Our containers are the highest quality and most weather resistant in this industry. There are a couple competitors who have the same or very similar containers but no one has a better container. Our delivery solution is the most versatile in the industry as well.
Growth & Expansion
There is plenty of opportunity for growth in the commercial side of the business but it would require a lot of outbound sales efforts.
Support & Training
Will provide whatever training and support is required or requested. The Franchise will also provide training at their location in Charleston, SC.
Reason for Selling
I currently live in Raleigh, NC and have come to realize that the distance is a
Franchise
This business is an established franchise
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