Services - Storage & Warehousing

Asking Price	$319,000	Inventory
Gross Income	$62,000	Real Estate
Cash Flow	$39,500	Year Established	1978
FF&E	$2500*	Employees	N/A

* included in the asking price

** not included in the asking price

Very nice 140 unit mini-storage is located where self-storage is in high demand. Business is well established, has the lowest rates in the area, and is in good condition. Mini-Storage consists of 140 non-climate controlled units located on about a 1.607 acre lot. Business has 7 buildings for a total of about 16,050 sq ft. Occupancy is high and has potential for growth. Owner had originally planned construction of a 7,500 sq ft climate-controlled facility, but decided to pursue other business interests. Business has lots of room for expansion. Mini-Storage is fully enclosed with a chain link fence and gated access. A security system is in place with room to add more cameras. Also, improvements to this property such as the addition of 7,500 sq ft of climate-controlled storage may qualify the business for GOZone benefits. This would allow the owner to accelerate the depreciation of improvements to the property at a rate of 50% in the first year. For example, a $200,000 improvement to the property may result in a $100,000 tax write-off in the first year. Business is located off a very high traffic highway in a good location. Business has convenient access to a major interstate. Business is located in Southwest, Louisiana, in a town that is not far from a major Louisiana city with all the amenities. Town has all the old southern charm. Town has affordable housing, many with large or acreage lots. Town has good schools, and is a great place to live and raise a family. Seller has other business interests and is ready to sell. Seller is highly motivated and will seriously consider and promptly respond to all reasonable offers. Seller is open to substantive offers. Seller will train new owner on this very easy to own and operate business. Business is ideal for the absentee owner, semi-retired, or mom with young children. Mini-Storages of this quality are in high demand. Act fast, this one won’t last long!!! Come see, make offer.

Facilities: 16050 sq ft

Support/Training: Available

Reason Selling: Other Business Interest