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Low Risk Absentee Storage Business, Real Estate for Sale in West Side of Big Island

Reference #: 41030296
Location: West Side of Big Island
Price: $1,200,000
Amount Down: $1,000,000
Revenues: $494,731
Discretionary Earnings: $170,502
Total Assets: $777,000
Business Description:

This business offers a unique and comparatively lower risk investment opportunity for a broader spectrum of the market than most businesses for sale.  Though primarily in the self-storage industry, this business has three segments that generate revenue, each complimenting the next in terms of the business model.  The two primary segments of the business are more traditional and do posses certain competitive advantages that make them a solid investment.  The third is a relatively new to market service that has excellent potential and is already proving a solid and sustainable business model. The business as a whole has generated on average, over $170,000 in the past two years, and 2008 is on track to be the best year ever.  All aspects of the company are fully staffed for day to day operations, and the owners combined only put in 0-10 HOURS PER WEEK!  Due to the nature of the business model and organizational structure put in place by the owner, this business makes for a solid absentee prospect for an investor or a great turn-key operation for a new owner operator.    Due to confidentiality concerns, specific details about the business are withheld for qualified buyers who have signed a Non-Disclosure Agreement, to whom complete financials and a 27 page Confidential Business Profile will be made available to.   As a closing note, to back up the purchase price, the sale includes a valuable master leasehold valued at $777,000.  This figure does not include the significant asset value that the business segments themselves posses.  These asset values combined with the stable and somewhat low risk cash flows make this a solid third party financing candidate.  All in all, this is a well rounded opportunity with excellent investment prospects.  So if you are looking for a well grounded and easy to operate investment or business in paradise, then this is a quality of life opportunity you don't want to miss! 


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.