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Mobile Storage Business for Sale in Southern Connecticut

Reference #: 05221609
Location: Southern Connecticut
Price: $175,000
Amount Down: $175,000
Revenues: $50,000
Discretionary Earnings: $40,000
Total Assets: $175,000
Business Description: Business provides a mobile storage service to customers at $150 per month.  Metal storage containers built to owner specifications are stored at the owner's premises and delivered/retrieved by the Company via a flat-bed truck. Established by the owner in 2007, sales for the year 2008 were roughly $50,000 without much personal attention by the owner. Expenses incurred are for truck expense (fuel and repairs), rental of a yard if required, property taxes on equipment, insurance, telephone and office expenses, etc. This is a part-time business, no added payroll required. The current set up is that the business is a satellite of a larger business of the owner run on his existing premises.Total price of the business is $175,000 cash and includes a flat-bed truck with about 15,000 miles on it plus 25 metal storage containers. Another 25 storage containers will be retained by the owner and sold to the purchaser at $4,000 each on an as-needed basis as the business grows. It would obviously be an advantage if the purchaser has a large personal or business facility where the equipment can be stored without renting additional space.

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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.