Business For Sale

Storage Business


Ref: GI053
Location: Essex, England
Asking Price: £1,250,000
Annual Turnover: £200,000

Annual Net Profit: Not Set
Gross Profit: £0
EBITDA: £138,000
Premises Type: Freehold

Business Description

Business Profile

We are offering for sale a very well-established business originally founded in 2010 to provide storage facilities to the local Essex region as well as further afield. The property has been owned by the shareholders for 40 years.

 

The business has had an enviable track record of growth with an experienced operational team, consistent turnover, and profit margins.

 

Demand is consistently exceeding supply at present and there is a large waiting list.

 

The business provides easy access personal self-storage from 10 square foot to 600 square foot, individual units, or a combination to create flexible and more customer specific solutions.

 

The site can also provide secure document storage and flexible office space in an lovely location.

 

The owners have been running the company for many years and although reluctant to sell are now keen to retire.

 

There are 2 members of staff employed across the business, one full time.

 

Customers

The business has a large and loyal customer base ranging from local individuals or

families to companies storing a range of items both inside and outside.

There is hard standing for caravans, RV’s, boats, and trailers as well as flexible office facilities with dedicated parking.

 

Technology

All necessary software (sage) and digital equipment are in place to run a successful storage business and a full inventory of equipment is available to all genuinely interested parties.

 

Security

This is clearly of paramount importance on any storage site.

The property is fully secured with palisade security fencing, electronic gate entry system, Secom remote monitored security, On site video camera recording system, and physical on-site security day and night.

Confidentiality Form / NDA

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Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into.

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler

Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 0333 1234562 | Facsimile 01895 678532 | Email info@turnerbutler.co.uk | Website www.turnerbutler.co.uk

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