Storage/ Wharehousing For Sale

Business description

Asking Price: € 795,000 (Leasehold)

• Excellent Storage for Long and Short Term Contracts
• Contracts with Local, National and International Companies
• 24 Hours Access Control System
• Gross Margins Typically 98%
• ROI of Between 15-20% with the Potential to Double Capacity
• Option Available To Purchase Building

Unique opportunity to aquire the largest self-storage company
operating on the costa blanca. High income with gross margins of around 98%, and with potential to more than double capacity and income. Client base of over 250 (corporate and private) and growing!
Established more than five years ago this company is well run andFully fitted out with purpose built storage rooms and 24hr access systems, fully staffed with bi lingual personnel. The company is also a member of the Spanish Self-storage association.
Can be owner operated or with Manager. Offers invited of around 795k."

Characteristics of the business include:
• Low fixed costs and overheads once set up – remaining the same as the business grows.
• Low staffing needs
• High gross margins, typically 98%.

In addition, the company can demonstrate:
• Sales revenue increased by 41% in 2004/05 and by 31% in 2005/06.
• Sales revenue in 2007 up by 10% (demonstrating the need for more storage units)
• Strong relationships with the Bank, suppliers and customers.
• Excellent locations for passing trade, with unrivalled facilities in the Alicante/Costa Blanca region.

The company benefits extensively from the removals industry, but also services many sectors, including blue-chip corporates (e.g. Taylor Woodrow, Holiday Inn), SMEs, and families and individuals:
• Storing winter and summer sports equipment
• Storage of furniture moved out of the way during property renovation.
• Holding stock for small businesses (clothing and retail outlets)
• Storing machinery and equipment, including exhibition equipment between exhibitions
• Storing sales material for travelling sales executives.
• Storing/archiving files/records for solicitors, medical centres, hotels, etc.,
• Storage for removal/transport companies without their own warehousing.

To promote its services the company uses a myriad of advertising tools, including T.V., newspapers, website and mailshots.

Property information

Real Estate:

Lease