Established Niche Storage Business Focusing on Military Service Members
Searching for a national storage business for sale? Look no further! Established more than 15 years ago, the Company is a profitable, well-established non-asset based storage company. Ownership has decided to sell the business based on the fact that the company does not align with future strategic portfolio investments. The company is largely automated and does not require the day-to-day oversight of the majority owner. The Company is forecasting and achieving 16%+ growth for 2014 with EBITDA in excess of $200,000.
2013 Revenue: $1,110,327
2013 EBITDA: $73,802
2013 SDE: $179,432
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- Non-Owner Dependent – Majority owners not involved in day-to-day operations.
- Diversified, Niche Customer Base – Customers are exclusively military members and/or government employees.
- Customer Contracts – All customers sign binding contracts with the company; average customer relationships extend 2 years or more. The company has not experienced a bad debt in over 2 years.
- Limited Capital Expenditure – Being a non-asset based storage Company as well as utilizing the latest web/cloud based applications for operating its business means the Company has few capital requirements and keeps its costs variable as opposed to having significant fixed costs.
- Number of Locations – The Company maintains more than 20 leased locations throughout the U.S., close to areas densely populated with military service personnel. The number and placement of the Company’s storage locations allows it to provide storage services to large numbers of customers.
- Internet Marketing – In late 2013, the company studied keywords and optimized the website so that it ranks very high in Google searches for certain key industry phrases. These changes have improved web site traffic and leads dramatically; over 80% of new leads come directly from web search.
Interested parties must sign a non-disclosure agreement and demonstrate proof of financial capability before receiving additional information. Inquire today about this great storage business for sale!
Max L. Friar
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