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BUSINESS FOR SALE - PROFILE #  05221609

Mobile Storage Business
Southern Connecticut

Asking Price: $175,000   Down Payment: $175,000  
Gross Revenue: $50,000   Adj. Cash Flow*: $40,000  
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Executive Summary
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.

Acquisition Highlights

  • This business is home-based
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2007 Inventory:
Furniture, Fixtures & Equipment: $175,000 Included
Real Estate:
    Total Assets Included in Sale: $175,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Bob Capozzi
Phone:  (203) 878-0554
E-mail:  venture.grp.prtnrs@snet.net
VR Business Brokers - Milford, CT
99 Cherry Street
Milford, CT 06460-3455
The above company and/or agent is a licensed real estate broker/and or a business broker.
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