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STS Storage

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Complete NDA for Full Overview

Price: $859,000

Minimum Equity Required: $350,000

SDE: $88,000

Location: Nova Scotia

Industry: Services

ID: 1444

Status: New

Description

Self-storage is an essential service with stable, recurring monthly revenue streams, driven by ongoing residential and commercial storage needs. This locally owned self-storage facility offers a range of heated and non-heated storage units and there are a ton of opportunities for further space utilization.

- 71 total units, with room to add more inside. Currently 100% full.
- There is space for 25 cars and boats (up to 30 feet) and could add more motorcycles or golf carts to fill in gaps. Had 20 this past winter. (heated storage)
- The facility caters to a wide customer base, enhancing occupancy potential. Unit sizes include 100, 120, 150, 200, 300, and 400 square feet, with rental terms available for 1, 3, 6, or 12 months.
- Security is a priority, with 24/7 monitoring. Enhances customer confidence, supports premium pricing, and helps maintain high occupancy rates.
- The facility offers monthly pricing starting at $75.

This is an Asset Sale. By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions.

Financial Information

2024
Annual Revenue - $128,013.00
Net income - $88,000 (after all costs, tax, insurance, utilities, maintenance, etc)

Operations

Situated on 2 acres, this very well constructed and maintained building offers 2 buildings:
- 13,220 sft foot print, with a second storey offering 12' clearance, of approximately 9,000 sft that is heavily under utilized.
- 1,400 sft building, one level, storage only.
- drilled well and on site septic
- oil heat, ducted, 2 new furnaces in 2023.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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