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Self Storage for sale in Kissimmee, FL

Kissimmee, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 1,100,000 $ 130,896 $ 109,560

Furniture and Fixtures Value:
$ 1,000 (included in the asking price)

Real Estate:
$ 1,100,000 (included in the asking price)

Business Summary:
100 unit mini-storage facility, land and business incl., selling for less than appraised value:$1.27M over 1 year ago. Owner must sell as he no longer has time for this business and has not been able to run it as efficiently as a more active owner-operator could. Purchaser to assume current $800,000 note (7%-5yr balloon), with Seller offering additional $200,000 note (7.5%) for the remainder of the term on the original note (approx 36 months) with balloon. Both notes amortized over 20 years. Please refer to internal listing number 4390688 and ask for Kristin Winer when inquiring.

 

   
Year Business was Established: 1980
   
Number of Employees: 1  
   
Facilities / Terms of Lease: 11720 sq. ft. concrete block building  
   
Competition: Non compete 5 miles 2 years  
   
Owner willing to finance: 800k, 240m, 7% = $6202.39/mth; 200k, 240mth, 7.5% = $1611.19  
   
Owner willing to train: 2 weeks at no cost  
   
Reason for selling: not a fit with other business entities - not core business  
   
Seller Reference Number: 4390688
BusinessMart.com Listing Number: 8862
 

 

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