Listing Number: 041621-839836
Description
This franchise offers large portable containers similar to PODS with over 190 containers as part of their inventory. Currently there are no franchise restrictions in the state of Illinois. This business is looking to give up partial ownership in exchange for a cash infusion to stabilize operations. Current rental rate is over 75% with capacity available. Assets of the business include a large truck to move the containers, a mini-forklift used to place the containers in almost any location and a large, specific fork lift to move the units within the climate controlled warehouse. The cost to start up the size of this franchise is approximately $1.5M. There's an opportunity to enter this very established franchise based on a seller that is open to additional ownership. The storage business continues to grow by leaps and bounds. This business is not only tied to the real estate industry! These containers have been used for many purposes such as charity drives, large sporting events, and by UPS. Call today to start a conversation on this opportunity. The assets alone are worth over $1M! MOTIVATED SELLER.
Listing Details
- Price: $ 250,000
- Down Payment: $1,200,000
- Sellers Discretionary Earnings: $ 97,437
- Total Sales: $ 536,826
- Location: Lake County, Illinois
- Inventory: $ 614,123
- FF&E: $ 201,366
- Employees: 1
- Year Established: 2018
- Reason for Selling: Owner pursuing other business ventures
- Category: Moving
