Established Easy Storage Franchise in Ringwood Hampshire Up For Sale
Ringwood, Hampshire
- Status
UNDER OFFER
- Date Submitted:
28/11/23
- Advert ID
603206
- Reference
B07689 / Rightbiz
- Call Agent:
- Leasehold: £85,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Reputable Storage Franchise For Sale
BusinessPlease quote reference B07689
Hilton Smythe are delighted to welcome to the market BH STORAGE LIMITED T/A Easy Storage, a highly rated and well established storage business based in Ringwood.
Our client first established the business in 2020, since then it has built up an excellent reputation during its many years of trading.
This business is now being sold, albeit reluctantly and with a heavy heart only due to our client moving abroad.
The company collects good and stores them for the customer then returns all items to the them once they are ready.
Easy Storage is a fast growing franchise, with our client owning an exclusive territory, covering the whole of Dorset, Hampshire, Wiltshire & Somerset.
Company Assets:
- 255 – Newly purchased Trafalgar & Rowlinson Storage Crates, (Pods)
- IVECO Daily 7.2T Truck – easyStorage designed box (2020)
- IVECO Daily 6.5T Truck – easyStorage livoried (2008)
- Commercially Leased Warehouse Unit, Ringwood, 3,755 sq ft (7-year lease, break in year 3)
- Currently - 275 Pods in Storage
Location
The business is based Crow Arch Lane Industrial Estate, Ringwood.
Premises
The business is based out of a secure industrial unit with ample 275 pods in storage and is 3755 sqft in size.
Tenure
We are instructed to sell the business on a Leasehold basis, with an original 7 year Lease in place.
The rent is £3700 per month.
Hours
The business trades when and as they have business.
Staff
The business is run and managed by our client plus 2 full time staff members.
Financial Profile
Accounting Period: 01 October 2021 – 30 September 2022
Turnover: £245,000
Gross Profit: £119,087
EBITDA: (£23,668)
Accounting Period: 01 October 2022 – 30 June 2023 (9 Months)
Turnover: £330,000 (Projected for 12 months)
Net Profit: £25,000 (Projected)
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
