A 412-unit self-storage facility with climate-controlled and drive-up units.

Storage Facility and WarehouseSold in Nashville, TNEst. 20034 employees

This business has been sold. The listing is no longer available. Browse similar businesses.

Storage Facility and Warehouse
Photos on request

$3,900,000

Sold
Asking price
  • SBA prequalified

    A lender has already reviewed this business for SBA financing.

  • Real estate included

    The property comes with the business.

  • Training included

    The seller will help you get up to speed after closing.

About this business

Cumberland Storage Partners operates at 91% physical occupancy with gated access, onsite management, and a U-Haul dealer agreement for ancillary income.

What's included

Real estate, 412 units, gate and camera systems, management software, and rental trucks agreement.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$3,900,000
  • Annual Revenue$1,080,000
  • SDE$646,000
6.0×
Price to SDE
3.6×
Price to revenue
60%
SDE margin
Annual Profit
$618,000

Details

2003
Established · 23 yrs
4
Employees
10
Owner hours per week
Storage Facility and Warehouse
Business type
Owned · included in price
Premises

Financing & transition

Seller financing
Yes
SBA Prequalified
Yes
Training after the sale
Included
Cost
Free
Duration
90 days

Property & lease

Premises
Owned
Total Area
58,000 sq. ft.
Included in Sale Price
Yes

Where it is · Nashville, TN

Approximate location. The exact address is shared once you connect with the broker.

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