BUYING a STORAGE company Here's How Much It Makes

"This whole facility is bringing in about $1250 per month"

"we have around $200,000 in this at $14,000 a year gross revenue on a $200,000 purchase"

"The nicest facility brings in a whopping $1.35 per square foot on their smaller storage units and we estimate that heir total facility brings in around 70 to 75 cents per square foot about 2.5 times more than we're making right now"

"We have 39 total storage lockers at around 3800 square feet but that's not where the neglect is The neglect here is for the economics of it This whole facility is bringing in about $1250 per month"

"We have a clear path to increase the revenue from this facility that $1250 a month about $2500 to $2750 per month"

"If you do the math on that it's between 31 32 cents per square foot As a note typically on a storage locker facility you base your income and your evaluation off of the square footage Once again this is one of the three businesses that I purchased and I think we have around $200,000 in this at $14,000 a year gross revenue on a $200,000 purchase This really kind of sucks but there's so much to be had in terms of economic appreciation We have tons of storage lockers here in town The nicest facility brings in a whopping $1.35 per square foot on their smaller storage units and we estimate that heir total facility brings in around 70 to 75 cents per square foot about 2.5 times more than we're making right now"

"Compete with them are most expensive unit would be cheaper than their largest unit"

"We have 39 total storage lockers at around 3800 square feet but that's not where the neglect is The neglect here is for the economics of it This whole facility is bringing in about $1250 per month... Um We have 39 total storage lockers at around 3800 square feet but that's not where the neglect is The neglect here is for the economics of it This whole facility is bringing in about $1250 per month... I think a clear path to increase the revenue from this facility that $1250 a month about 2500 to 27 50 per month"

"It'll be maybe a two or three hour a month time expense for my partner Aaron and I to make you know 2500 and 2700 on this facility"

"We pay 200 k issue for this place and makes 12 50 a month We want to get that up to 2500 a month and that will take care of a large portion of the mortgage for this place and the other one"

"It's making us about a 7% capitalization rate which is 1% better than the national average"

"It's making us about a 7% capitalization rate which is 1% better than the national average But if we can get our rents up we can double our rents We go from 7% to a 14%"

"But if we can get our rents up we can double our rents We go from 7% to a 14%"

"I had the opportunity to actually flip this storage locker facility a week after we purchased it Sean my buddy has been looking for a storage locker facility for years and hasn't been able to find any at a decent cost"

"We have 39 total storage lockers at around 3800 square feet but that's not where the neglect is. The neglect here is for the economics of it. This whole facility is bringing in about $1250 per month."

"And what's interesting is most of these good deals on storage locker facilities From Brandon's perspective they're never in single storage locker facilities there in gas stations plus storage their in car washes plus storage their in restaurants plus storage hotels plus storage"

"And what's interesting is most of these good deals on storage locker facilities From Brandon's perspective they're never in single storage locker facilities there in gas stations plus storage their in car washes plus storage there in restaurants plus storage hotels plus storage"

"The nicest facility brings in a whopping $1.35 per square foot on their smaller storage units and we estimate that heir total facility brings in around 70 to 75 cents per square foot about 2.5 times more than we're making right now."

"I've been cussed out a total of three times so far with regards to this car wash this car wash behind me I've been cussed out three times because I was an s o B for buying it because all these people wanted to have a car wash but they never asked the owner"

"We're on a I think a clear path to increase the revenue from this facility that $1250 a month about 2500 to 27 50 per month"

"we pay 200 k issue for this place and makes 12 50 a month We want to get that up to 2500 a month"

"It's making us about a 7% capitalization rate which is 1% better than the national average But if we can get our rents up we can double our rents We go from 7% to a 14%"

"More people have to be in the gas station industry in the Laundromat industry These kinds of businesses don't have enough interest in them If there would be enough interest there would have been people lining up at the door at the former owner of this car washes house asking them to buy it"

"We pay 200 k issue for this place and makes 12 50 a month We want to get that up to 2500 a month"