REDUCED - Recurring Revenue Investment Property For Sale
Transportation & Storage Businesses for Sale
- Primary Category: Warehouse & Storage Facilities for Sale
We presents an opportunity to invest in a company that holds valuable real estate assets, generating passive and recurring income. The property is situated in the picturesque Sunshine Coast of British Columbia, along Highway 101 with 472.5 feet of frontage. It is Zoned Mixed Commercial/Light Industrial and encompasses over 4 acres of land, including a leased gas station, 4,825 sf of rented service bays, 4 mini storage buildings with 72 self-storage units, 2 rental residences, yard storage and more. This diverse portfolio yields a Net Operating Income of $435,000
Financial Information
- $6,390,000 Asking Price
- $435,000 Cash Flow
- $540,000 Gross Revenue
- On request Down Payment
Business Location
- City: Sunshine Coast
- State: British Columbia
Reason for Sale
- Retirement and divesting.
Detailed information
- Year Established:
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: On request
- Inventory Included: No
- Inventory Value: N/A
- Monthly Rent: N/A
- Real Estate Available: Yes
- Real Estate Included: Yes
- Real Estate Value: $6,900,000
- FF&E Included?: Yes
- FF&E Value: N/A
Facilities
- This is a unique, lucrative, reoccurring, and passive revenue, real estate investment in a beautiful, and growing Sunshine Coast community. Located on Highway 101 with 472.5 feet of frontage, zoned Mixed Commercial/Light Industrial, the investments consists of over 4 acres of land, including a leased gas station, 4,825 sf of rented service bays, 4 mini storage buildings with 72 self- units, 2 rental residences yard storage and more generating a Net Operating Income of $435,000.
Market Outlook/Competition
- The Company operates with minimal marketing strategies in place. Its in-demand services, fully leased premises, and a perpetual waiting list, have diminished the need for promotional campaigns. This presents an opportunity for a new owner to explore numerous marketing initiatives for expansion and revenue growth. The development potential is incredibly flexible due to the lack of zoning regulations and building permit requirements. The land’s best utilization is commercial/light industrial.
Business Listed by
Pino L. Bacinello
Sunbelt of Victoria & Vancouver IslandContact Business Broker
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