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Self Storage Business
1371
Seri Kembangan, Selangor, Malaysia
Selling Off 100% Services

Business Overview
Self Storage Business is Storage place for Residential & Commercial customers . This is a very high potential business where it’s earn in crisis and also normal time where Customer need extra space for business expanding .
- Selling price included security deposit with owner ( RM21k )

Business Offer
Selling 100% share

Company Entity
Proprietorship

Business Highlights
No time to manage as the owner has to focus on other core business at Penang

Financial
Yearly Revenue: RM 240,000.00

Business Size
Employees: 1 to 2 person


Strength & Opportunity
- Self-Storage is a very good investment especially for the COVID-19 season
- Many business looking for temporary shutdown to keep their things and also residential Customers who wanted to keep their belonging in self storage for time being since low capital run up.
- New owner is required to upgrade a little on website, insurance and security to make it more attractive and customer will be keep coming in .
- The building that we tented still have one more floor to expand in the event the request is more which can be rented together with the building owner .
- Only require very minimal maintenance cost .
- Training will be provided to new owner
- Size: 1500 sqft
- Total Room: 26 ( Various size , Price range : RM180 - RM 1500 )
- Current occupancy : 8 Rooms with month RM7,200 income
- Vacant room : 18 Rooms
- Monthly rental is just RM6,000 for first year and RM7,000 for subsequent years
- Renovation cost almost RM87,000
- Building : 2 Floor with Lift service
- Regular customer base
- Utilities : Will be lesser than RM150 / Month , because there is no electric usage ( Only CCTV and light at corridor ( walking way) storage room comes with lights but only used when customer comes in to store on take out things which is very less consumption . No water bill or less than RM50 since no one stay there for water usage.
- Will develop a brand new website according to new owner's name preferences .

Location
Offer Price
RM 72,500.00
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