Self-storage Success: High Occupancy, Higher Returns

Business For Sale Western Australia

Business Category Commerical Property Leasehold Hire Services Property Real Estate

$1,075,000

Description

Self-storage Success: High Occupancy, Higher Returns

When the economy tightens, smart investors turn to businesses that are steady, reliable, and positioned for continued success—and this is that opportunity!

With Perth’s population growing rapidly and the housing market under significant pressure, the storage industry is poised for continued growth.

Rental vacancies have remained below 1% since 2020, and rents have surged 17.6% from April 2023 to April 2024. This has created significant demand for flexible, secure storage solutions.

Whether it's during relocations, downsizing, or managing transitions, residents and businesses alike are turning to storage as an essential service.

This well-established self-storage business is perfectly positioned to capitalise on this expanding market. Located in the metropolitan area, it offers over 500 rentable spaces, an impressive occupancy rate of 93.5%, and a stellar reputation built over years of quality service.

Why This Business?

This is more than just a business—it’s a low-risk, high-return investment that delivers consistent income, strong growth potential, and peace of mind, whether you’re a first-time business owner or a seasoned investor.

Key Features and Benefits

Financial Strength and Stability
• Net Profit of $401,000 in 2024 – proven, consistent earnings.
• Rapid Revenue Growth – annual sales have increased from $693,200 in 2022 to over $1 million in 2024.
• Locked-In Demand – occupancy at 93.5% with a waitlist of 28 clients poised to bring the business to full capacity.

Convenience and Customer Focus
• Premium Location – Located in the metropolitan area, catering to high-value residential and business clients.
• Customer-Friendly Design – all ground-floor units with easy drive-up access for convenience and efficiency.
• Superior Facility – fully internal, providing protection from Perth’s intense summer heat, ensuring belongings are safe and secure.

Effortless Management
• Low Staffing Needs – streamlined processes mean minimal oversight is required. Operate this business from home or remotely, making it ideal for owner-operators or investors seeking a hands-off approach.
• Turnkey Systems – efficient operations are already in place, ensuring a seamless transition for new ownership.


Secure and Long-Term Prospects
• New 10+5 Year Lease – secure tenancy provides long-term stability and peace of mind.
• Loyal Customer Base – A significant portion of annual sales comes from repeat clients, with some customers storing their belongings for over 13 years, reflecting trust and long-term satisfaction.
• Reputable Industry Leader – nominated for the Self Storage Association of Australia’s Facility of the Year award, underscoring its excellence in service and management.

Future Growth Potential
• High-Margin Expansion Opportunities – add storage insurance services with StoreProtect to unlock an additional revenue stream to your existing customers.
• Demand That Keeps Growing – Perth’s growing population and tight housing market mean demand for flexible storage solutions will only continue to rise further increasing sales.

A Safe and Profitable Investment
This business offers everything an investor or owner-operator could want: stable, predictable income; low-risk operations; and strong growth potential in a booming industry. Its consistent performance and built-in scalability make it the perfect choice for anyone seeking a reliable and low risk opportunity.

Confidential Sale – Don’t Miss Out
This is a highly confidential sale, and no phone information will be shared until a confidentiality agreement is signed.
Register your interest now by clicking the "Email Me" link at the top right-hand corner of the screen to secure early access to the business report which is two weeks away.
Rarely does an opportunity of this calibre come to market. Act now to secure this profitable, low-risk, and highly scalable investment in the growing self-storage industry!

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Luke Byrne
Glenn McTaggart

Bsale ID: 654155
Broker REF: LB4803ASR

Performance Business Sales Pty Ltd
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