Eastside Security Storage Units
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Stock Value: — |
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• Business & Freehold
• Built for purpose facility
• Only 10 hours/week to run
• 123 Storage units
• Excellent occupancy
Eastside Security Storage Units provide one of the most secure storage facilities in the Echuca area. The business was established by the current owners in 2008; servicing customers for more than 10 years.
The business operates from a built for purpose storage facility ideally located on Despatch Street in Echuca. The premises boasts an attractive, modern administration office and onsite bathroom facilities. There are 123 storage units in a variety of sizes ideal for both commercial and personal use. The business can cater for the storage of everything from caravans and camper vans to household storage and archiving.
Eastside Security Storage Units has a strong commitment to security and have implemented a number of systems to ensure only the highest level of protection is provided for its clients belongings; using state-of-the-art technology. A sophisticated computer-controlled access system is used so that only customers of Eastside Security Storage Units can access the site. This access is integrated with the corresponding storage unit rented by the client, which is individually alarmed, providing the highest level of security. There is also CCTV and video surveillance monitoring with 29 cameras operating 24 hours along with regular security patrols.
The computer-controlled access system for clients allows the business to be run without any staff. One owner works approximately 10 hours a week in the business. This time is spent performing accounts work and other administrative duties as well as cleaning out the storage units once vacated and ready for a new storer.
There is plenty of opportunity to grow the business. Eastside Security Storage Units performs very little advertising, instead relying on repeat business and referrals. A comprehensive marketing plan including utilisation of social media could widen the area of exposure for the business.
Eastside Security Storage Units does not offer insurance as part of the services they provide to their clients. Working alongside a specialised self-storage insurer could not only directly increase revenue but potentially result in additional referrals for the business as well.
Revenue for the self-storage services industry in Australia is forecast to continue to grow over the next five years. Demand for self-storage facilities from businesses will grow due to the significant increase in online shopping and their lack of space to store stock. The lack of feasible substitutes for self-storage services will continue to support the industry's performance.
Additional Details
Sold Status:
Under Offer
Status Changed:
2021-01-03