Self-Storage and Furniture Removals Business, Melbourne
Storage
ActivePropertyVictoriaB2B & B2C
Asking price
$1,599,000
Disclosed · AUD
Revenue
$776,521
TTM
Earnings
$300,503
Implied multiple
5.3×
asking / earnings
Brief
- Storage and furniture removals business with close to 50 years of operating history in Melbourne
- Approximately 200 self-storage units and 100+ shipping containers at approximately 80% peak occupancy
- Active furniture removals arm serving residential and commercial clients
- Semi-managed with a full-time business manager in place under current ownership since 2022
- Two leased warehouses totalling approximately 2,657 sqm with mezzanine, forklift access and exterior container space
- Trucks, forklifts and containers included in the sale; 5+5-year lease to 2033
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