Realise maximum value for storage property and specialist machinery
How to sell a warehouse storage business
Operating in the storage/warehousing sector brings specific challenges and issues that need to be addressed prior to placing your business for sale. Selling My Business has extensive experience in the sector, and can offer professional assistance at every stage of the selling timeline.
In addition to guiding you through the sales process, helping you prepare your initial Sales Memorandum and confidentiality agreement, providing a reliable business valuation, and expertly handling the buyer due diligence stage, our expert team offers a stable background presence and ongoing support.
Pre-planning your sale
It is crucial to plan your business sale well in advance, so what areas should you be thinking about?
- When to sell your business
Are market conditions improving or are they at their peak? Proactively timing your sale can bring significant rewards in terms of the interest generated and the final price achieved. - The reasons why you are selling
Clearly articulating your reasons for selling the business helps to instil confidence in potential buyers. You may be approaching retirement, or feel that the business has served its purpose and want to move on to a new venture. - Your goals and objectives from the sale
Do you have a baseline value that you want to achieve, and/or a specific timescale in which to sell your business? You need to define your main goals and objectives to make the sales and marketing process more effective. - Tax-efficient extraction of value
Extracting the value from your business in the most tax-efficient manner is vital.
- Previous sales and acquisitions experience
- Sector specialisms and average success rate
- Sales value expectations and growth potential
What challenges do you face as a storage/warehouse business?
Investment in technology
Extended and complex supply chains can lead to inefficiencies if not carefully managed. Investment in modern technologies and software may be a financial challenge, but it improves various business functions including stock control, and helps to meet new consumer demands with regard to speed of delivery.
Low capacity
The ecommerce boom has led to a shortage of storage space in the UK, so it is important to organise your warehouse or storage facility for maximum use. This could involve investment in narrow-aisle forklift and handling equipment, for example, or perhaps a better system of stock control.
Security
Security is a key issue for all storage and warehousing businesses - security features should be clearly evident around the facility to gain the confidence of potential users.
Value my storage or warehouse business
We have a strong track record of sourcing buyers for storage and warehouse businesses in the transport and logistics sector throughout our 60 years’ in the industry. We understand that working fast is vital due to the competitive nature of the storage facilities market which is why our in-house, valuation team offer a storage or warehouse business valuation service.
How much is my storage or warehouse business worth?
They will take you through the key components which influence business value and how to value a storage or warehouse business. Looking at more than just the profit and loss statement, we will take into consideration overheads and gross profit margin to generate an accurate calculation, removing the risk of underestimation. The valuation team will require 3 years’ worth of historic/recent accounts to begin the process.
Recently Sold
Storage/Warehouse Businesses
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"Selling My Business sold my self-storage business in a fraction of the time compared to my old agent, maximising market value and achieving better returns than predicted. I was guided through each step of the process and communication was faultless."
Henry – Self-Storage Warehouse, Wigan
Other considerations when selling your storage/warehouse business
Confidentiality
Confidentiality is a key aspect of selling your business if you are to avoid losing sensitive business information to your competitors. You will need to draw up an effective confidentiality agreement prior to releasing the Sales Memorandum to interested parties.
Negotiations
The negotiation stage can be long and arduous, particularly if you have limited professional support. Failing to achieve your objectives from the sale, particularly in terms of the final price, or being unable to arrive at a beneficial arrangement regarding post-sale warranties and indemnities, could ultimately damage the hard work you have put into your business over the years.
Buyer due diligence
You will need to make sure the figures and information you provide to prospective buyers is accurate and reliable, otherwise they could reduce the price offered or withdraw from the sale completely.
Selling your storage/warehouse business requires careful pre-planning to ensure it is placed on the market at the optimum time and in the best condition to attract buyers. For more information on how we can help you achieve your goals and objectives, please contact one of the team at Selling My Business to arrange a free consultation.
Meet the Selling My Business team
Essential Guide to Selling Your Business
Contemplating selling your business? Our free, comprehensive guide will walk you through how you can sell your company. Our FREE guide covers all of the essentials, including:
- Are you appointing an experienced advisor?
- Are you giving your business a realistic sales price?
- Will all potential buyers for the business be approached?
- How much will the sales process impact business performance?
Plus much more...
Why Choose Us?
- No upfront fees - pay at the end
- 10,000+ businesses sold
- Expert accurate valuations
- Over 10,000 registered buyers
- Local experts
- Dedicated account manager
- Expertly marketed businesses
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