You want to sell your storage company? Then it's good to know what the takeover market in the field of storage companies looks like.
For several years now, the industry has been on the rise and this growth is expected to continue.
There are many ways to value a business. A common method of expressing the value of a business is "a factor x gross annual profit." This factor is also called multiple and another designation for gross annual profit is EBITDA (Earnings Before Interest Taxes Depreciation and Amortization).
In the automotive, transport and logistics sector, which includes a parking company, an indicative range of EBITDA multiple of 3.8 to 4.5 is currently used, according to the Brookz Takeover Barometer. The average EBITDA multiple across all SME sectors is 4.90.
The valuation of a business is often the starting point for negotiations between buyer and seller. The outcome of these negotiations is the final sales price. So valuation and price are two different quantities. Besides valuation, the price is also determined by possible scarcity in the market, bargaining power of the parties, the strategic value of the business for the buyer and possible synergy effects for the buyer (cost savings, purchasing advantages).
Do the calculation
There are many startups in the market every year, and small-scale organizations, which means that the number of businesses with one person working is relatively high.
In figures, the number of parking companies looked as follows in 2024(CBS):
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A number of trends and developments will inevitably cause changes in the coming years, but also offer shippers many growth and acquisition opportunities:
Storage at storage companies has been a godsend for avid vacationers for years. The downside, however, is that if you want to get away for a week on impulse, you will find yourself waiting at the storage facility for a closed door. Thanks to digitization, this can be a thing of the past, because then you can check in and out whenever it suits you. Also, the hand cash will disappear into the background, making things easier for both parties.
More and more people see less value in owning their own car, caravan or boat. They are more likely to opt for shared ownership or rental. This may also potentially reduce the number of storage spaces needed in the future.
