Manhattan Mini Storage

New York, New York

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Manhattan Mini Storage, established in 1978 and headquartered in Manhattan, NY, is New York City's largest personal self-storage provider, operating across 18 locations with approximately 250,000 customers. In November 2021, it was acquired by StorageMart and now operates as a brand under StorageMart's global portfolio, no longer functioning as an independent entity. Product & Service Line Breakdown: 1. Personal & Household Storage Units - Ranging from small closet-size units (5'×5') to large spaces (10'×10'+), designed for belongings like furniture, seasonal items, archives, and more. 2. Business & Commercial Storage - Units tailored for business needs: inventory storage, office archives, event supplies, and workspace overflow. 3. Climate-Controlled Units - Climate-controlled facilities at all locations to protect sensitive items from NYC's temperature extremes. 4. Drive-in & Dock-Level Loading Bays - Convenient access with drive-up loading for easy move-in/out, supported by free off-street parking. 5. Security & On-site Management - Features include 24/7 video surveillance, secure gated access, raised docks, and on-site facility managers. 6. Flexible Rental Terms & Online Management - Rent units month-to-month with no long-term commitments; online reservations, account management, and automated billing available. 7. Package Acceptance Service - Complimentary service to receive and hold packages onsite for up to 48 hours. 8. Moving Services Partnership - Offers moving assistance through partner services with promotions like the first 2.5 hours free. 9. Auction Service - Conducts blind auctions of abandoned or delinquent units, as permitted by local regulations.

Keywords

Keywords

Classified

Private