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BIZBITE

Storage Auction Reseller

The business made viral by TV — but the real math is even better than Storage Wars

Bottom line

Accessible entry point; validate local supply before buying.

Storage auction resellers bid on abandoned storage units at lien sales, then resell the contents across eBay, Facebook Marketplace, Craigslist, flea markets, and estate sale liquidators. Online auction platforms (StorageTreasures, StorageAuctions) now let you bid without leaving your couch. Experienced operators running 5–10 units per month can clear $50K–$120K per year with minimal overhead. The business is low-capital (most units sell for $50–$500), portable, and requires zero employees to start. Unlike what Storage Wars showed, consistent profits come from discipline — buying low, moving inventory fast, and building reseller relationships rather than hunting for unicorn finds.

Acquisition score
Margin · multiple · SBA data
72Excellent
Avg revenue
$75K/yr
$30K–$200K range
Profit margin
38%
~$29K SDE
Multiple
1–2.5×
of SDE
Est. buy price
$29K–$71K
startup: $2K–$20K

How It Works

When storage tenants default, facilities auction the contents via public lien sales. You bid online (StorageTreasures) or in person, win units, clear them out within 24–48 hours, sort and photograph contents, then sell everything across multiple channels. Furniture, tools, electronics, and collectibles go on eBay and Facebook. Mixed lots go to liquidators or flea markets. Trash gets hauled. The key discipline: know your channels, move fast (holding costs kill margin), and pass on anything that smells expensive to hold.

BizBite verdict

Worth underwriting

Storage Auction Reseller has enough high-level data for a first look, but BizBite has not assigned a category-specific operating model yet. Treat the score as preliminary.

72Excellent
medium data confidence · 52/100medium financing fit

Why it may work

  • +Attractive 38% estimated margin profile
  • +SBA dataset shows 2 recent comparable loans

Be careful

  • !Source link status has not been verified yet
  • !No last-checked date yet
  • !No category operating model yet

SBA 7(a) data

Real acquisitions in this category

Change-of-ownership loans · NAICS 453998 · All Other Miscellaneous Store Retailers (except Tobacco Stores)

Deals tracked
99
2 in last 24 mo
Median loan
$350K
$200K–$850K p25–p75
Implied deal size
$412K
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal size distribution

<$150K
17
$150K–500K
43
$500K–1M
17
$1M–2M
11
>$2M
11

Deal flow over time

12-month momentum
0.0%
deal volume vs prior 12 mo
Median loan Δ
+10.5%
1 recent · 1 prior

Financing profile

Median rate
9.38%
0% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
0%
of loans secured
Median jobs
6
supported per deal
Top lenders in this space
Live Oak Banking Company14
First National Bank of Pennsylvania4
Beacon Bank and Trust3
Potomac Bank2
Celtic Bank Corporation2
Where deals happen
TX11
PA9
AZ8
WA8
FL5
CO5
CA4
WI4
MO4
MN4

Franchise vs independent

Franchised acquisitions finance at $276K median vs $350K for independents — a −21% franchise discount. Franchises make up 12% of deals tracked.

Recent comparable deals

ClosedStateLoanImplied deal
Jun 2025WA$675K$794K
Oct 2024TX$611K$719K
Aug 2023MN$300K$353K
Aug 2023MN$100K$118K
Mar 2023PA$250K$294K
Mar 2023PA$50K$59K
Sep 2022CA$320K$377K
May 2022TX$2.9M$3.4M
Mar 2022AZ$130K$153K
Mar 2022AZ$1.3M$1.6M
Volume rank #73/544Deal-size rank #489/544Momentum rank #127p90 loan: $2.1MData as of Mar 2026

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Deal Calculator

Priced off $29K SDE — can this deal service its own debt?

4.53×
DSCR · Lender-comfortable
Purchase multiple — 1.5× SDE ($45K)
Category range: 1×–2.5× SDE
Down payment — 10% ($5K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.50%
SBA median for this category: 9.4%
Loan term — 10 years
SBA median for this category: 120 months
Purchase price
$45K
1.5× of $29K SDE
Cash to close
$6K
$5K down + ~3% closing
Debt service
$524/mo
$6K/yr on $41K loan
Cash-on-cash
380%
cash back in ~4 mo
Debt service coverage · what the lender sees
4.53×+$2K/mo after debt
Most SBA lenders want ≥1.25× coverage; 1.5×+ is a strong file.

SDE = revenue × margin estimate for this niche; it includes owner compensation, so budget your salary out of cash flow. Excludes working-capital injection, capex reserves, and taxes. Actual SBA terms vary by lender and borrower.

Pros

  • +Extremely low startup capital — $2K–$5K to start seriously
  • +Online bidding means you can preview units and bid without driving across town
  • +Multiple resell channels give you flexibility on margin vs. speed
  • +Scalable — add units, add employees, build toward an estate liquidation business

Cons

  • -Inconsistent deal flow — auction frequency and unit quality varies by market
  • -Hauling and disposal costs eat margin if you win low-quality units
  • -eBay fees, PayPal holds, and platform changes affect profitability
  • -TV has created unrealistic expectations — most units contain household goods, not antiques

Best For

Resourceful, hustle-oriented operators comfortable with eBay selling, physical labor, and variable income

Operating Costs

Key costs: auction bids ($50–$2,000/unit), haul-out vehicle (van or truck), eBay/platform fees (10–15%), storage for slow-moving inventory, and disposal/junk removal for worthless items. Operating at scale, dedicated storage for inventory becomes a real fixed cost.

Where to Buy

StorageTreasures

Largest online platform for storage unit auctions — bid from anywhere

StorageAuctions.com

Online and in-person storage lien auction listings nationwide

BidSpotter

Industrial and commercial auction platform including storage and liquidation

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