Long Established Moving and Storage Company
Reference ID
2655
Categories
Asking Price
$500,000.00
Detailed Information
Financials
Annual Receipts
$1,169,000.00
Real Estate Available?
No
FF&E
$515,000.00
Cash Flow
$219,000.00
Inventory
$15,000.00
Business Summary

This top notch moving and storage company is affiliated with one of the three largest moving van lines in the nation. They specialize in residential and corporate relocations. For 35+ years this business has provided superior service and have a 97% customer satisfactory rating. Not to mention there is over $515,000 in moving trucks and equipment included in this sale, as well as the van line franchise transfer fee.
On average this company manages 100-120 moves a month, with 75% of those being over the road, long distance moves and 25% local moves. They are equipped to handle any size move to include small residential, complex office relocations, medical facilities and fragile electronics. Customers can also conveniently store their belongings for short term or long term in a secure warehouse with the items to be delivered at a later date. This company maintains a Standard Carrier Alpha Code(SCAC) and is approved to handle military moves, throughout all 48 of the contiguous United States. This is a key resource for their business as they’re located in a town with the major military base of Fort Gordon. This is an opportunity to own a company that offers a service that will always be in demand no matter the state of the economy. After decades of owning this great business, the owner is ready to retire. *** If the new owner wants to continue the van line affiliation, you must also purchase $200,000 in affiliate’s stock which is not included in the asking price of $500,000.

Facility

The business operates out of a 20,000 sq. ft. warehouse space and has a 1,500 sq. ft. office space. The real estate is owned by the seller and he is willing to sell it in addition to selling the business.

General Info
Year Acquired
1980
Year Established
1980
Franchise?
No
Homebased?
No
Relocatable?
No
Reason For Sale
Owner is retiring.
Full Time Employees
18