Owner Financing is Available!
Business Overview:
This is one of the better opportunities on the market as a potential buyer could make their investment back in a little over a year or less!
This growing moving business is one of New Jersey's premier full-service moving companies. They have satisfied countless client's unique and individualized relocation needs - primarily residential (homes and apartments). Their strong Internet presence, testimonials and outstanding service has helped them achieve over $580,000 in revenue for 2011 with over $200,000 cash flow!
This company has moving software to keep track of all moves, great search engine rankings and an outstanding Google Adwords campaign that keeps the business growing ($295K in 2010, $583K in 2011). It's still growing in 2012 - 79 moves were made this past January (typically a slow month) with over $52,000 revenue! In comparison, there were 32 moves made in January, 2011.
With most New Jersey residential movers, customers pay by the hour, however, this Moving Company removes the guesswork by working strictly with flat rates. This means that their customers get a single price for their entire move and have peace of mind, knowing what they will spend come moving day.
This is a great opportunity for an entrepreneur who would like to control his/her own destiny, or an existing residential moving business to expand its services. Please contact us for more information: 732-674-5382 or Sonny@CPBusinessGroup.com.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
New buyer/moving company would need to lease an office that is convenient to them.
Truck, equipment, database, website, advertising campaigns, software, brand, employees, business name, etc. would transfer to new business owner/company (everything besides personal items).
Market Competition and Expansion:
Their competition is in northern New Jersey with other moving companies. Some main advantages this company has over their competition are having a flat rate, great service and an outstanding Internet presence that continues to grow the business.
This company has been growing every year ($295K in 2010, $583K in 2011, etc). However, there is still a tremendous amount of growth potential as they have a very strong Internet presence and outstanding cash flow. Some ways of growing could be working with real estate brokers, management companies, adding more services such as storage, purchasing more trucks and increasing advertising. Additionally, if a new owner obtains a NY DOT license (for NY moves), they could leverage their existing database and Internet presence to drive sales.
Reason for Selling:
Relocation & new business venture.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.