Profitable Century Old Moving And Storage Company

Not Disclosed, OR Washington County

Asking Price: $649,000

Annual Revenue: $2,591,503

Services: Moving & Storage

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Profitable Century Old Moving and Storage Company

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RE: Profitable Century Old Moving And Storage Company
Contact: Michael Morrissey

Quick Facts

	Asking Price:	$649,000
	Annual Revenue:	$2,591,503
	Net Profit:	Not Disclosed
	Cash Flow:	$65,251
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	Not Disclosed
	Year Established:	1920
	Employees:	21
	BBN Listing #:	108552348
	Broker Reference #:	59071-318777

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Business Overview:

This over 100 hundred-year-old moving and storage company is an incredible opportunity. Owned by its current owner, the company has continued to grow. This company provides local, state-wide, interstate, and worldwide moving services for residential and commercial moves. Utilizing their own trucks, 3rd party service providers, and 12 portable storage containers that the company transports and delivers locally. The company also provides storage in their 40,000 square foot warehouse facility for local businesses and delivery of those items. The company also provides record storage for customers and has over 300 hundred vaults. There are 3 office admin staff, 2 long distance drivers, 4 local drivers, and 10-12 part-time helpers that fill out each crew. The owner and his son, who is the general manager, will be moving on after the sale, but are willing to stay on for an extended period after the sale to help with transition. The company is centrally located in the Portland Metro area off a major highway, allowing for easy access for the delivery vehicles and trucks. The company comes with 6 assorted trucks and 6 trailers. The company provides its owner a consistent 6 figure income year over year and is in a strong growth position for the future.

The company was founded in 1920 and was owned by 3 generations of the founding owner’s family. The current Owner purchased the company 25 years ago and has been growing it steadily since.
There are several moving companies in the local area as well as nationwide. Prices are set by ODOT.

There are multiple avenues of growth for this company. Home delivery of internet-based furniture companies. Additional rental of the warehouse space to other companies. And increased hiring of local and long-distance drivers to expand individual moves for residential and commercial clients.

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Reason for Selling:

Retiring

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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