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Quick Facts
Asking Price: | $160,000 | |
Annual Revenue: | $415,091 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $67,183 | |
Total Debt: | Not Disclosed | |
FF&E: | 25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2008 | |
Employees: | 12 | |
BBN Listing #: | 425250336 | |
Broker Reference #: | 15541-278520 |
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Business Overview:
This moving and storage business focuses on commercial office moves, corporate relocations, and residential moves as well as short-term and long-term secure on-site storage. Long-distance relocations are handled through their national affiliations. The business operates three trucks with a flexible staffing model based on job needs. The owner works part-time in the business focusing on oversight and business development.
The business was established in 2008, and the current owner purchased it in early 2021. The business recently expanded to provide commercial relocation services, which are a profitable new channel providing balanced year-round work.
While there are many moving and storage businesses in operation, established businesses like this one that focus on professionalism, customer satisfaction and repeat business tend to do well.
The current owner has developed relationships with real estate companies, property managers and other referral partners to expand the office relocation segment. This focus has proven to be a profitable addition that creates additional business revenue during periods with fewer residential moves. A new owner could focus on increasing recurring revenue from long-term storage.
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Property Features and Assets:
FF&E Overview: Box truck and moving dollies and other needed equipment
Market Competition and Expansion:
While there are many moving and storage businesses in operation, established businesses like this one that focus on professionalism, customer satisfaction and repeat business tend to do well. The current owner has developed relationships with real estate companies, property managers and other referral partners to expand the office relocation segment. This focus has proven to be a profitable addition that creates additional business revenue during periods with fewer residential moves. A new owner could focus on increasing recurring revenue from long-term storage.
Reason for Selling:
Other business interests.
Additional Details:
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