Absentee Potential 50 Year Old Moving and Storage

Not Disclosed, FL
Miami Dade County


Asking Price: Annual Revenue:
$645,000 $971,486

Services: Moving & Storage


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RE: Absentee Potential 50 Year Old Moving and Storage Broker: JESSE PERAZA

Quick Facts

Asking Price: $645,000
Annual Revenue: $971,486
Net Profit: Not Disclosed
Cash Flow: $209,689
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 7
BBN Listing #: 6535630
Broker Reference #: 2201753640

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Business Overview:

Unique opportunity to purchase a 40-year-old potentially absentee run moving and storage company in Miami Dade County. Same owners since inception have built a tremendous award-recognized business with an impeccable reputation. The companies niche business is government/military moving and storage and has not done any marketing in years for the very lucrative COD business (corporate household). Real estate is booming in South Florida and hundreds of thousands of people are moving here every month so it would be very simple to explode the COD business feeding off the company's reputation and relationships with most of the major lines nationwide. SPOTLESS books and records as monies are all deposited, and addbacks are very straightforward. Health issues force the sale of this premiere moving company but the wife would stay not only to transition but potentially post-closing. Full staff in place including logistics warehouse manager and office person that is currently doing most of the office work and could be office manager/supervisor. With the scarcity of SBA businesses available and the attractive SBA programs currently being offered this business will not last long. The company has over 500 moving Pods/Containers they rent for storage inside their 20,000 sq ft facility. Sales were down slightly in 2020 as a couple of months were affected by COVID but aside from that steady numbers and potential to double sales with marketing. Please refer to listing number 2201753640, business broker Jesse Peraza when inquiring about this listing. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Lease/Month: $16,000; Square Footage: 20,000; Building Type: Industrial; Terms & Options: available; Expiration Date: 3/1/2023.

Market Competition and Expansion:

Non Compete : Miles: 100 Years: 3

Reason for Selling:

Health

Additional Details:

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

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