Business For Sale

Highly Profitable Moving & Storage Company

Palm Desert, CA
Riverside County


Asking Price: Annual Revenue:
$1,200,000 Not Disclosed

Services: Moving & Storage


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RE: Highly Profitable Moving & Storage Company Broker: Michael Manion

Quick Facts

Asking Price: $1,200,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $395,000
Total Debt: Not Disclosed
FF&E: $775,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 18
BBN Listing #: 998254110
Broker Reference #: Not Disclosed

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Business Overview:

Highly profitable moving and storage concern located in the Coachella Valley (greater Palm Springs area). Real Estate may be available in addition to the purchase of the business.

The business specializes in serving the needs of wealthy residential clients who demand superior white-glove service. They frequently move large households which include expensive furniture, heirloom quality antiques, and fine art. Their sterling reputation in handling these challenging moves has resulted in a large network of residential real estate agents who provide referrals. The business has forged strong relations with a number of repeat commercial customers.

The business provides local and interstate moving as well as storage. Other revenue sources include the sale of moving materials and freight and shipping products.

The sale includes tractors, trucks, trailers, fork lifts, storage vaults and all other FF&E. The long haul tractors are fully compliant with California emissions regulations and will not need replacement upon implementation of the next round of CARB requirements. All equipment is in excellent condition.

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Property Features and Assets:

Facilities are conveniently located in a modern industrial area with excellent freeway access. Offices are built out as Class B office space, featuring private offices and a conference room, with exceptional amenities for the employees and drivers including private shower and lounge areas. The 32,000 square feet building and premises, including the yard area have modern security in place. The yard is large enough for all company trucks and vehicles as well as being able to accommodate RV storage. The building itself is a modern design and the Buyer may have the opportunity to purchase the building.

Market Competition and Expansion:

This business is one of the highest rated moving and storage companies in CV. Although there are numerous competitors, none have the reputation it has when it comes to moving high net worth homes with expensive furnishings and art. The economy in the Coachella Valley has improved year-over-year since the depths of the recession. The area's growth going forward is expected to become substantially stronger in the coming months due to a commercial building boom along with an increase in job creation.

Reason for Selling:

Retiring

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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