Top Moving and Storage- Owner Retiring

Not Disclosed, NJ
Bergen County

Asking Price: Annual Revenue:
$765,000 $1,385,365

Services: Moving & Storage

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RE: Top Moving and Storage- Owner Retiring Broker: Daz Connell
Owner Financing is Available!
Lender pre-screened with $153,000 down.

Quick Facts

Asking Price: $765,000
Annual Revenue: $1,385,365
Net Profit: Not Disclosed
Cash Flow: $285,432
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1920
Employees: 12
BBN Listing #: 18334955
Broker Reference #: 3402-14365

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Business Overview:

Very successful moving, storage and packing business covering the NY Metro area. The business has been in existence for nearly 100 years and has moved multiple generations of families over the years. Very profitable and still lots of potential for growth. The business also has over 350 storage containers all rented and providing approximately $25,000 in storage income monthly. Very stable and perfect for a company looking for additional territory. Also, a great opportunity for a new operator with good organization and business skills. Over $1M in revenue annually!

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Property Features and Assets:

12,000 square feet facility with over 350 storage containers on premises. The owner will provide a lease or an option to purchase the building with terms. Assets= $92,615

Market Competition and Expansion:

This business stands out for its reputation and long-time success. In an industry where regulations and insurance requirements need to be strict, they win sales consistently against the local competition. This business can be easily expanded into a national moving company if interested. A great tri-state territory already established. Business can bring more business locally by adding more sales staff.

Reason for Selling:

Owner is eventually 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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