Moving Company Nets $180K

Not Disclosed, PA
Montgomery County

Asking Price: Annual Revenue:
$395,000 $630,603

Services: Moving & Storage

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RE: Moving Company Nets $180K Broker: Ron Cervelli
Owner Financing is Available!
May be considered to a qualified buyer.

Quick Facts

Asking Price: $395,000
Annual Revenue: $630,603
Net Profit: Not Disclosed
Cash Flow: $186,875
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 4
BBN Listing #: 6493909
Broker Reference #: SVS415

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Business Overview:

Successful professional commercial & residential licensed moving logistic company with a gross income of $630,603 and a net yearly income of approximately $186,875. This company located in Eastern Pennsylvania has a wonderful reputation for quality professional service, is a licensed and insured Pennsylvania moving company to perform all local moves and fully registered with the state to perform this service. Their headquarters are in the heart of Pennsylvania and can operate at all points throughout the state. They aim for professional excellence because they understand that moving can be a challenge, and they strive to make the relocation experience as easy as possible for all of their customers. They guarantee their customers the best possible service. They are prepared to assist their customers with local and long distance moving and they also provide short-term or long-term storage solutions. The company has highly trained movers, and dedicated consulting staff with many years of experience and an edge over local competition. Whether you’re moving across Pennsylvania or within the Philadelphia area, they have fully trained staff to ensure superior care. This moving company consist of four full / part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $6,250. The business transaction will offer a new commercial lease which will expire 03/09/2022, plus additional options available, with a monthly rent of $1,500, cost per square foot is estimated at $9 and rent security of approximately $1,500. The business has been valued / priced at $ 395,000 which is based on a multiple of the net yearly income and includes the value of the specific business assets. Also, possible seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable safe business opportunity. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

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Property Features and Assets:

The company is in Eastern Pennsylvania conveniently located near various state highways. The business has storage space in a modern warehouse which consist of approximately 2,000 square feet.

Market Competition and Expansion:

To the best of our knowledge, due to various circumstances, no other new competitors are expected to interfere with this business operation. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The company can be further expanded with a new operator, by investing in additional trucks, increasing employees and expanding advertising which will further develop the business yearly gross sales.

Reason for Selling:

Owner is relocating into alternative industry.

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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