Relocation, Moving & Storage Company

Not Disclosed, CA

Northern California


Asking Price: Annual Revenue:
Not Disclosed $5,989,000

Services: Moving & Storage


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RE: Relocation, Moving & Storage Company Broker: Janet Scherr

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $5,989,000
Net Profit: Not Disclosed
Cash Flow: $640,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1956
Employees: Not Disclosed
BBN Listing #: 785627342
Broker Reference #: RelocMove

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Business Overview:

The Company has been in business for more than 65 years and is located in Northern California. As an agent for a national moving corporation, it provides a full range of storage, packing, distribution, and relocation services. The Company’s customers are residential and commercial, as well as state and military agencies.

Upon a sale, the two partners will stay up to one year or more to support the transition in ownership and then they will retire.

Investment Highlights
• Longevity in the industry and strong name recognition is unsurpassed in the market
• Holds GSA Schedules with state government agencies for office moving services
• Very diverse customer base, minimal concentration

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Property Features and Assets:

The Company is located in an industrial area surrounded by residential neighborhoods. The property is leased. The lease contract expires in August 2024. The facilities consist of: • Office building with 2,500 square feet • Warehouse with 46,000 square feet • Yard area for parking tractors and trailers

Market Competition and Expansion:

The Company experiences minimal competition in the marketplace. Only two or three moving companies are contracted with the state to do as much agency moving as this company does. There is significant opportunity to grow by pursuing more GSA Schedules with different state government agencies.

Reason for Selling:

Retirement

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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