Business For Sale

North Carolina Relocation Specialists

Raleigh, NC
Wake County


Asking Price: Annual Revenue:
$250,000 $1,976,000

Services: Moving & Storage


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RE: North Carolina Relocation Specialists Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $250,000 10% Buyer Down Payment: $25,000 10% Seller Financing: $25,000 80% Bank Loan: $200,000 A 10% down payment of $25,000 returns $68,868 in the first year after debt payments!

Quick Facts

Asking Price: $250,000
Annual Revenue: $1,976,000
Net Profit: Not Disclosed
Cash Flow: $106,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 30+ years
Employees: Not Disclosed
BBN Listing #: 268534398
Broker Reference #: LOG014

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Business Overview:

This absentee-owned company excels in all facets of the relocation industry, including an array of storage solutions. Loyal customers and long-term relationships have helped this company grow for over 30 years. This business comes well equipped with 2 Day Cab tractors, 2 straight trucks, 3 trailers, and 2 forklifts along with specialized gear to facilitate expert transition services. Working with both residential and commercial clients, interstate moves are an area of specialty for this company. Offering services from packing to debris removal, no move is too complex.

This business is one of only a few approved providers of moving services for Active Duty service members and federal employees. For those being deployed or relocated, this company is at the front of the line to garner that business and facilitate base to base or overseas transitions. Currently they are leasing a 24,000 sq. ft. endcap of an industrial multi-tenant building which includes 18 smart move containers, and 280 storage vaults (at 88% capacity).

A new location would be a great way to expand this business. The current location has no fenced area, so it would be difficult to add any additional trucks. Also, reoccurring storage revenue could be increased with the addition of more vaults. The absentee owner is ready for retirement and has priced this company below market value to expedite that goal.

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Property Features and Assets:

24,000 total square feet – endcap of industrial multi-tenant building. 1,976 square feet office space, 3 dock doors, 24’ clear height, 1 drive-in door, 40’ x 40’ column spacing, 280 storage vaults, 18 smart move containers, 60 lift vans.

Market Competition and Expansion:

Expand into a new location with fenced area for truck parking, add additional storage vaults (currently 88% full).

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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