20 year old Boston Moving Company--Cash offer only

Boston, MA
Suffolk County


Asking Price: Annual Revenue:
$249,000 $750,000

Services: Moving & Storage


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RE: 20 year old Boston Moving Company--Cash offer only Broker: Seller of Business

Quick Facts

Asking Price: $249,000
Annual Revenue: $750,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: $25,000
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 15
BBN Listing #: 57748770
Broker Reference #: Not Disclosed

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Business Overview:



Well-established and very well-known Boston Moving Company for sale. Spotless reputation and extremely strong name recogniton, repeat and word-of-mouth clientele as well as strong internet lead generation. NO Advertising budget--800k of organic word-of-mouth, repeat, and referral business. No cold calls. No bought leads.

Incredible potential for growth.
Fully USDOT authorized for interstate moving, revenue around 50/50 local and interstate. 5 trucks and full equipment included, along with training materials, estimation system, procedural systems, etc. Excellent back-office person, operations and sales could be run by one motivated and competent person with the systems in place.

Strong brand recognition and excellent opportunity for growth in both local and interstate market. Owner will help to train new management/owner if desired.

Currently in rental location in Boston, however there is also potential for a new owner to find a cheaper location just outside the city and add storage as another form of revenue generation.
Best for a buyer with moving/storage/transportation experience, or a competitor looking to expand.

Leased office and lot in high-visibility area--Also branch office/warehouse/lot in Canton, MA, 1/2 hour away on long-term lease.

Run Business from one or both locations.

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Property Features and Assets:

2x24' trucks 2 x 16' trucks Over 400 moving pads, plenty of 2- and 4-wheelers, straps, bands, furniture covers, etc. Office/Lot location 1 (Boston, MA): c. 1200 square feet, Office and small warehouse space for supplies with ample parking for 10 trucks or more. Paved, fenced/gated lot with security cameras. Extremely high-visibility location in gentrified neighborhood with lots of turnover in real estate, so plenty of opportunity for business. Office/Warehouse/Lot Location 2 (Canton MA): 1800 Square feet warehouse, 650 square feet office. 14' ceilings so potential to stack storage vaults inside. 20 vaults already in warehouse. Large lot for parking numerous trucks.

Market Competition and Expansion:

Boston and surrounding towns have an extremely high turnover rate through sales and rentals of apartments/condos/houses, so business lasts through the year. Company is very well known in the Boston area and so does not have a lot of competition for word of mouth and repeat business. Highly rated on review sites, and high placement on search engines generates fresh leads.

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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