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Businesses For Sale   >>   Manhattan Businesses For Sale   

100 Year Moving Legacy Sba 7a Biz + 68k Sqft Real Estate

Location  Manhattan, New York, United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1600000
Net Profit / Cash Flow  $360000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1914
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  Long term transition assistance available.
Reason for Sale  Retirement.

Description  
Once in a lifetime 3rd generation family business seeks a new shepherd for another century of operations. Celebrating 100 years of excellent service and logistics/relocation assistance to tens of thousands of customers, the client is desiring retirement and seeks to spend more time on his boat during the warmer months in New England. Business can be purchased solo at $850k, SBA pre-qualified for business acquisition only or business + real estate at Buyer's discretion. Seller has an opportunity to divest building independent of the business if Buyer prefers to relocate elsewhere, current building is within 90 minutes of NYC, or alternatively a lease-back situation can be negotiated as a condition of closing. Buyer would secure their down payment investment funds within 12 months, AFTER debt service, and the balance of the financing can be retired by the cash flow of from operations. 7 Freightliner Sleeper Tractors, a fleet of trailers, turnkey operation with all FFE and Assets included in the subject sale. Awesome opportunity! NDA is required for 35 page sales prospectus crafted by the Broker. Facilities: The Company is fully housed in approximately 68,000 square feet of warehouse space and is owned by the Company. The business can be purchased with or without the property or may be moved within the greater New England area if desired. Competition: Although there are many possible competitors, the Company is able to effectively compete by targeting its services directly to its loyal customer base, keeping prices competitive, offering superior service of accounts, and building additional business through it excellent reputation and resultant referrals. The Company is known for its 100! years of experience and superior problem-solving ability.


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