Moving Company
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $586715
Net Profit / Cash Flow $65782
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees 4 - 5
Inventory 42000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training 2 week transition.
Reason for Sale Owner relocated out of state.
Description Asking Price is $150,000, which includes equipment, trucks and moving Supplies valued at $42,000. This moving company was established in 1999 and is located south of Boston and north of Providence. The business specializes in residential moves and their sales mix is evenly split between interstate and intrastate activity. The company has five employees and utilizes sub-contractors as needed. One of the employees is a full-time manager who does all of the bidding and runs the day to day operations of the business, as the current business owner resides out of state. The company has three straight trucks that range from 24 to 28 feet long and are in excellent condition. All of the trucks are equipped with Nextel communication devices. The company does a significant amount of business in Plymouth County and on Cape Cod, as well as surrounding counties.
The company generates most of its business from referrals, a positive reputation, and from the multiple advertisements in the Verizon Yellow Pages, Cape Cod Yellow Pages of New England, Superpages.com and Yellowpages.com. Hours of operation are from 7 am to 5 pm Monday - Saturday. A new owner can grow this business by expanding the advertising coverage, filing for military moving approval, and becoming an agent for one of the major van lines.
In addition to the three trucks, the sale also includes 3 desks and chairs, 2 printers, 1 copier, 1 fax, misc. office supplies, packing boxes and materials, moving blankets, carts, dollies, walk boards, etc. that are valued at approximately $42,000.
The business leases 3,000 SF of office / storage space at $1,200 per month for three year lease terms with options to renew.
The owner has relocated out of state and is selling the business. Owner financing may be considered with a favorable offer price and deal terms. A two week transition will be provided by the owner. Contact for more information on this Moving company for sale.
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