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This 30 year old company provides furniture storage, delivery, and white glove moving service for high-end clients. The majority of their customers are top interior designers that consistently use their services who require that their clients' furniture is opened and inspected prior to delivery. They have a well-established presence and great reputation in the San Diego and Orange County markets. Their centralized office/warehouse is 22,000 sq. ft. and has favorable lease terms. The business is very profitable generating $338k+ in adjusted net profit ($16-20k/mo revenue is recurring revenue from storage clients.) Included in the sale are 6 trucks (valued at $150,000) and all furniture, fixtures, and equipment. The seller is retiring, but is available for a proper transition period. This opportunity won't last long so call immediately for more details.
Lease ends 9/2022
$22,096 per annum
$795k down with the balance seller carry note
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