This moving & storage company is associated with a nationally known van line and has been in business under the same name since 1947.
The company is very customer focused which shows in their online reviews. They boast 4.5 stars on Google and a full 5 stars on Yelp.
The company handles both residential and commercial moves, ranging from whole house moves where the customer doesn’t want to pack a single thing to large office moves that include large, sensitive equipment.
The 100’ X 150’ climate-controlled warehouse is used to store household goods for customers as well as RVs, boats, snowmobiles and classis cars for extra income.
Purchase Price: $550,000
Gross Revenue: $700,000
Cash Flow: $90,000
Employees: 6 FT, 1 PT
Payroll: $6,000 / week.
FF&E: $300,000 (NOT included in the purchase price)
Inventory: $470,000 (included in the purchase price)
Real Estate: 6,000/month NNN
Opportunities for Growth: The company does almost no marketing. A renewed focus there will likely produce results.
Disclaimer: Information and financials provided by the sellers and Inbar Group has not audited them.
