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Well-Established, Reputable Moving CompanyFor Sale
Lake Havasu City, AZ (Mohave County)
Seller Financing Available
Asking Price: $490,000
Cash Flow: $160,000
Gross Revenue: N/A
Lease Rate: $6,000 /SF/Month
With nearly fifty years of experience, this moving company, located in Lake Havasu City, Arizona, is on the market for $490,000. Established in 1969, the family-owned business has been operated by the present owners since 2002 with a staff of 8 ( 5 full-time and 3 part-time ); it grosses approximately $500,000 annually with very limited competition. With consistent revenue, the fully-insured company provides a wide variety of services:
1). In-state ( Arizona )
2). Out-of-state (includes all 50 states )
3). International ( Recent locations include: Viet Nam, Canada, Germany,
China, Hungary, Ecuador,Tahiti )
Additionally, this company serves as a trusted agent for National Van Lines with numerous accounts; therefore, possibilities for growth and development are definitely available. An important feature of the location of the business is that this particular area of Arizona has a steady turnover in part-time and seasonal home sales, thus necessitating a dependable moving service such as this one.
Currently, the company is situated in a MIP zoned Industrial Park with a total of 7,500 square feet( includes 3 box trailers used for storage).Monthly lease rate is $6,000 with an expiration of 12-31-2018. Included in the total operation is a warehouse, a front office, restrooms, rear roll-up door and a loading dock/ yard. Located on a fenced-in, one acre parcel of land, the building and land are appraised at 1.4 million and also available for sale.
Valuation of the facilities is estimated at $300,000 inventory($40,000); FF&E($60,000); truck, trailers($200,000). All of the aforementioned are included in the sale. Prospective buyers can be assured that the present owners are willing to offer training and support on a short-term basis (terms for this are negotiable). Having operated the company since 2002, the present owners look forward to their retirement. Financing assistance from the owners will be considered; however, inquiry as to which parts of the transaction would be included may be directed specifically to the owners.
With impressive, consistent revenue as well as a strong opportunity for growth, this reputable industry leader is ideally located in a major retirement area( Mohave County, Arizona) as well as a popular destination for "snow birds" a perfect scenario for a business with an excellent reputation , a healthy annual profit and clientele who need the services of a proven, dependable moving company .
Inventory:Included in asking priceReal Estate:LeasedBuilding SF:7,800Lease Expiration:12/31/2018Employees:8Furniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities:warehouse, front office, restrooms, roll-up door, loading dock and yard,inventory, machinery,equipmentCompetition:Consistent revenue and clientele--- agent for National Van Lines Reputable industry leader with best equipment, storage capabilities and man power in Mohave CountyGrowth & Expansion:Definite growth and expansion possibilities in large part due to the company serving as an agent for National Van Lines . Also, great need in this area due to seasonal housing and constant turnovers in real estate160Support & Training:willing to train on a short-term basis (terms are negotiable )Reason for Selling:RetirementBusiness
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