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Transport And Storage Biz In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$800,000
Sales Revenue:
$3,552,060
Cash Flow:
$181,000

Long established (81 years) family owned very successful moving company is for sale with two locations- one on Long Island with second CT facility. Known worldwide. This has been a family business many decades! Stockholding agent for a Nationally known and worldwide moving and transport company. Age and health issues force sale. Transports general commodities, households and corporate equipment and employees. Specific cargo like medical and high value cargo. They service customers locally, nationally, and internationally with long-established business relationships and multiple crews in place to handle all the work. NVOCC, IATA agent, full-service freight forwarder that meets all TSA standards. 70% of the revenue comes from moving and 30% comes from short- and long-term storage. The business also has several fortune 500 corporate accounts that they service. $300,000 worth of equipment is included in the sale of the business. Seller financing available. Agent for company that assist with all local and international logistics. Revenue from 187 storage pods/vaults (80% occupied). short- and long-term storage for clients. Access to 280 nationwide agents/facilities and 100 affiliated international agents. Client base consists of fortune 500 companies relocating staff, law firms, research facilities, government, medical equipment manufacturer, university and military families. Nationwide and worldwide network of affiliated agents that will help fulfil client needs. Connecticut facility has 3 warehouses totaling 51,000 sq ft. Long Island facility is 29,000 sq ft. Ct. owner/manager willing to stay for up to 5 years. Business profile is based on the 2019 Pre Covid numbers. No sales staff and little marketing. New owner operator can quickly scale the business back up in this new mobile, post covid environment. Proof of funds and some transport and logistics background is required for a meeting with the owner. Seller Financing available. Contact broker Joseph Stansky for more information.

If interested, please contact the seller through the form on this page.

Business Operation

Reasons for selling:

Age and health

Years established:
1941

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

550,000.00 Down & $ 250k over 3 [email protected]%

Furniture / Fixtures value:
$300,000

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