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Established Moving and Storage Company

New Jersey (Monmouth County)

Services - Freight Carriers, Moving/Delivery | Services - Storage & Warehousing

$Seller Financing Available

Asking Price $899,000 Inventory  
Gross Income $1,383519 Real Estate  
Cash Flow $361,375 Year Established 2002
FF&E $418,000* Employees 35

* included in the asking price

** not included in the asking price

Amazing opportunity to purchase this established moving and storage company complete with a new Franchise System. The owner is selling his very successful Marlboro location and everything needed to begin franchising. This company continues to see steady revenues and cash flow despite the recent economic downturn. Revenues for this company are poised to increase with a renewed growth in the housing industry. Sales are derived from a good blend of Local, Intra-State and Inter-State relocations along with offering storage and other services. The company does both residential and corporate relocations. They combine state of the art technology with time tested applications of the moving business. The business comes complete with trademark, database and franchise documents. By applying concepts derived from trial and error, the owner has put together a program that would allow partners to combine profitability and technological advantages to achieve the highest level of customer service. Moving services include packing, unpacking, boxing and crating items in preparation for the move. The Marlboro facility has approximately 1500 sq/ft of office space and approximately 18,000 sq/ft of warehouse space for storage. The business also has an onsite fuel station and a paved area large enough for storing all of the rolling stock. The company stays busy year round; however, summertime is always the busiest time of the year. Approximately 2/3 of revenues are derived from June to December. A new owner could grow the business by acquiring franchisees, corporate accounts and by bidding for government contracts. The owner recently acquired a new corporate client that will add $142,000 in sales per year over the next two years. For more information call Doug Whalen, Esq. of Esquire Business Brokers at 610-551-9733. Visit www.esqbb.com for the status of this and other businesses.

Facilities: The business operates out of a 1500 sq/ft office with approximately 18,000 sq/ft of warehouse space.

Competition: To the owner's knowledge, they are the largest moving company in the county.

Growth/Expansion: A new owner could grow the business by acquiring more franchisees, more corporate accounts and by bidding for government contracts.

Seller Financing Available: Yes

Financing: Negotiable

Support/Training: Negotiable

Reason Selling: Owner is moving to Florida

Business For Sale By

Doug Whalen, Esq.

610-551-9733

Esquire Business Brokers, LLC

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