Moving and storage business

Providence, RI (Providence County)

Moving and storage business

Asking Price:$585,000

Cash Flow:$300,000

Gross Revenue:$850,000

EBITDA:N/A

FF&E:$100,000

Inventory:$20,000*

Established:1980

*not included in asking price.

Moving and storage business

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Business Description

Established business with great reputation in area. Owner has long established relationships with insurance adjusters and restoration companies that use the storage facility. These customers came to him thru reputation; new owner could increase with limited marketing.
Established commercial accounts include local colleges.
Incredible Profit of $300,000 with more upside!!
Broker has audited company and its all there!!!!

Detailed Information

Inventory:
Not included in asking price
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Warehouse and offices...long term lease at very attractive rate. Lease can be terminated if buyer wishes to change location
Competition:
long established second generation business with great reputation
Financing:
not available
Support & Training:
owner will provide training and transistional assistance owner expressed interest in staying involved in the business on a part time basis after the sale to assist the new owner in growing the company
Reason for Selling:
retiring

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john e jr, mcgrath

Business Listed By:
john e jr, mcgrath

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