Northern Colorado Moving Company

Larimer County, CO

Northern Colorado Moving Company

Asking Price:$410,000

Cash Flow:$147,100

Gross Revenue:$354,700





Northern Colorado Moving Company

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Business Description

Our company has been in the moving & storage business for the past 25 years. Most of our business is residential, although, we have moved quite a few commercial businesses as well. Our company idea came as a result of a couple “refreshments” after a softball game, with my main competitor on the diamond & in the business. He was the local manager for a national moving company and I was the sales person for another. We discovered a unifying theme---we were both very dissatisfied how our companies operated in northern Colorado and how they treated their customers. A big organization was a handicap in a very personal-type business. We believed we could team up & be a formidable force in the local market place. Our business criteria – both of us wanted to live in northern Colorado, wanted to be a manageable small company and wanted to provide a service to families second-to-none. Our business philosophy was to be a “referral based” business, and as such, would be more lucrative. We understood that Coloradoans were of a mobile demographic profile, which would allow us to grow regionally. Our Goal – “exceed all customer expectations”. Paying attention to the smallest details allowed us to meet that goal. As the current owner, my personal intention was to keep growth manageable and not just take on unprofitable jobs and yet meet my personal lifestyle needs. However, a new owner could easily take the business to higher levels. The northern Colorado area has much potential and room for more company growth.

Currently, the Company has 4 full time workers and 4 part-timers called in when necessary.

For the new owner, I personally would love to work "part time" and assist the new owner in making the Company bigger and stronger. I believe my work ethic would be beneficial and provide continuity in business operations.

Detailed Information

4 FT & 4 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Business operates from leased warehouse facilities. Number of units may vary from time to time depending on customer demands. (Home Based)
While there is local competition in the Northern Colorado market, the Company prides itself on "exceeding customer expectations", and therefore, competes effectively with all of its competitors - from small locals to the larger moving companies.
Growth & Expansion:
The Seller has purposely held down the growth to create a personal lifestyle that fits the Seller - 3/4 time. A new Buyer may take this Company & grow it much larger. To date the Company has concentrated its new customer growth from referrals and repeat customers. A new Buyer can accelerate the growth curve by negotiating a part-time position with the current owner to develop marketing strategy and assist in other operational activities.
Support & Training:
Seller will provide up to 30 days of transition training & support. Seller would like to negotiate a part-time position to assist new owner in developing & growing the Company.
Reason for Selling:
This business is Home-Based

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Larry K. Pedersen

Business Listed By:
Larry K. Pedersen

Pedersen Consulting Group, Inc.

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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