50 Year Independent Moving & Storage Company

Cincinnati, OH (Hamilton County)

50 Year Independent Moving & Storage Company
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Asking Price: $205,000

Cash Flow: $67,000

Gross Revenue: $455,000

EBITDA: $67,000

FF&E: $70,000

Inventory: $1,000

Rent: $0.00

Established: 1968

50 Year Independent Moving & Storage Company

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Business Description

Excellent Long-Term Employees

With over 50 years in the business, the original owner is ready to fully retire and transition the business to someone who will not only carry on the good name of the business, but will build upon the foundation that the seller has created. This company provides customized and comprehensive moving plans for both residential and commercial clients whether they are moving across town or across the country. All of their movers are licensed, bonded, and insured. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan qualified
Long time employees
Residential and commercial movers
Sells all of the essential moving supplies
A+ Rating with the Better Business Bureau
Referred by realtors and many previous customers
Clean books and records – all numbers are verifiable
0 customer complaints with the Better Business Bureau
Licensed to perform long distance hauls to many states
Price includes all inventory and equipment valued at over $70,000

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
12,000
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facilities are very adequate and capable of handling much more moving and storage business.
Competition:
More and more, customers like to use the smaller, family type of moving business. Most of the current business is attained through reputation and word of mouth advertising.
Growth & Expansion:
The company is poised for immediate growth. A new buyer that is driven and marketing savvy can easily take this business to the next level.
Support & Training:
The owner will train in all aspects of the business and will be available to ensure a smooth transition.
Reason for Selling:
The seller is of retirement age.
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Dan Long

Business Listed By:
Dan Long

Cincinnati Business Brokers

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