71216-REDUCED Household an Office Moving Services near OKC

OK

71216-REDUCED Household an Office Moving Services near OKC
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Asking Price: Get Financing: $275,000

Cash Flow: $150,000

Gross Revenue: $460,000

EBITDA: N/A

FF&E: $80,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 1980

71216-REDUCED Household an Office Moving Services near OKC

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Business Description

REDUCED This business offers better than a three Year Return on Investment! The owner is asking a minimum price and will carry some of that himself. There are 6 trucks, storage facilities, and a 16’ trailer, enough to dramatically increase this business. Servicing the Oklahoma City area for over 30 years, this moving company has had consistent revenues over the years. Currently, 50% of revenue derives from individuals moving to or from, apartments, condominiums, and single family homes. Of these numbers, 75% come from high-end residential neighborhoods, and 25% come from regular residential customers; apartments, condos, small homes. Meanwhile, 40% of the company’s revenue come from various sized businesses, 8% of moving services sold to businesses in the medical industry and 2% from large industrial sized businesses. The company has a proven track record. Their reputation is supported by several customer reviews and 5-star ratings. This is a great opportunity to own a good business for a small price.

While the company maintains a website, word-of-mouth referrals is the company’s most effective method of advertising. They also send out fliers and support the local community and sports teams. A more aggressive buyer may consider purchasing addition trucks and hiring more movers to increase the company capacity. With management already in place, this company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Owner financing may be negotiable for the right buyer. Contact David Michaelson at 972-912-0033.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2500 sq. ft. office situated on a residential half acre with current owner's home. The facility is available for a 6-12 month transitioning or could be purchased additionally. The business could otherwise be relocated within the 50 mile service area.
Support & Training:
While the owners are approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
Reason for Selling:
Approaching retirement.
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