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Moving and Storage Company

Montgomery County, PA

Moving and Storage Company

Asking Price:$500,000

Cash Flow:$184,477

Gross Revenue:$1,003,032

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$600,000*

Established:1950

*not included in asking price.

Moving and Storage Company

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Business Description

This Bucks County, PA well established profitable moving and storage company started 65 years ago. This regional company does both local and long distance moves, packing, storage, crating and piano moving. The current owner has owned it for 25 years. Because the company has such an outstanding reputation for quality of service, the majority of its business comes from referrals from previous customers and realtors in the area. Other business comes from direct mail and online advertising. In addition to the goodwill of the business, the sale includes vehicles, equipment and supplies used by the business. The current owner of the business owns the real estate where the business is located. In addition to purchasing the business, the acquirer of the business will need to purchase the building where the business is located.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
10,000
Employees:
2 full time
Facilities:
10,000 sq. ft. for administrative and storage purposes.
Competition:
Growth industry with a location in a rapidly growing area. Reputation for honesty and integrity A large database of past customers and referral sources. A business with no accounts receivable. All work is paid for when completed. One of a few independent moving companies in the region
Growth & Expansion:
Growth industry
Support & Training:
Owner will transition
Reason for Selling:
Retirement after 25 years

Listing Statistics for Premium Members

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Steven A. Rosen

Business Listed By:
Steven A. Rosen

Sunbelt Business Brokers of Blue Bell

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Memberships & Certifications:
Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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