Public Mover With 100 Year History and A+ BBB rating

Kearny, NJ (Hudson County)

Seller Financing Available
Professional Movers
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Asking Price: $125,000

Cash Flow: $45,000

Gross Revenue: $275,000

EBITDA: $100,000

FF&E: $25,000

Inventory: $2,000

Rent: $700 /Month

Established: 1900

Public Mover With 100 Year History and A+ BBB rating

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Business Description

We have a complete team with a turnkey operation for the right buyer, or if you already have an existing moving business, plug our team right in. We have 4 core movers who have been with the company for over 5 years. We have one office manager and one virtual assistant. We are open Monday to Saturday 9am-5pm. Two of the core movers also serve dual roles as in person estimators. We have the ability to do flat fee and hourly moves per our tariff. We are one of the few flat fee movers in Northern New Jersey and we have a lot of repeat customers on both the residential and commercial side. Current owner spends about 4 hrs per week running payroll and managing the strategic direction of the company.

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Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
100
Lease Expiration:
5/1/2019
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
We lease our offices and storage lockers. We have one 26 foot International with 130k miles on it.
Competition:
The North New Jersey market is great. We are always busy as we cover New York City as well as the NJ Gold Coast. Both areas are high density areas where people are always moving and the moves are usually higher revenue.
Growth & Expansion:
We are currently getting our Government Vendor Certification as well as Minority Business Application. We also have our junk removal license application in process. Adding another truck for additional business is very simple.
Financing:
Seller financing may be available with strong credit and operating experience
Support & Training:
Seller will provide 1 month of training or as needed
Reason for Selling:
Owner is retiring and looking for more passive income
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Business Listed By:
Joseph Chan

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