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- RE: Moving And Storage Of High Value Electronics - $300K+ SDE
- Contact: Mark Werbalowsky
Quick Facts
Asking Price: | $715,000 | |
Annual Revenue: | $1,694,974 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $339,577 | |
Total Debt: | Not Disclosed | |
FF&E: | $300,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1979 | |
Employees: | 12 | |
BBN Listing #: | SB-55889 | |
Broker Reference #: | ATLANGA003-55889 |
Business Overview:
Since 1979 this Company has been providing moving and storage of high value electronic equipment for a range of Commercial clients. Their ability to provide “white glove” deliveries for their clients sets them apart from their competition. The deliveries are mostly in the S.E. United States, with others routed as far as Pennsylvania and Texas. Approximately 50% of the deliveries are in The Carolinas, 40% in Georgia, and 10% to other States. There is one client of 20+ years that accounts for 72% of the Company’s annual revenue. There are 40+ active clients in their database. Eighty percent (80%) of the business are repeat clients. Ninety percent of the revenues are from moving, while ten percent is from storage. The owner of the business believes that with new ownership that this long-term client will remain a client. There are 12 FT and 4 PT employees who are highly trained professionals. The sale includes 8 vehicles, and a range of specialized moving equipment. We estimate the fair market value of the FF&E to be $300K+. The business possesses the following licenses: GPSC class common carrier, Common Carrier Authority, and ICC 48 Interstate Authority. INVESTMENT HIGHLIGHTS: * The business has been in continuous operation since 1979.* Eighty percent (80%) of the business is repeat from a base of 40+ clients.* There are 12 FT and 4 PT highly trained and professional employees.* The sale includes approximately $300K+ in FF&E.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
The business operates from a leased 5,200 sq. ft. facility with monthly rent of $4,320.00 per month. The lease expires in July of 2025.Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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