Ascend Business Brokers
Business Intermediaries

  PROFITABLE MOVING AND STORAGE COMPANY  

Lisiting ID: XY710                                               [Greater Boston, MA]


Moving and Storage Company for Sale

Financial Information

Asking: $375,000
Gross: $850,000
Cash Flow: $125,000
Furniture, Fixtures & Equipment: $125,000
Financing: Seller will consider financing for qualified industry buyers.

Summary Description
The seller is a midsize moving and storage company, providing local and International moving and packing services. The company services both residential and office markets and is an agent for a major van line. The company has Interstate hauling authority, as well as hauling authority in Massachusetts.

General Information
Facilities
: The company occupies an 8,000 square foot facility located in the Greater Boston Area. The facility includes the company’s offices, storage space, loading facilities, and houses all of the company’s equipment and vehicles. The efficient layout of the company’s facilities will easily accommodate increased business.
Lease: Monthly rent currently is $5,800, triple net. The lease term runs until October 31, 2015.
Competition: While there are many local and regional moving and storage companies in the densely populated areas of Massachusetts, this company is best known for its reliability and high level of service.
Growth and Expansion: The company is a potential acquisition candidate for a larger moving and storage company. Combining management and administrative functions should increase net profit. Moreover, the company presents a unique opportunity for an out-of-state mover to establish an immediate presence in the region.
Support/Training: The seller is willing to train the new owner for a reasonable period of time. A longer period of transition, at a reasonable rate of compensation, is open for discussion to the right buyer.
Reason Selling: The seller is retiring.
Year Established: 1995
Employees: 17 – 22 Full-time and part-time employees.



Contact Information

Wayne S. Michals
Tel: 866.970.7050, Ext. 100
Fax: 617.273.2620

Email: wmichals@ascendbrokers.com
Blog: The Business Arc