Excellent opportunity to own a successful, established Moving and Storage Company based on the Seacoast of New Hampshire. The Company has been around for well over 50 years and is a full service moving and storage company. They have a strong local following and do both Intra and Inter-State moves throughout the country. They handle about 500 to 600 moves per year with loyal and experienced staff and contractors in place.
Business Price: $550,000
Furniture, Fixtures, & Equipment (FF&E): Approximately $90,000, included in asking price
Sellers Discretionary Income: $246,344
Real Estate: Seller owns and is willing to consider offers to purchase, otherwise, will lease to Buyer.
Facilities: The Company is located in an area with easy access to major highways and in a facility which has capacity to increase the storage side of the business.
Competition: The Company has a strong local following with many years of experience in the area. There are other movers of various sizes but few with such strong reviews and history of service.
Growth & Expansion: They have plenty of room for growth. They spend very little on advertising, marketing and sales and have not fully leveraged outside resources for leads. They could increase the storage side of the business and contract out more national moves.
Support & Training: Seller is willing to stay on for a period of time to assist in support and training.
Reason for Selling: Retirement