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Profitable Moving Company
Location: United States -> Pennsylvania -> Montgomery County
Industry: Business Services > Other Services




Business Summary

Successful professional commercial & residential licensed moving logistic company with a gross income of $630,603 and a net yearly income of approximately $196,000. This company located in Eastern Pennsylvania has a wonderful reputation for quality professional service. They are a licensed and insured Pennsylvania moving company to perform all local moves and fully registered with the state to perform this service. Their headquarters are in the heart of Pennsylvania and can operate at all points throughout the state. They aim for professional excellence because they understand that moving can be a challenge, and they strive to make the relocation experience as easy as possible for all of their customers. They guarantee their customers the best possible service. They are prepared to assist their customers with local and long distance moving and they also provide short-term or long-term storage solutions. The company has highly trained movers, and dedicated consulting staff with many years of experience and an edge over local competition. Whether you're moving across Pennsylvania or within the Philadelphia area, they have fully trained staff to ensure superior care. Regarding employees and payroll, this professional moving company consist of four full / part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $6,250. The business transaction will offer a new commercial lease which will expire 03/09/2022, plus additional options available, with a monthly rent of $1,500, cost per square foot is estimated at $9 and rent security of approximately $1,500. The company's fixed assets has an estimated value of approximately $125,000 which is based on the equipment and licensing buildout & replacement cost in addition to the multiple of the existing net yearly income.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $630,603
Cash Flow:   $196,000
Cash Flow Type:  EBITDA
Inventory:  $125,000
Seller Financing:  Yes

About The Business

Year Established:  2014
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.
Reason For Selling:  Owner is relocating to an alternative business industry.




Print Listing Id: 700326582
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Also See: Franchise Opportunities > Franchise Resales > Pennsylvania Businesses For Sale > Pennsylvania Franchises For Sale > Pennsylvania Business Brokers



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