Regional Moving And Storage Business

www.GlobalBX.com

Listing ID: 700181964

Listing Title: Regional Moving And Storage Business

Quick Link: http://www.globalbx.com/listing.asp?bId=181964

Industry: Professional Services

Industry Segment: Other Professional Services

Country: United States

State / Province: Maryland

Area

City:

Asking Price Range: $500K - $1.0M

Gross Revenues: $110,000,000

Cash Flow: $22,000,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2006

Number of Employees: 6 - 9

Business Description:
Capture this supreme moving and storage business while you can... Regional moving and storage business serving the Baltimore / Washington DC Metro Area with network of subcontractors across the country to service interstate moves. Assets include 3 new trucks, still under warrenty; forklift; crates; and specialty software. Low maintenance, easy to manage operation with 2 office/sales staff, 4 subcontracted foreman for moving, and customer service/claims lines for owner's convenience. Seller willing to train new owner. ALL DEBTS WILL BE PAID OFF BY SELLER! Asking Price $775,000.00 Revenues $1,100,000.00 Cash Flow $220,000.00 Images of Listing Lease $5,800 / mo. total. Lease Notes Owner earns $1,500 / mo. income from subleasing space. Reason for Selling Owner established business with selling in mind. Entity LLC PUBLIC Number of Employees 2 Staff, 4 Foreman for moving Number of Employees Notes All workers are 1099 subcontractors. Foreman hire PUBLIC Payroll $277,000 / year Payroll Notes All 1099. No taxes, workman's compensation, benefits, etc. to worry about. PRIVATE Building Size 7,800 Sq. ft. Utilities $3,000 / yr. Equipment 3 Trucks, 1 Forklift, crates, software. Trucks are (1) 2008 with 110K miles valued at $30~$35,000 and (2) 2011 with only 40K miles each valued at $85,000 combined.



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