Established, Profitable Moving and Rigging Company

Sale Pending

Asking Price$1,200,000

Cash Flow
$511,000

EBITDA$360,000

Gross Revenue$3,377,000

InventoryNot Disclosed

FF&ENot Disclosed

Moving & StorageSave

Established, Profitable Moving and Rigging Company


Sale Pending

Asking Price$1,200,000

Cash Flow
$511,000

EBITDA$360,000

Gross Revenue$3,377,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
For sale is a reputable moving and rigging company with a history of excellent service. It offers a wide range of commercial moving services, along with specialized rigging and machinery moving capabilities. They also provide limited household moving services. This is a rare opportunity to acquire a business with a long-standing reputation for quality service and customer satisfaction.

Please complete the NDA for more information:-->https://www.bbkr.us/ndalink

Key Highlights:
1. Rich History: The company has been a trusted name in the moving industry for generations.
2. Comprehensive Services: The company provides a wide array of services including residential moving and storage, office moving, plant relocations, and machinery rigging services.
3. Strategic Location: centrally located in New England, with a newly expanded warehouse.
4. Strong Network: Part of a worldwide Moving network, providing extensive coverage across the United States.
5. Stable Customer Base: A loyal group of repeat clients responsible for a significant percentage of the firm’s business.
6. Specialized Equipment and Expertise: State-of-the-art equipment and specialized heavy moving services, allow for flexible solutions to various situations.
7. Growth Potential: Opportunity for expansion through increased sales efforts, as the current business relies minimally on advertising and marketing.

Financial and Operational Highlights:
• Efficient cost management, particularly in direct labor, which is a major component of the company's costs.
• Potential for growth through increased marketing and sales efforts.
• Current owners willing to assist with transition for a reasonable period.

Please complete the NDA for more information:-->https://www.bbkr.us/ndalink
About the Business
Years in Operation
100
Employees
20
Facilities & Assets
The business leases a large warehouse space and the assets include a fleet of various size moving trucks. Also included is an extensive assortment of warehouse equipment, forklifts, pallet jacks, and rigging equipment. The facility itself features both containerized and loose storage of household goods, machinery and other industrial equipment.

The service area is all of New England with Southern NH, Northern MA, and the Boston area as the most routine destinations.
Market Outlook / Competition
While residential moving services have been affected by slumps in housing starts and mild drops in housing sales, the essential need for business relocation services has kept revenue expanding through 2024. A small proportion of customers, particularly large corporations, require warehousing services regardless of economic conditions. This provides a steady revenue stream, with rent as a percentage of revenue remaining stable.
Opportunities for Growth
This is a great chance to buy a successful business with a loyal customer base and strong growth potential. The new owner will benefit from the company's reputation, specialized equipment, and extensive experience. If a new owner wanted to grow the business the most effective method would be to hire more sales professionals.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
66,000
Rent
$40,610.00 per month
Lease Expiration
1/1/2042
About the Sale
Seller Motivation
Retirement
Transition Support
The owner will be available for a reasonable period to train a buyer.
Listing Info
ID
2337212
Listing Views
2091

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Business Listed by: Joshua Meltzer Diversified Business Advisors

Listing ID: 2337212 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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