Full Service Residential Moving Company

Asking Price$274,900

Cash Flow
$98,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$338,300

Inventory$1,900
Not included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed

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Full Service Residential Moving Company


Asking Price$274,900

Cash Flow
$98,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$338,300

Inventory$1,900
Not included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed

Business Description
Full service residential moving company serving Beaufort and Jasper Counties, along with selected out of state locations. The sellers, with 30 years of experience in the moving service industry, provide a highly professional, friendly, and well-trained crew. The team goes above and beyond to deliver exceptional service to each of their clients. This is a high growth area with an expected 50,000 additional new homes over the next 10 years.
About the Business
Years in Operation
9
Number of Employees
5
Facilities & Assets
The sellers currently lease a 10’ x 50’ storage lot space at $140 per month. This is where the steel storage container, box truck, and a 20’ trailer are stored when not in use. The sellers currently lease a 2023 26’ Box Truck, for which the new owner may continue to do same. The equipment includes a Ford F-150 pickup, a 2020 20’ Diamond trailer, and 20’ Steel Storage Trailer.
Market Outlook / Competition
Typical levels of other local moving companies within the area. This mover has set itself apart from the competition with high expectations and delivery of a great moving experience, and as such, has been the recipient of the 2022 and 2023 "Nextdoor's Neighborhood Faves" award.
Opportunities for Growth
This is a high growth area with an expected 50,000 additional new homes over the next 10 years. The addition of a second crew of 2-3 people to service smaller jobs in the area, such as apartments, and condos, is a viable growth opportunity. To do so would increase a 20-hour work week to 30-35 hours per week of billable labor. The addition of an online presence, which should include, a website, Facebook, and other social media services.
About the Sale
Seller Motivation
Seeking to retire after 30 years in this industry.
Transition Support
Transitional training and support will be provided as needed.
Listing Info
ID
2220151
Listing Views
1399

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Business Listed by: Hilton Sher Hilton Head Business Brokers, Inc

Listing ID: 2220151 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.