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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Moving Co. Nets $196K
(Services)
Montgomery County , PA
Listed Price: $ 395,000
Listing ID: SVS380

Listing DetailsGross Revenue: $ 630,603
Cash Flow: $ 196,000
FFE: $ 125,000 (Included in Price)
Inventory: $ 125,000 (Included in Price)
Reason for Sale:

Owner is relocating to an alternative business industry.


Training & 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.


OperationsYear Established: 2014
Days & Hours of Operation: Mon.-Sat. 8am-4pm
Non-owner Payroll: $ 6,250
Employees: 4
Absentee Owner: No
LocationLease Expire: 0000-00-00
Lease Security: 1500
Monthly Rent: $ 1,500
Square Footage: 2000
Facilities:

The company is in Eastern Pennsylvania conveniently located near various state highways. The business has storage space in a modern warehouse which consist of approximately 2,000 square feet.


SummaryBusiness Description:

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. This successful moving company business operation is active six days per week, with hours from 8:00 am to 4:00 pm. This transaction includes all the required documentation including a certificate of occupancy from the local municipality and the required state or city licenses to conduct its day to day business. The company routinely has approximately $2,500 of marketable inventory and the purchaser will be responsible for that cost at time of closing, based on wholesale value. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.


Competition:

Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected to interfere with this business operation. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.


Potential Growth:

The company can be further expanded with a new operator, by investing in additional trucks, increasing employees and expanding advertising which will further develop the business yearly gross sales.


Financing/Terms:

Seller financing is available to a qualified buyer.