22 Jul Moving and Delivery Business with Storage
Location: Bergen County, New Jersey
Industry: Transportation, Freight/Moving/Delivery
Listing ID: 740
Available for purchase, established moving, packing and storage company serving the New York Tri-State Area. They provide national and international moving services for a growing customer base. This industry award-winning moving company employs a well-trained professional staff and utilizes the most cutting-edge equipment to safely transport and deliver most fragile high-end furnishings, antiques, fine arts, pianos and machinery. The company prides itself on their A+ rating from the Better Business Bureau and providing the most professional and trustworthy moving services available.
Growing moving company has expanded into providing International moving services for foreigners seeking to relocate to the United States. With over 600 agents and affiliates worldwide they can meticulously coordinate moves to the United Sates from virtually anywhere in the world. This Company is fully licensed by the Federal Maritime Commission as a Non-Vessel-Operating Common Carrier Company. New Buyer would benefit tremendously from this untapped International moving market.
Included in the sale are 5 trucks with a FMV (Fair Market Value) of $350,000. Each vehicle is in excellent running condition and equipped with a Real-Time Vehicle Tracking System.
The company has experienced significant recent growth and has taken substantial steps to meet this growth, including a new 10,000 square foot warehouse. New Warehouse is climate-controlled, provides containerized storage, and is secured with state of the art 24-hour surveillance cameras. Warehouse facility generates approximately $10K of monthly recurring revenue.
Best fit for a strategic buyer with seeking to expand and acquire a turn-key moving and storage company prepped for massive expansion in various domestic and international markets Seller will assist with transition and hold a note for qualified buyer.
Cash Flow: $253,134
FFE: $395,000 (Included in Price)
Reason For Sale:
Seeking Other Business Interests
Year Established: 2005
Days & Hours of Operation: Mon-Fri 9am to 5pm, Sat 9am to 1pm
Monthly Rent: $ 10,500
10,000 square foot warehouse.
Provides containerized storage.
24-hour surveillance cameras.
Lease Start Date: 01/01/2018
Lease Expiration Date: 01/01/2023