MergerPlace

Absentee Potential 50 Year Old Moving an

Florida


  • Asking Price: $795,000
  • Gross Income: $971,486
  • Cash Flow: $209,689
  • Real Estate: Not Disclosed
  • Inventory: $15,000
  • FF&E: $200,000
  • Listing ID: #226124
  • Established: 1980
  • Employees: 7

Business Description

Unique opportunity to purchase a 40-year-old potentially absentee run moving and storage company in Miami Dade County. Same owners since inception have built a tremendous award-recognized business with an impeccable reputation. The companies niche business is government/military moving and storage and has not done any marketing in years for the very lucrative COD business (corporate household). Real estate is booming in South Florida and hundreds of thousands of people are moving here every month so it would be very simple to explode the COD business feeding off the company's reputation and relationships with most of the major lines nationwide. SPOTLESS books and records as monies are all deposited, and addbacks are very straightforward. Health issues force the sale of this premiere moving company but the wife would stay not only to transition but potentially post-closing. Full staff in place including logistics warehouse manager and office person that is currently doing most of the office work and could be office manager/supervisor. With the scarcity of SBA businesses available and the attractive SBA programs currently being offered this business will not last long. The company has over 500 moving Pods/Containers they rent for storage inside their 20,000 sq ft facility. Sales were down slightly in 2020 as a couple of months were affected by COVID but aside from that steady numbers and potential to double sales with marketing. Please refer to listing number 2201753640, business broker Jesse Peraza 786-444-4757 when inquiring about this listing.


Business Details

Primary Business Category: Couriers, Warehousing & Storage
Location: Florida

Company Information

Year Established: 1980
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7

Financial Information

Asking Price: $795,000
Gross Revenue: $971,486
Cash Flow: $209,689
FF&E: $200,000
Inventory: $15,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 16000 Square Footage: 20000 Building Type: Industrial Terms & Options: available Expiration Date: 3/1/2023

Competition:

Non Compete : Miles: 100 Years: 3

Reason for selling:

Health

Support & Training:

Weeks Training: 4 Cost: $0

Contact Business Seller

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Business Listed By:

Jesse Peraza

Transworld Business Brokers of Central Florida