MergerPlace

50 Year Independent Moving & Storage Co

Cincinnati, Ohio (Hamilton)


  • Asking Price: $205,000
  • Gross Income: $455,000
  • Cash Flow: $67,000
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $70,000
  • Listing ID: #211287
  • Established: 1968
  • Employees: 6

Business Description

With over 50 years in the business, the original owner is ready to fully retire and transition the business to someone who will not only carry on the good name of the business, but will build upon the foundation that the seller has created. This company provides customized and comprehensive moving plans for both residential and commercial clients whether they are moving across town or across the country. All of their movers are licensed, bonded, and insured. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan qualified
Long time employees
Residential and commercial movers
Sells all of the essential moving supplies
A+ Rating with the Better Business Bureau
Referred by realtors and many previous customers
Clean books and records – all numbers are verifiable
0 customer complaints with the Better Business Bureau
Licensed to perform long distance hauls to many states
Price includes all inventory and equipment valued at over $70,000


Business Details

Primary Business Category: Services - Other Services
Location: Ohio
Metropolitan Area: Cincinnati
County: Hamilton

Company Information

Year Established: 1968
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6

Financial Information

Asking Price: $205,000
Gross Revenue: $455,000
Cash Flow: $67,000
EBITDA: $67,000
FF&E: $70,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

The facilities are very adequate and capable of handling much more moving and storage business.

Growth & expansion opportunities:

The company is poised for immediate growth. A new buyer that is driven and marketing savvy can easily take this business to the next level.

Competition:

More and more, customers like to use the smaller, family type of moving business. Most of the current business is attained through reputation and word of mouth advertising.

Reason for selling:

The seller is of retirement age.

Support & Training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Contact Business Seller

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Business Listed By:

Dan Long

Cincinnati Business Brokers