Full Service Residential Moving Company
Bluffton, SC
| Asking Price: | $274,900 |
| Gross Revenue: | $338,300 |
| FF&E: | $40,000 |
| Cash Flow: | $98,400 |
| Inventory: | $1,900 |
| Established Year: | 2016 |
Listing ID: 2220151Listing provided by BizBuySell
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.
DETAILED INFORMATION
Location
Bluffton, SC
Inventory
Not Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
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.
Growth & Expansion
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.
Support & Training
Transitional training and support will be provided as needed.
Reason for Selling
Seeking to retire after 30 years in this industry.
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