Moving & Storage Business....Let's Make a Deal!

Bangor, ME

Seller Financing Available

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Asking Price:$550,000
Gross Revenue:$1,065,418
FF&E:$500,000
Cash Flow:$152,000
EBITDA:$152,000
BUSINESS DESCRIPTION

Currently, this business operates local and interstate moving services out of headquarters in Bangor, Maine. The business utilizes 4 moving vans, 1 tractor, and 2x 53’ moving trailers. The facility is an owner-occupied 20,000 square foot climate-controlled warehouse for crated and racked furniture storage, plus temporary holding location for goods in “storage in transit.”

The company moves customers locally, nationally, or internationally. The company enjoys an excellent reputation that comes from over 62 years in business, including a long list of repeat customers and verified 5-star reviews, a solid organization in-place, and significant assets to support the current business and its growth.

Annual revenues exceed $1.1 million. Tangible assets approximate $500,000. Some Seller Financing available.

NOTE: The business locations (office and warehouse) are owner-occupied and would not be transferred in the sale. The owner would consider leasing the warehouse for a pre-determined short period of time, at a negotiable rate.


DETAILED INFORMATION
Location
Bangor, ME
Inventory
Not Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility is an owner-occupied 20,000 square foot climate-controlled warehouse for crated and racked furniture storage, plus temporary holding location for goods in “storage in transit.”
Growth & Expansion
Plenty of growth opportunities
Support & Training
Solid organization in-place
Reason for Selling
Leaving the moving & storage business
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Stephen A. Strand, CPA
Certified Business Brokers of Maine
Stephen A. Strand, CPA