Moving Transportation Netting $390K only 10% Down

Morris County, NJ
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Asking Price:$750,000
Gross Revenue:$1,587,398
FF&E:$490,000
Cash Flow:$390,122
Inventory:$20,000
Established Year:1999
BUSINESS DESCRIPTION

Independent Moving & Storage

You only need 10% ($75,000) down to purchase this successful business! This business has already been lender approved. You will earn $276,000 (after paying loan) first year getting your 10% back in 6 months!!

This business has flourished into a reputable, independent moving & storage business with worldwide capabilities. Word of mouth and repeat business is a big part of their influx as they have proven to be a contender in the moving industry. Whether they move customers locally within NJ, or Interstate throughout the country, or overseas with the use of a Forwarder, they provide a first class, white glove approach to the industry. Their attention to detail is what people like the most. They provide a top notch service for a competitive price, and if storage is needed in between house closings, they can provide that too! A great reputation, a beautiful storage facility, and a proven track record make this turn key business a great opportunity for a buyer!

Owner willing to stay on and help run business
Warehouse and employees are in NJ but for last 10 years owner runs it from Florida!
Fully staffed with long term employees in place
2024 Net income is already above $292,000!!


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,900
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Lender pre-screened with $75 down.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Retiring.
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Joe
Chiarello
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Joe Chiarello