Profitable Century Old Moving and Storage Company

Washington County, OR
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Asking Price:$649,000
Gross Revenue:$2,591,503
Established Year:1925
Cash Flow:$65,251
Rent:$36,500/Month
BUSINESS DESCRIPTION

This over 100 hundred-year-old moving and storage company is an incredible opportunity. Owned by its current owner, the company has continued to grow. This company provides local, state-wide, interstate, and worldwide moving services for residential and commercial moves. Utilizing their own trucks, 3rd party service providers, and 12 portable storage containers that the company transports and delivers locally. The company also provides storage in their 40,000 square foot warehouse facility for local businesses and delivery of those items. The company also provides record storage for customers and has over 300 hundred vaults. There are 3 office admin staff, 2 long distance drivers, 4 local drivers, and 10-12 part-time helpers that fill out each crew. The owner and his son, who is the general manager, will be moving on after the sale, but are willing to stay on for an extended period after the sale to help with transition. The company is centrally located in the Portland Metro area off a major highway, allowing for easy access for the delivery vehicles and trucks. The company comes with 6 assorted trucks and 6 trailers. The company provides its owner a consistent 6 figure income year over year and is in a strong growth position for the future.


DETAILED INFORMATION
Location
Washington County, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
41,000
Lease Expiration
31/07/2027
Employees
21
Support & Training
90 weeks
Reason for Selling
retiring
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Michael
Morrissey
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Michael Morrissey