Profitable Moving Company

Kane County, IL

Seller Financing Available

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Asking Price:$259,000
Gross Revenue:$450,000
Rent:$550/Month
Established Year:2017
Cash Flow:$98,000
Inventory:$2,000
FF&E:$125,000
BUSINESS DESCRIPTION

Profitable Moving Company

This is a well established residential moving company with an excellent reputation for quality of service. Business has been very steady the past couple years providing over 600 residential moves annually that span local and nationwide when requested. The business allows the Buyer to work from a home office or even from your cell phone. The sale includes all past clients, contacts, processes, trade secrets, website, online five-star reviews, everything needed to maintain and grow the business. The company maintains a well-trained and dedicated a group of nine full and part time employees.


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DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
100
Lease Expiration
31/12/2023
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Office is located in an office building is located within a secure fenced area with common break room area and restroom. Additionally, there is room for the 3 moving trucks to park and access to a storage shed that holds all needed moving supplies. Two Trucks Owned: One 2021 F750 26 FT and One 2005 GMC 6500 26 FT trucks and 1 leased moving truck (month to month). All needed equipment including dollies, blankets, ratchet straps, lifting straps, ramps, power tools, etc.
Competition
The moving industry in the Unites States is $19 Billion, 28 million people moved in 2021 and the industry grows each year.
Growth & Expansion
There's a lot of room for grow in a $19 Billion industry, do additional advertising, maintaining contact with previous clients & contacts, adding additional moving trucks, entering into additional moving segments.
Financing
Seller will consider financing with credit approval and required 60% down payment.
Support & Training
Seller will provide Buyer with training over the course of a six weeks to train Buyer on all aspects of the business, from being able to provide moving estimates/quotes via email, managing the crews, customer service, vehicle maintenance schedule, payment processing. The qualified buyer doesn't need any particular experience or skills to manage this business.
Reason for Selling
Career change
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Mr
Tracy A Burnidge
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Mr Tracy A Burnidge