Established, Profitable & Highly Rated Moving Company
Asking Price: 499995.00
Cash Flow: 199073.00
FF&E Value: 268355.00
FF&E Included in Sale: Yes
Inventory Value: 10000.00
Inventory Included in Sale: Yes
Real Estate Value: $
Real Estate Included in Sale: No
Year Established: 2009
Listing Number: HZ397DZ
Listing Broker: Dustin Zeher
Great opportunity to own an established and reputable moving company that’s fully insured and licensed that has been serving the DC area for the past 10 years. The business has five trucks and specializes in residential and commercial moving, packing, and short-term storage. They handle all the different phases of relocation for clients with a focus on ensuring customer satisfaction from start to finish. The company also offers various related services like junk removal, cleaning, and labor only appointments.
The business has an excellent reputation in the DC area with reliable team of employees in place. Over the years, more than 35% of the annual business is driven by repeat and direct referral customers. Clients are able to customize their move according to their own needs and timeline. The business offers both local and long distance moving with trucks from 17’ to 26’ in size enabling them to capitalize on both large and small scale moves.
The owner and founder has grown the business to Philadelphia (through a partnership which is not for sale) and is now offering their flagship location in Kensington, MD for sale. This is a fantastic situation to own this business that is up and running with established staff and a versatile fleet with a strong profit margin. Sales have averaged $1.15M over the least 4 years with profits that are impressive and dependable. The future owner could be hands on and take over sales or operations to push revenues and increase profitability. The opportunity to grow the business is compelling with 3 Mid-Atlantic locations and the history and expertise of the other corporate locations. The owner is willing to stay on as a sales and operational consultant for up to 12 months to assist with the transition of the business. We don’t expect this opportunity to last long at this price, so contact us today to learn more!
Description of Facilities:
The business runs out of a commercially zoned house with a parking lot in a mixed-use zoning neighborhood. The building is 2500 Sq Ft with 2.5 baths; 1100 Sq Ft office, 900 Sq Ft on-site apartment space; +/-800 Sq Ft of storage.
There is standard competition for the market, but this business has been established for 10 years with a great reputation in the DC area which is backed up by hundreds of positive reviews.
Growth & Expansion:
There are several opportunities for growth and expansion. A new owner might consider increasing volume with larger crews. There is also room for growth by expanding more into ancillary services like labor, junk removal, cleaning, and other related fields.
Seller Financing Available:
Seller Financing Terms:
The Seller is open to potentially offering seller financing at rates and terms to be discussed based on the final purchase price and qualifications of the buyer.
Reason For Sale:
Owner has moved out of the area.
Seller Support & Training:
Seller will offer necessary training and support.
Great opportunity to own an established and reputable moving company that’s fully insured and licensed that has been serving the DC area for the past 10 years. The business has five trucks and specializes in residential and commercial moving, packing, and short-term storage.