25 Yr Moving & Storage Company $115K Owner Income

Location: United States -> Ohio -> Cincinnati
Industry: Business Services > Other Services

This is one of the oldest local independent moving and storage companies in Greater Cincinnati. Seller has positioned his company for many more decades of increased sales and profit. Currently he operates the office out of his house and leases storage space. His overhead is low and his staff consists of veteran moving employees that have been with him for many years. Seller is in poor health, but will provide transition to a new owner and do whatever it takes to make a new owner successful. Sales have averaged $460,000 and seller income has averaged $115,000 over the past 3 years. 4 trucks and much equipment are included in the sale. Asking price is $279,000. Email or call Dan Long at 513-321-7666 if interested in this Moving and Storage Company for sale.

Financials

Asking Price Range: $250K – $500K
Gross Revenues: $460,000
Cash Flow: $115,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $18,000
Seller Financing: No

About The Business

Year Established: 1983
Number of Employees: 6 – 9
Relocatable: Yes
Franchise: No
Current Real Estate: Owned
Property: Property For Lease

About The Sale

Management Training and Support: Yes, plenty of support and training.
Reason For Selling: Poor health.