Established Moving and Rigging Company
For sale is a well-established, highly reputable moving and rigging company with a long history of superior service, This company offers a comprehensive range of services for both residential and commercial moves, as well as specialized rigging and machinery moving capabilities. This is a rare opportunity to acquire a business with a long-standing reputation for quality service and customer satisfaction.
Key Highlights:
- Rich History: The company has been a trusted name in the moving industry for generations.
- Comprehensive Services: The company provides a wide array of services including residential moving and storage, office moving, plant relocations, and machinery rigging services.
- Strategic Location: centrally located in New England, with a newly expanded warehouse.
- Strong Network: Part of a worldwide Moving network, providing extensive coverage across the United States.
- Stable Customer Base: A loyal group of repeat clients responsible for a significant percentage of the firm’s business.
- Specialized Equipment and Expertise: State-of-the-art equipment and specialized heavy moving services, allow for flexible solutions to various situations.
- Growth Potential: Opportunity for expansion through increased sales efforts, as the current business relies minimally on advertising and marketing.
Financial and Operational Highlights:
- Efficient cost management, particularly in direct labor, which is a major component of the company's costs.
- Potential for growth through increased marketing and sales efforts.
- Current owners willing to assist with transition for a reasonable period.
Reason for Sale: Retirement
This is an exceptional opportunity to acquire a well-established business with a proven track record, loyal customer base, and significant growth potential. The new owner will benefit from the company's reputation, specialized equipment, and extensive experience.
Detailed Information
- Location:
- New England
- Real Estate:
- 6 Year lease with 10 year extension
- Employees:
- 12-15
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Reason for Selling:
- Retirement
- Asking Price: $1,800,000
- Gross Revenue: $3.5 Million
- Cash Flow*: $500,000+