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Moving Business - Growing And Profitable Company

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $583700
Net Profit / Cash Flow  $180100
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
Number of Employees  6 - 9
Inventory  25000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Seller will train and assist with transition for 6 - 8 weeks.
Reason for Sale  Relocation & new business venture.
Description  This moving business is one of New Jersey's premier full-service moving companies. They have satisfied countless client's unique and individualized relocation needs - primarily residential (homes and apartments). Their strong Internet presence, testimonials and outstanding service has helped them achieve over $580,000 in revenue for 2011 with over $180,000 cash flow! This company has moving software to keep track of all moves, great search engine rankings and an outstanding Google Adwords camaign that keeps the business growing ($295K in 2010, $583K in 2011). However, there is still a tremendous amount of growth potential as they have a very strong Internet presence and outstanding cash flow. Some ways of growing could be working with real estate brokers, management companies, adding more services such as storage, purchasing more trucks and increasing advertising. Additionally, if a new owner obtains a NY DOT license (for NY moves), they could leverage their existing database and Internet presence to drive sales. Their competition is in northern New Jersey with other moving companies. Some main advantages this company has over their competition are having a flat rate, great service and an outstanding Internet presence that continues to grow the business. While with most New Jersey residential movers, customers pay by the hour, however, this Moving Company removes the guesswork by working strictly with flat rates. This means that their customers get a single price for their entire move and have peace of mind, knowing what they will spend come moving day. If you are looking for a strong, growing business in an outstanding location, then this Moving Company is for you! The asking price is only $249,000, not even 1.5x cash flow! Seller Financing is also available.
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