Local Moving and Storage Company
This local moving and storage company with a major national van lines affiliation is one of the most established firms in its Front Range market. The company is forecast to have over $5MM in annual sales in 2019. It employs 50 people and has 56,000 sq. ft. of warehousing for storage. Demand for moving and storage services is high in Colorado. The company has had stable annual sales for several years now with one of the top four national van lines brand affiliations. The crew of employees include ten with long experience in the industry. The current owners have run it over thirty years and are still young enough to be available for a smooth transition.
Employees
50
Lease Rate
$6.79 per sq. ft. per year
Internal Id
421753
Monthly Rent
$31,677
Financing Notes
Anticipated Seller: $50,000 / 6.5% / 5 Years. Anticipated Bank: $300,000 / 6.5% / 10 Years. Down Payment: $100,000 Working Capital Needed: $50,000
Total Building Size
56,000 sq. ft Warehouse facility
Lease Expiration Date
04/30/2021
Reason for Selling
Family health reasons for sale will be fully explained to buyer prospects.
Financials
Interested in this business?
Get in touch with the seller to ask questions and learn more.
Get Expert Help with your acquisition
Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.
Similar Listings

Specialty HVP Distribution Center plus Natl Moving and Storage Agency

Marine Equipment Sales & Service Business
