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Transportation & Warehousing

Local Moving and Storage Company

Colorado, USA
Updated 13 hours ago

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

Asking Price
Undisclosed
RevenueMost Recent Year
$5
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Yes

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