SBA Pre-Qual Moving/Hauling Biz! Sales 3.3M! Net 600k! 200k Down!

Listing Number: 189597-310399

Listing Details

SBA Pre-Qual Moving/Hauling Biz! Sales 3.3M! Net 600k! 200k Down!
Price: $1,800,000
Location: Monmouth County, New Jersey
  • Down Payment: $200,000
  • Sales: $3,369,053
  • Seller's Discretionary Earnings: $604,799
  • Inventory: $25,000
  • Furniture, Fixtures, and Equipment: $487,425
  • Rent: $8,500
  • Employees: 30
  • Year Established: 2006
  • Reason for Selling: Relocation

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Business Description

This business has 2 components: one is Moving/Storage and the other is Hauling/Junk Removal. The 2 parts of the business complement each other as moving customers generally require hauling and junk removal. There are 2 partners of the businesses working 35 hours/week each – one runs the Moving/Storage side and the other runs the Hauling/Junk removal side. Each side has an experienced ops manager supporting the owners in running the day to day operations. In total, there are 30 employees. The combined revenue is over 3.3M with each part of the business being about equal in revenue and cashflow. Centrally located in Monmouth County in a 11,000 SF building on a large property with ample space for all of the equipment/vehicles, this business has been operating profitably for over 19 years. The business comes with over $400k in equipment and trucks, including: 57 containers/dumpsters, 60 pods, 11 trucks, 2 forklifts, and various other moving equipment. Owners are relocating which is the reason for the sale. They will stay on for 2 months to ensure a smooth transition. With only $200k down, you can make your money back in the first year.