Listing Number: 32941-481555
SBA 7(a) Qualified Business – Business Acquisition opportunities that deliver the verifiable SDE / Cash Flow that this successful Moving & Storage company does are very limited. If you’re looking for substantial cash flow in an acquisition then you should spend the time to review this offering, whether you are a buyer transitioning out of corporate America or a strategic buyer looking to expand.
The company is based in Charleston, S.C., one of the fastest growing markets in the U.S., with another branch rooted in another southern city that is experiencing rapid growth as well. The company offers local and long-distance moving solutions with a clean and impressive fleet of 14 branded trucks for their valued customers. With a focus on breaking the image of the stereotypical mover, the founders developed a newer and more profitable business model resulting in a positive moving experience for their customers that created significant growth. The company offers a comprehensive menu of customer-oriented services including:
- Local & Long-Distance Moves
- Relocation Planning
- Packaging & Supplies
- Secure Storage Facilities in Multiple Locations
They also offer other services which set them apart from the stereotypical mover, which includes:
- Piano Moving
- Full Protection Coverage for Ease of Mind
- Moving Labor
- Crating Services
- Freight Shipping
- White Glove Service
- Same Day Moves
- Flat Screen Prepping
- Senior Moves
- Home Staging
- Trash Removal
The company has a strong, well-trained & proud staff in place. To insure quality performance by its’ team and provide peace of mind to the customer, the company has proprietary software in place to monitor employee performance, as well as GPS truck tracking and camera monitoring on each truck.
This is a prime opportunity for an owner-operator or a GM operated business. The company already has an experienced Operations Manager, Sales Team & Admin Staff in place.
The business has been approved and is prequalified for the SBA 7(a) Business Loan program, which has huge significance for any buyer. A buyer can be confident upfront that with this distinction, the company has been historically successful, profitable & is lender qualified with SBA backing. The cash injection requirement for the buyer’s down payment is between 10% to 15%, depending on buyer qualifications.
- Price: $2,375,000
- Down Payment: $2,375,000
- Sellers Discretionary Earnings: $705,732
- Total Sales: $3,677,985
- Location: Charleston County, South Carolina
- Inventory: $10,000
- FF&E: $70,000
- Employees: 55
- Year Established: 2015
- Reason for Selling: Seller Returning to Previous Career
- Category: Moving