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Business Opportunity

Moving and Storage of High Value Electronics

Listing ID: SA1689

Description

Since 1979 this Company has been providing moving and storage of high value electronic equipment for a range of Commercial clients. Their ability to provide “white glove” deliveries for their clients sets them apart from their competition. The deliveries are mostly in the S.E. United States, with others routed as far as Pennsylvania and Texas. Approximately 50% of the deliveries are in The Carolinas, 40% in Georgia, and 10% to other States.  There is one client of 20+ years that accounts for 72% of the Company’s annual revenue. There are 40+ active clients in their database. Eighty percent (80%) of the business are repeat clients. Ninety percent of the revenues are from moving, while ten percent is from storage.  The owner of the business believes that with new ownership that this long-term client will remain a client. 
There are 12 FT and 4 PT employees who are highly trained professionals. The sale includes 8 vehicles, and a range of specialized moving equipment. We estimate the fair market value of the FF&E to be $300K+. The business possesses the following licenses: GPSC class common carrier, Common Carrier Authority, and ICC 48 Interstate Authority. 

INVESTMENT HIGHLIGHTS:

  • The business has been in continuous operation since 1979.
  • Eighty percent (80%) of the business is repeat from a base of 40+ clients.
  • There are 12 FT and 4 PT highly trained and professional employees.
  • The sale includes approximately $300K+ in FF&E.

Financial information

  • $715,000.00 Asking Price
  • $339,577.00 Cash Flow
  • $1,694,974.00 Gross Revenue
  • $300,000.00 FF & E
  • No Financing

Reason for sale

Retirement

Facilities

The business operates from a leased 5,200 sq. ft. facility with monthly rent of $4,320.00 per month. The lease expires in July of 2025.

Detailed information

  • Home Based:

    No
  • Franchise:

    No
  • Distressed:

    No
  • Relocatable:

    No
  • Year Established:

    1979
  • Year Acquired:

    1979
  • Willing To Train:

    Seller is willing to train new owner for a smooth transition.
  • Real Estate Available:

    No
  • Is Property Leased:

    Yes
  • Real Estate Included:

    No
  • Is Management Staying:

    No
  • Days Open:

    M-F
  • Hours Open:

    7 AM – 5 PM
  • Full Time Employees:

    12
  • Part Time Employees:

    4
  • Building Size:

    5,200 sq. ft.
  • Listing Id:

    SA1689

Contact Us

Business location

Atlanta, GA

Atlanta’s #1 Business Broker

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