National Van Lines Moving & Storage in Northern New England

Price: $550,000

Location: Augusta Maine

Industry: Transportation and Storage

Listing ID: CM03012022

This moving & storage company is associated with a nationally known van line and has been in business under the same name since 1947.

The company is very customer focused which shows in their online reviews.  They boast 4.5 stars on Google and a full 5 stars on Yelp.

The company handles both residential and commercial moves, ranging from whole-house moves where the customer doesn’t want to pack a single thing to large office moves that include large, sensitive equipment.

The 100’ X 150’ climate-controlled warehouse is used to store household goods for customers as well as RVs, boats, snowmobiles and classis cars for extra income.

Opportunities for Growth: The company does almost no marketing.  A renewed focus there will likely produce results.

***Confidential Listing, not in indicated city***

Disclaimer: Information and financials provided by the sellers and Inbar Group has not audited them.

 

Listing Details

Gross Revenue: $700,000

Cash Flow: $90,000

FFE: $300,000

Inventory: $470,000 (Included in Price)

Reason For Sale:

Retirment

Training & Support:

Seller will assist.

Operation

Year Established: 1947

Year of Last Acquisition: 2013

Days & Hours of Operation: Monday-Friday

Owner Hours Per Week: 40

Non-Owner Payroll: $6,000

Employees: 7

Location

Monthly Rent: 6,000

Facilities Information:

The 100’ X 150’ climate-controlled warehouse is used to store household goods for customers as well as RVs, boats, snowmobiles and classis cars for extra income.

Summary

Potential Growth:

The company does almost no marketing.  A renewed focus there will likely produce results.