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.