Established Central FL Moving And Storage Company

General Business Information

Listing ID:

4110-00311

Listing Type:

Exclusive Right of Sale

Price:

$85,000

Down Payment:

$85,000

Category:

Moving

County:

Orange County

State/Prov:

Florida

Country:

United States

Sales:

$218,794

SDE:

$88,741

Description of Business

Established in the early 1990s, this company is a service-based Moving & Storage company in Central Florida. They service both commercial and residential customers.
The business model is an efficient mobile operation with minimal rental overhead ($280/month for truck parking; $180/month for a 10' x 10' storage unit to house supplies & materials).
Unlike others in the industry, this moving company prices their moves by the hour.
This enables them to give their customers a Fixed Hourly Rate for their move over the phone. The Fixed Hourly Rate is inclusive of any and all: "Travel time fees" to and from the job, along with "Mileage fees", "Destination charges", "Stair fees", "Fuel charges" and any of the other "over the top fees" that 99% of competitors charge for. Also, the Fixed Hourly Rate is inclusive of the necessary "Packing supplies" when you hire this company to Professionally Pack a customer's Home, Apartment, or Office. Customers will NEVER receive a separate bill for Packing supplies.
Customers have loved this company and continue to do so, as evidenced by their 4.9 Star Rating from 140+ reviews on Angi (formerly Angie's List), and a 5.0 Star rating from 50+ reviews on Google. | *2020 Financials reflect part year, as the business was closed for 5.5 months due to COVID. *2022 Financials reflect annualization on performance from Jan 1-May 31, 2022. | CALLING ALL BROKERS!!! EARN AN ADDITIONAL 3% INCENTIVE PAYMENT FROM SELLER'S NET PROCEEDS TO THE SELLING AGENT IF BUSINESS IS SOLD BY
10/31/2022
(Must meet minimum sale price threshold for this incentive to apply)

Listing Details

Location:

The business model is an efficient mobile operation with minimal rental overhead ($280/month for truck parking; $180/month for a 10' x 10' storage unit to house supplies & materials).

Organization Type:

Sub-S Corporation

Hours of Operation:

Mon-Fri: 9am-6pm; Sat: 10am-4pm; Sun: 11am-3pm

Years Established:

1994

Years Owned:

28

Employees FT:

2

Employees PT:

2

Managers:

2

Amount of Hours Owner Works:

35

Is Relocatable:

Yes

Is Home Based:

No

Is a Franchise:

No

Is Lender Pre Qualified:

No

May Qualify for a Visa:

Yes

Financial Information
INCOME PERIOD, Year
GROSS SALES

– Costs of Goods Sold

= Gross Profit

– Total Expenses

= Net Before Taxes
ADD BACKS

+ Owner(s) Salary

+ Benefits

+ Interest Expense

+ Depreciation

+ Other
TOTAL OWNER BENEFIT
2022
$218,794

$3,113

$215,681

$206,745

$8,936
$62,832

$9,744

$3,629

$3,600

$0
$88,741
2021
$186,244

$4,146

$182,098

$193,634

$-11,536
$63,730

$9,463

$1,190

$3,600

$0
$66,447
2020
$79,528

$1,908

$77,620

$81,894

$-4,274
$1,839

$8,617

$1,587

$3,600

$0
$11,369
Assets Included in Sale

Accounts Receivable:

$0 Not Included

FF+E:

$30,000 Included

Total Assets Included:

$30,000

Lease Information

Monthly Rent:

$460

Expiration Date:

2050-06-01

Square Footage:

100

Summary

Reason for Sale:

Discuss with the seller.

Training and Support:

Two weeks at no cost to the buyer.

Non Compete:

25 Miles | 3 Years

Owner Qualifications:

Business Experience is recommended.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Nick Arnheim

Nick Arnheim
General Business Information

Listing ID: 4110-00311

Listing Type: Exclusive Right of Sale

Price: $85,000

Down Payment: $85,000

Category: Moving

County: Orange County

State/Prov: Florida

Country: United States

Sales: $218,794

SDE: $88,741

Description of Business

Established in the early 1990s, this company is a service-based Moving & Storage company in Central Florida. They service both commercial and residential customers.
The business model is an efficient mobile operation with minimal rental overhead ($280/month for truck parking; $180/month for a 10' x 10' storage unit to house supplies & materials).
Unlike others in the industry, this moving company prices their moves by the hour.
This enables them to give their customers a Fixed Hourly Rate for their move over the phone. The Fixed Hourly Rate is inclusive of any and all: "Travel time fees" to and from the job, along with "Mileage fees", "Destination charges", "Stair fees", "Fuel charges" and any of the other "over the top fees" that 99% of competitors charge for. Also, the Fixed Hourly Rate is inclusive of the necessary "Packing supplies" when you hire this company to Professionally Pack a customer's Home, Apartment, or Office. Customers will NEVER receive a separate bill for Packing supplies.
Customers have loved this company and continue to do so, as evidenced by their 4.9 Star Rating from 140+ reviews on Angi (formerly Angie's List), and a 5.0 Star rating from 50+ reviews on Google. | *2020 Financials reflect part year, as the business was closed for 5.5 months due to COVID. *2022 Financials reflect annualization on performance from Jan 1-May 31, 2022. | CALLING ALL BROKERS!!! EARN AN ADDITIONAL 3% INCENTIVE PAYMENT FROM SELLER'S NET PROCEEDS TO THE SELLING AGENT IF BUSINESS IS SOLD BY
10/31/2022
(Must meet minimum sale price threshold for this incentive to apply)

Listing Details

Location: The business model is an efficient mobile operation with minimal rental overhead ($280/month for truck parking; $180/month for a 10' x 10' storage unit to house supplies & materials).

Organization Type: Sub-S Corporation

Hours of Operation: Mon-Fri: 9am-6pm; Sat: 10am-4pm; Sun: 11am-3pm

Years Established: 1994

Years Owned: 28

Employees FT: 2

Employees PT: 2

Managers: 2

Amount of Hours Owner Works: 35

Is Relocatable: Yes

Is Home Based: No

Is a Franchise: No

Is Lender Pre Qualified: No

May Qualify for a Visa: Yes

Financial Information
INCOME PERIOD, Year: 2022


GROSS SALES: $218,794

– Costs of Goods Sold: $3,113

= Gross Profit: $215,681

– Total Expenses: $206,745

= Net Before Taxes: $8,936



ADD BACKS

+ Owner(s) Salary: $62,832

+ Benefits: $9,744

+ Interest Expense: $3,629

+ Depreciation: $3,600

+ Other : $0



TOTAL OWNER BENEFIT: $88,741

INCOME PERIOD, Year: 2021


GROSS SALES: $186,244

– Costs of Goods Sold: $4,146

= Gross Profit: $182,098

– Total Expenses: $193,634

= Net Before Taxes: $-11,536



ADD BACKS

+ Owner(s) Salary: $63,730

+ Benefits: $9,463

+ Interest Expense: $1,190

+ Depreciation: $3,600

+ Other : $0



TOTAL OWNER BENEFIT: $66,447

INCOME PERIOD, Year: 2020


GROSS SALES: $79,528

– Costs of Goods Sold: $1,908

= Gross Profit: $77,620

– Total Expenses: $81,894

= Net Before Taxes: $-4,274



ADD BACKS

+ Owner(s) Salary: $1,839

+ Benefits: $8,617

+ Interest Expense: $1,587

+ Depreciation: $3,600

+ Other : $0



TOTAL OWNER BENEFIT: $11,369

Assets Included in Sale

FF+E: $30,000 Included

Accounts Receivable: $0 Not Included

Total Assets Included: $30,000

Lease Information

Monthly Rent: $460

Expiration Date: 2050-06-01

Square Footage: 100

Summary

Reason for Sale:

Discuss with the seller.

Training and Support:

Two weeks at no cost to the buyer.

Non Compete: 25 Miles | 3 Years

Owner Qualifications:

Business Experience is recommended.