This local moving and storage company with a major national van lines affiliation is one of the most established firms in its Front Range market. The company is forecast to have over $5MM in annual sales in 2019. It employs 50 people and has 56,000 sq. ft. of warehousing for storage.
Demand for moving and storage services is high in Colorado. The company has had stable annual sales for several years now with one of the top four national van lines brand affiliations. The crew of employees include ten with long experience in the industry. The current owners have run it over thirty years and are still young enough to be available for a smooth transition.
Family health reasons for sale will be fully explained to buyer prospects.
Modern warehouse facility currently leased. A new owner may renew the lease or move the business elsewhere.
Total Building Size: 56,000 sq. ft Warehouse facility
Lease Rate: $6.79 per sq. ft. per year Monthly Rent: $31,677
Lease Expiration Date: 04/30/2021
Anticipated Seller: $50,000 / 6.5% / 5 Years.
Anticipated Bank: $300,000 / 6.5% / 10 Years.
Down Payment: $100,000
Working Capital Needed: $50,000