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This 30+ year Moving and Storage company has grown consistently since inception and is now available for a new owner or competitor to take it to the next level! In 2021, the business generated $782,697 in annual sales revenue and produced $293,435 Seller Discretionary Earnings for its Owner. Any PPP loans have been received, forgiven and excluded from operating revenue. This business services Residential, Commercial & Industrial customers and provides both local and interstate services and have been agents for one of the largest national moving companies for the past 20 years. The company is well known in the community for providing exceptional customer service, and leverage their well-trained and seasoned employees, culminating in multiple industry awards. This high level of customer satisfaction is evidenced by the number of repeat customers they have (80%). The revenue of the company is well balanced between local residential moves (23%), local commercial moves (31%), short- and long-term storage (22%) and Interstate moves (11%). There is limited customer concentration issues, with no contract accounting for more than 20% of the revenue. Significant barriers to entry exist for under capitalized competitors. Among the value-adds for the business, this opportunity offers the following: Minority Business Enterprise (MBE) and ProMover Certified Centrally located in the Greater Los Angeles Area to service a variety of neighboring counties Well-trained employees who provide a high level of service and are well regarded in the local and moving communities (3FT, 4PT, includes Drivers/Movers/Office Manager/Warehouse Manager) Long-standing commercial clients Endless opportunities to grow the company to additional residential and commercial clients by implementing a marketing strategy. Large Storage Warehouse for long- and short-term storage for moving clients. Owner is willing to stay on board for a period to train the new owner and facilitate a smooth transition The facilities occupy a 27,000+ sq.ft. building, with approximately 4,000 sq.ft. office space and approximately 23,000 sq.ft. of a 2-level storage system. Gated parking for all vehicles provides additional security. Rent is approx. $13,000/month + CAM. Please contact for a current list of vehicles and equipment. For more information, please contact Greg Michail at (415) 438-0202 or at gmichail@sunbeltnetwork.com. Disclaimer: The information herein has been supplied to Broker by the Seller. Broker believes the information to be correct but has not verified the information and makes no representation as to its accuracy, completeness or reliability. Broker and its agent Expressly Disclaim any and all liability for the representation of the warranties, express or implied, contained in such information or for omission from them. It is buyer’s responsibility, with the aid of appropriate professionals, if necessary, to perform independent due diligence to verify all the information prior to purchasing the Business. Location: Los Angeles County, California Year Established: 1989 Number of Employees: 3 FT; 4 PT Facilities: The facilities occupy a 27,000+ sq.ft. building, with approximately 4,000 sq.ft. office space and approximately 23,000 sq.ft. of a 2-level storage system. Gated parking for all vehicles provides additional security.
Listed: Apr 21, 2022
Updated: 6 hours ago
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