Last Revised: 9/25/19. Posting #: 254092
Key Words: moving, movers, santa cruz, central coast, absentee
Financial Info: Price: $150,000. Down: Call. Adjusted Net: $136,566. Annual Revenues: $253,732. Absentee owner taking $1,000/week salary plus profits. Repeat clients. Multiple opportunities to increase revenue.
Profile: Longtime local moving company over 40 years in the business. Owner has been operating remotely for past two years and still taking $1,000/week salary plus profits.
In past, it had 6-8 employees and multiple trucks. Present fleet consists of 2 trucks and minimal crew. Current equipment includes 17' box truck and 26' moving truck.
Used to have yellow pages ad $3K per month, but do little to no marketing now. Repeat clients include several top local real estate agents and stagers, database of past customers with history of 250-300 moves per year.
Turn down business all the time. Could easily expand moving operations into interstate operations, specialty moving (pianos, spas, pool tables) as well as add storage to increase revenue.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: Kyle Griffith is a Managing Partner of the NYBB Group. He represents business owners seeking to sell or grow their business via acquisitions. Kyle is a Certified Business Intermediary focusing on the HVAC & Plumbing, Trucking & Delivery and Distribution industries.
Key Words: kyle griffith, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, delivery, medical, medical equipment, home health, bar, restaurant, hvac, refrigeration, dry cleaners, audio equipment, equipment, distribution, moving, delivery, massage envy, massage, allstate, insurance, plumbing, wine, new york city, kings, brooklyn, bergen, nassau, queens, hudson valley, manhattan, new york
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Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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Key Words: selling a business, sell a business, sell your business, financial statement, financial statements, financials, valuation, valuing a business, valuing your business, business valuation, business owner, business owners, owner sellers, john byrne
Profile: Business value has a different meaning depending on the purpose of the parties involved in the transfer. John Byrne, CPA, Business Valuation Expert explains three different methods for valuing a business: Investment Value, Fair Market Value and Fair Value.
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