FULL SERVICE RESIDENTIAL MOVING COMPANY
Bluffton, Beaufort County, South Carolina
ASKING PRICE $274,900
FINANCIALS
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Gross Income:
$338,300 Cash Flow: $98,400 Furniture, Fixtures & Equipment: $40,000 |
Inventory:
$1,900 Facilities: Leased Laydown Yard, see below |
Employees:
4 employees, plus 2 owners Established: 2016 |
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BUSINESS DESCRIPTIONFull service residential moving company serving Beaufort and Jasper Counties, along with selected out of state locations. The sellers, with 30 years of experience in the moving service industry, provide a highly professional, friendly, and well-trained crew. The team goes above and beyond to deliver exceptional service to each of their clients.
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DETAILED INFORMATION
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Inventory:
The supplies inventory will be valued at cost plus a 5% handling fee at the time of closing and will be in addition to the purchase price. Furniture, Fixtures & Equipment: The sellers currently lease a 2023 26’ Box Truck, for which the new owner may continue to do same. The equipment includes a Ford F-150 pickup, a 2020 20’ Diamond trailer, and 20’ Steel Storage Trailer. Facilities: The sellers currently lease a 10’ x 50’ storage lot space at $140 per month. This is where the steel storage container, box truck, and a 20’ trailer are stored when not in use. |
Competition:
Typical levels of other local moving companies within the area. This mover has set itself apart from the competition with high expectations and delivery of a great moving experience, and as such, has been the recipient of the 2022 and 2023 "Nextdoor's Neighborhood Faves" award. Growth & Expansion: This is a high growth area with an expected 50,000 additional new homes over the next 10 years. The addition of a second crew of 2-3 people to service smaller jobs in the area, such as apartments, and condos, is a viable growth opportunity. To do so would increase a 20-hour work week to 30-35 hours per week of billable labor. The addition of an online presence, which should include, a website, Facebook, and other social media services. The Seller has intentionally limited their customer base to single family homes. However, a new owner may reconsider this business policy decision. |
Support & Training:
Transitional training and support will be provided as needed. Reason for Selling: Seeking retirement after 30 years in this industry. |