$20,000,000

Moving and Storage

Washington/Kirkland
for sale
Financials
  • Price: $20,000,000
  • Gross Income: $14,000,000
  • Cash Flow: $0
  • FFE: $1,600,000
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #2240KS
  • Year Established: 1971
  • Financing: 10%
  • Training: seller will stay post closing to assist
  • Facilities: Main Facility 45,000 SF Warehouse, 4,800 SF Office Leased for $56,000/month NNN 5 Year Lease from March 1, 2022
  • Competition:The Company’s primary target market are households and businesses that need to move locally, across the country, or overseas.
  • Growth: Over the five years to 2026, existing home sales and housing starts are both expected to decline, hindering industry operators. However, as the economy rebounds from the pandemic and continues to grow steadily, rising disposable income and consumer confidence will likely stimulate demand for housing and rental agreements. Metropolitan areas are expected to remain the most active sites for moving services, with large populations and shuffling tenants sustaining demand for industry services. Over the five years to 2026, IBISWorld forecasts industry revenue to grow at an annualized rate of 0.6% to $19.1 billion
  • Employees:

Property Descriptions

The Company is a moving company based in the Pacific Northwest. They can move anything from a household to a business, across town or across the country. Their team is specially trained, fully licensed and insured. They offer the following services: • High‐caliber moving service personnel • Experience in office, local, cross country and overseas moves • Online or in‐person free quote estimates • Available comprehensive insurance coverage for all kinds of moves • Hassle‐free and damage‐free moves • On‐time moving arrivals & departures The Company is well positioned to provide a stable and profitable platform for growth. There are always people and businesses needing to move. This Company has repeat customers and Realtors recommend them to their clients. The Company is one of only a few moving companies that offer local, long distance and overseas shipping, TSP Approved, Canada Bonded Carrier, NVOCC and commercial moving of large offices. Solid relationships in the industry and a great team provides an industry related company access to a well‐established business

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Todd Cushing 100 S. Saunders Road, Suite 150, Illinois, Lake Forest
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