Top Tier Van Line Affiliated Moving/Storage Co with RE – Under Agreement

trucking
$0

Listing #: 1563

Location: Chicago Area

 Description: Long established Moving and Storage company with a stable customer base and workforce. Sales break down approximately as follows; $2,000,000 local moving, $1,500,000 van line hauling, $700,000 in van line bookings, $700,000 in storage and $150,000 in packing. There are 1500 + or- pallets in the 65,000 plus SF warehouse where pallets are stacked 3 high. The location allows serving the Chicago metro area.  In addition to the employees listed below, the workforce is made up of 15 to 20 contract drivers. The cash flow stated below is after the rent or estimated mortgage payments on the building. Buy the business for income and the real estate to build equity! This is a great opportunity for a van line affiliate who wants to enter the Chicago market in a big way. There is a truck scale on the property and the family member GM will consider staying on to run the operation for the new owner!                                           

Financial Information:  

Yearly Gross: $4,897,000 (2019)
Cash Flow / SDE:
$ 315,000 (2019) and $430,794 (first nine months 2020)
Assets / FFE:
$500,000+ or-  (included)
Inventory:
$ 0.00
Real Estate Offered at: $5,200,000        
Financing:
Pending SBA Pre-Screen
Asking:
$1,200,000 PLUS REAL ESTATE

General Information:

Year Established: 1982

Facilities: 65,000+ square feet of warehouse, with a truck scale on 3.75 + or- acres

Type of location: Warehouse/industrial
Support/Training: Owner will aid in transition

Reason Selling: Some of Family wants to retire
Employees: 13    FT     2  PT  Plus Owner Operators

Franchise: No      Home-based: No  Re-locatable:  No

County: Confidential
For more information, please contact
Company: ROI Corporation a BBANE Affiliate

Broker: Gary Rayberg

Broker: Phone: 781-682-6209 ext. 208

Email: info@roibusinessbrokers.com