Asking Price: $155,000

Gross Revenue: $400,000

Gross Revenue Comments: Absentee owner

Cash Flow: $75,000

Cash Flow Comments: Absentee owner

FF&E: $60,000 (Included in Asking Price)

Seller Financing: Submit

Sales Price just reduced to $155,000 !!!!
Well established independant Moving & Storage Company located in the continued fast growing and changing Charlotte, North Carolina market!!! While the rest of the country is suffering through housing and other economic woes, Charlotte, NC is according to USA today, the only city of the top 20 cities in the US to still be experiencing housing prices that are increasing! That is because this area has alot of business and families moving here from all over the country! Thats good news if you own a moving and storage company!!! The continued growth here by some accounts, is expected to continue for 20 years!
This business has inter state and intra state authority meaning it has the necessary government licensing and approvals to move people or businesses inside the state or from or to any state in the United States!
Experienced fulltime manager has been running this business for the past 7 years as the owner is absentee. This has caused the business to under perform and the low price reflects that.
The business has commercial accounts in addition to its' moving, storage, and relocation services.
An incredible opportunity to take a profitable business in a vibrant area of the country and grow it exponentially! Seller is mnotivated...call now!

Year Established: 1996

Employees: 10 full time - 5 part time

Facilities: 15,000 square feet at only $2,500 per month!!!

Market Outlook and Competition: This area is growing and growing...very expandable business. The business has been able to make good profits despite the fact that the business has not had a working owner for years.

Management Training and Support: Manager on site

Reason For Selling: Owner retiring