Asking Price: $775,000 Gross Revenue: $1,385,365Cash Flow: $285,432 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $50,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Very successful moving, storage and packing business covering the NY Metro area. The business has been in existence for nearly 100 years and has moved multiple generations of families over the years. Very profitable and still lots of potential for growth. The business also has over 350 storage containers all rented and providing approximately $25K in storage income monthly. Very stable and perfect for a company looking for additional territory. Also, a great opportunity for a new operator with good organization and business skills. Over $1M in revenue annually!
About the Business
Building Sq. Ft.:
12,000 sq ft facility with over 350 storage containers on premises. The owner will provide a lease or an option to purchase the building with terms.
This business stands out for its reputation and long-time success. In an industry where regulations and insurance requirements need to be strict, they win sales consistently against the local competition.
Growth & Expansion:
This business can be easily expanded into a national moving company if interested. A great tri-state territory already established. Business can bring more business locally by adding more sales staff.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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