Listing Title: Seize a Legacy of Success: Thriving Moving Business with Decades of Excellence and Resilience
Price: N/A
Location: Southeast Michigan
Industry: Moving and Shipping
Listing ID: MI091323
Listing Status: Under Contract
This well-established and reputable moving company based in Southeast Michigan presents a unique investment opportunity in the dynamic moving industry. With a history spanning over four decades, the company has evolved into a regional leader renowned for its quality service, adaptability, and strong partnerships.
Specializing in local moving services, the company has earned a solid reputation for delivering exceptional service. Its focus on high-end clientele, attention to detail, and commitment to quality has resulted in a loyal customer base and consistent word-of-mouth referrals. The company boasts a comprehensive and experienced team that drives its success. From Operations Manager overseeing day-to-day logistics to Warehouse Manager managing equipment and inventory, each role plays a pivotal part in ensuring efficient operations. Moving Consultants, Drivers, and Movers are highly skilled professionals dedicated to maintaining service excellence.
The business demonstrated resilience during economic downturns and market challenges. Its ability to retain a skilled workforce, creatively adapt during the COVID-19 pandemic, and maintain a strong presence during slow real estate periods underscores its adaptability and potential for continued success.
The company operates from two strategically designed facilities that provide essential resources for its seamless moving operations. In addition to owner-owned property consisting of two 6,000 sq ft facilities, the business also leases an additional 20,000 sq ft of crated and floor space storage, with dock and drive-in door.
This is an excellent investment opportunity for individuals or companies looking to enter or expand within the moving industry. With its established reputation, dedicated team, strong partnerships, and growth potential, the business is well-positioned for future success.
Total Sales: $2,725,419
Cash Flow: $445,319
FFE: $467,500
FFE Included: Yes
Inventory Included: Yes
Year Established: 1979
Lender Pre-Qualified: Yes
Employees: 28
Real Estate:
Reason For Sale: Owners are getting ready to retire.
Training & Support: The owners will provide all necessary training to ensure a smooth transition.
Competition: The business operates in a dynamic and competitive moving industry within the local and regional market. The company stands out by prioritizing service quality and reputation over competing solely on price. Emphasis on crew retention, low claims ratio, and customer satisfaction creates a distinctive value proposition that attracts high-end clients and realtor referrals.
Potential Growth: The business is poised for further growth. Opportunities include expanding into out-of-state moving services, increasing the local fleet, and providing specialized delivery services for businesses lacking their own infrastructure.
Financing/Terms: Negotiable. SBA Loan is available for a qualified buyer.
Tanya Popov, CBI, CM&AP, CEPA