Listing ID: 77433
Business Overview
This great business is part of a huge industry. It is an opportunity since all the pieces are in place the computers, all the software the knowhow and a complete business as a system that you can implement and earn a descent income with great return on your investment. Training will be provided
When you use this broker system to move your home or office, you have a team on your side. From the booking agent to the dispatch department, every step of the way you have a personal advocate, taking care of all your needs. Even after your move is completed, they will encourage you to share your thoughts about your move, so They can continue to redefine the term for their Quality as a Moving Broker.
This Broker is one of the nation’s largest moving brokers licensed by the U.S. Department of Transportation. With hundreds of motor carriers and thousands of trucks currently participating in their program throughout the USA They arrange Full-Service Moving at Self-Service Prices – saving up to 50% off the carrier’s normal rates.
Financial
- Asking Price: $140,000
- Cash Flow: $123,000
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $30,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2016
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:750
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Rented space
Will be provided
Was awarded a big contract in the logistic area.
There is competition but there is unlimited growth potential.
Owner can show a potential buyer that for several month he performed even and much higher numbers than his numbers above taken from the tax return of 2020 There is an unlimited growth potential but at the same time the overhead can be scheduled and reduced
Additional Info
The business was founded in 2016, making the business 6 years old.
The real estate is leased by the company for $1,600 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people choose to sell companies. Nevertheless, the true reason vs the one they say to you might be 2 totally different things. As an example, they might state "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these may simply be excuses to attempt to hide the reality of changing demographics, increased competitors, current decrease in profits, or a variety of other factors. This is why it is very vital that you not depend entirely on a vendor's word, but instead, use the seller's solution combined with your general due diligence. This will repaint a much more practical picture of the business's present situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of companies take out loans so as to cover items such as inventory, payroll, accounts payable, and so on. Keep in mind that occasionally this can mean that profit margins are too thin. Lots of companies come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that must be satisfied or might cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location attract brand-new consumers? Often times, companies have repeat customers, which create the core of their daily profits. Certain aspects such as new competition growing up around the location, roadway construction, and also employee turn over can affect repeat clients and also negatively influence future profits. One crucial thing to think about is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business often, the greater the chance to develop a returning customer base. A last idea is the general area demographics. Is the business situated in a densely inhabited city, or is it located on the edge of town? How might the regional median household income influence future earnings potential?