Catylist ID:
#30749562
Catylist Listing ID: | 30749562 |
Property Subtypes: | Moving/Storage/Delivery |
Building Size (RSF): | See Agent |
Sale Price: | $875,000 |
Business Website Address: | https://www.mybrooksmoving.com/ |
Year Business Established: | 1983 |
Gross Revenue: | $980,000 (Annual) |
Cash Flow: | $410,000 (Annual) |
Cash Flow Type: | Sellers Discretionary Earnings |
Relocatable Business: | Yes |
Last Updated: | 5/23/2023 |
Overview / Comments
Highly profitable "Million Dollar" moving company .Turnkey business opportunity located in Merrimack NH. With over 40 years of doing business this company has an excellent reputation in the community. Brooks Moving has a strong referral network of residential and commercial clients and consistent quality service. The primary area of operation is in NH and MA, but the business is licensed in all 50 states and currently handles long-distance moves. This business has a professional quality and up-to-date website that keeps the business current and accessible. Currently marketing to all new homeowners in the area with personal post-cards ensures consistent business. Equipment includes 3 large branded moving trucks and one utility trailer. Currently in a leased space with 1,200 Sq ft office and 2,000 ft warehouse space with loading dock. Rent includes utilities and 21 parking spaces. Seller will consider some seller financing to qualified buyers and the opportunity for a buy-out partnership. This is an incredible opportunity to enter a successful business for any serious entrepreneur. |
Additional Details
Nearest MSA: | Manchester-Nashua |
County: | Hillsborough |
Industry Segment: | Moving Companies |
Reason for Selling: | Looking to retire after 41 years of ownership |
Value of Inventory Included ($): | $0 |
Value of Furniture, Fixtures, and Equipment ($): | $0 |
Real Estate Status: | Leased |
Value of Real Estate Included ($): | $0 |
Real Estate Lease Description: | Leased Space includes 5,000 Sq. Ft. Warehouse and 1,200 Sq. Ft Office Space. |
Employee/Labor Description: | Typically between 5-10 employed movers/drivers |
Mgmt/Training Support Description: | Seller to assist in transition for 2 week time frame |
Competition/Market Description: | Moving company with lots of goodwill in the community, large roster of contacts, and unique marketing and referral network. |
Growth/Expansion Opportunities: | Opportunity to expand hours of operation, increase number of trucks and employees, selling moving/packing supplies, offering packing services, and increasing management to handle logistics of increased business. |
Seller Financing Description: | Some available to experienced and well qualified buyers |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 6,522 | 29,926 | 68,194 |
Median Age: | 38.68 | 39.5 | 40.48 |
Households: | 2,563 | 10,716 | 24,250 |
Contact
Jay DelMonteRE/MAX Innovative PropertiesNECPE Member |
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