Business To Buy

Moving and Storage Company for sale in Chicago

Chicago Metro, Illinois
This is a unique opportunity to own a business in the Moving and Storage industry with a very good reputation that is unmatched over the entire life of the company. This business works in harmony with residential and commercial clients. Poised for continued growth as evidenced by the 2012 sales, this is a historic full service moving and storage company in business for many decades. This company has been managed by multiple generations and withstood the test of time to always stand out as a leader in their industry. Starting in the early days as a primary moving and storage resource, this business went on to gross as much as $9,000,000+ in annual sales revenue and has the capacity to achieve that level of success again. Current 2012 sales revenue is up almost 10% from the 2011 figures. This company is headquartered on a large parcel of land with a well-equipped warehouse that also houses an office suite. Plenty of gated parking exists for moving trucks as well as employee vehicles. This corporate office is in a prime location to service the Greater Chicago Market and to dispatch all aspects of the business. Service to the Chicago Metro area is easily accessible by all major routes and highway systems. The business facility houses more than enough resources to handle eplosive growth and the equipment alone has significant value for this fully operational turn key Moving and Storage Company.

Financials

Price: $3,150,000
Gross Income: $1,943,000
Cash Flow: $0
FFE: $848,000
Inventory: $0
Real Estate Value: $1,400,000

About the Business

Office Reference ID: #12JJJ1A
Year Established: 1900
Financing:
Training: Yes, the sellers are evry happy to assist in training.
Facilities: The property consists of an approximately 11,574 square feet, single-story, masonry building. The building has two Exterior depressed docks and two Drive-In Doors and one truck weighing station. The office area consists of approximately 2,480 square feet or 20% of GBA. A mezzanine exists for office and conference room use of 800 square feet. The building sets on an approximate 61,250 square foot land parcel. Another parcel of approximately 43,750 is an asphalt paved parking lot. The total site is approximately 105,000 square feet and can accommodate parking for 35 trucks and 20 cars. The site is enclosed with a chain link fence and has two automatic gates as well as one other side gate entrance for a total of three gated entrances. Two are remote controlled with openers.
Competition:
Growth: Company is experiencing steady growth and is currently up almost 10% above 2011 gross revenue.
Business Listed By
Name: Dennis Hansmann
Company: American Business Acquisitions
Phone: 312-360-1955

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