Tech-20091: Top-rated Storage and Moving Company in AZ

This moving and storage company provides moving, storage, packing and unpacking services for residential and commercial client that are relocating to or from neighboring towns and states.

This six year old business has outstanding features that set it apart, such as private storage, receiving shipment items for companies and local and long distance moves, and a third-party insurer that offers coverage for valuable household items. The Company leases a 28,000-square foot facility with 26,500 square feet of storage area and 1,500 square feet of office space. The Company leases the facility for $30,000 per month.  The property is owned by a third party and is also available for purchase.  The property holds room for increased storage if needed. New management can adapt to company operations during a standard transitioning period, while focusing on real estate agent relationships and memberships, thanks to a trained personnel of 21 nonunion employees agreeing to remain after sale.
With recent OEM improvements and a newly secured housing contract with the city, the company is experiencing substantial growth with improved profit margins. As additional markets become possible through junk removal, storage pods, increased storage and long haul capabilities, this business has plenty of growth avenues. Besides maintaining a website and strong social media presence, marketing efforts boast Google ads with increasing views and center on utilizing its proven-effective referral source system.


Market Revenue Breakdown

  • Moving: 88%
  • Storing: 10%
  • Packing Services: 2%

FINANCIALS

As an essential, recession proof business, business benefits from a history of climbing revenues and projects higher revenue and profits for 2020.

  • Revenue: $1.88M (2019); $2.2M (2020 – projected)
  • SDE: $384K (2019); $500K (2020 – projected)
  • Asking Price: $1.96M
  • Equipment: $421K
  • Inventory: $18K – $20K
  • Property (optionally available): $6M – $7M (inquire for details)

Note: TechnologyPark.com (parent company of CorporationForSale.com) is marketing this opportunity in a co-broking partnership with the listing broker.

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