Moving Business in Bangor, Maine: Local & International Services

Featured on BizBuySell.com . 6 viewed

Asking Price

$550,000

FOR SALE - ACTIVE

Detailed Information

Location

Bangor, ME (Penobscot County)

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This business in Bangor, Maine offers local, interstate, and international moving services, utilizing a fleet of vehicles and a 20,000 square foot climate-controlled warehouse for furniture storage. With over 62 years in operation, the company has built a strong reputation with repeat customers and positive reviews. Annual revenues surpass $1.1 million, and tangible assets are valued at around $500,000. Seller financing is available, and the owner may consider leasing the warehouse temporarily post-sale. The company's services encompass both short-distance and long-distance moves, catering to various relocation needs. Clients benefit from the business's established organization and dedicated assets that support its efficient operations and growth. The owner-occupied facilities, including the office and warehouse, have been integral to the business's success and are not included in the sale. However, the owner is open to negotiating a lease agreement for the warehouse for a specified period following the sale. Prospective buyers have the opportunity to acquire a well-established moving business with a

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Listed By:

Name : Stephen A. Strand, CPA

Phone Number : Show Phone number

Stephen A. Strand, CPA typically replies in about 7 minutes

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