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Moving & Storage Co. & Real Estate

New Jersey

Asking Price: Gross: Cash Flow:
$1,140,000 $360,389 $86,703

Real Estate:
$889,000 (included in the asking price)

Business Summary:
Great opportunity for hands on Owner Operator – Seller retiring after 44 years. The Seller has scaled back on jobs and is very selective on job choice. The Cash Flow of $86,703.00 is before rent, debt service for a mortgage, and officer compensation. Motivate Seller looking for best offer! For further details call Larry Bodner 908-851-9040 or email [email protected]

 
   
   
Year Business was Established: 100
   
Facilities / Terms of Lease: Purchase price includes (2) buildings, (1) 11,000 +/- square feet and (1) 1,500 square feet & (1) 1,500 square feet building  
   
Owner willing to finance: Seller financing with $225,000 +/- down, 30 year term amortization with 10 year balloon @ prime +2  
   
Owner willing to train: Seller will stay to train  
   
Reason for selling: Seller retiring after 44 years  
 

 

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