Sell Mandate
Sell Mandate Well-established and very well-known Melbourne Moving Company for sale. Spotless reputation and extremely strong name recognition, repeat and word-of-mouth clientele as well as strong internet lead generation. Incredible potential for growth.
Servicing the Metro Melbourne area plus interstate moving, revenue around 60/40 local and interstate. 5 trucks and full equipment included, along with training materials, estimation system, procedural systems, etc. Excellent back-office person, operations and sales could be run by one motivated and competent person with the systems in place. Strong brand recognition and excellent opportunity for growth in both local and interstate market. Owner will help to train new management/owner if desired. Currently in rental location in Melbourne, however there is also potential for a new owner to find a cheaper location just outside the city and add storage as another form of revenue generation. Leased office and lot in high-visibility area–Also branch office/warehouse/lot in the West, 1/2 hour away on long-term lease. Run Business from one or both locations.
Best for a buyer with moving/storage/transportation experience, or a competitor looking to expand.
PROPERTY FEATURES & ASSETS:
2 x 24′ trucks 2 x 16′ trucks 1 x 18′ truck Over 400 moving pads, plenty of 2- and 4-wheelers, straps, bands, furniture covers, etc. Office/Lot location 1 (Inner City area): c. 400 square metres, Office and small warehouse space for supplies with ample parking for 10 trucks or more. Paved, fenced/gated lot with security cameras. Extremely high-visibility location in gentrified neighborhood with lots of turnover in real estate, so plenty of opportunity for business. Office/Warehouse/Lot Location 2 (Inner West): 180 Square metres warehouse, 65 square metres office. 14′ ceilings so potential to stack storage vaults inside. 20 vaults already in warehouse. Large lot for parking numerous trucks.
MARKET COMPETITION & EXPANSION:
Melbourne metro and surrounding suburbs have an extremely high turnover rate through sales and rentals of apartments/condos/houses, so business lasts through the year. Company is very well known in the Melbourne area and so does not have a lot of competition for word of mouth and repeat business. Highly rated on review sites, and high placement on search engines generates fresh leads.
| Asking Price: | $895,000 | |
| Annual Revenue: | $1,800,000 | |
| Net Profit: | $375,000 | |
| Cash Flow: | $227,000 | |
| Total Debt: | $25,000 | |
| FF&E: | $280,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1996 | |
| Employees: | 15 |
Serious buyers are invited to request the full information memorandum. We typically respond within one business day and can arrange a private inspection within the week.
The listing broker will respond within one business day.
