Business Description
Retiring owner in highly desirable market!
Real estate offered by MidStreet Realty, Inc. In business over 25 years, this company’s reputation in the community is outstanding. Its primary customer base consists of residential homeowners moving to and from the area, and residents moving locally.
Limited competition exists in this growing market. The Company uses its own fleet of vehicles, and the owner has invested in quality equipment to continue attracting new customer segments. With consistent revenue growth over its history and an established foundation, the business is primed to grow for many years to come.
Owner is retiring and wants to responsibly pass business to new ownership. Willing to offer attractive training period with strong offer. Employees have been notified that business is for sale. Owner would prefer to sell the real estate with business.
Company Highlights:
• Consistent, clean financials
• Recurring revenue elements
• Real estate available
• Several opportunities for growth
• Most business from word-of-mouth
• No customer concentration
• Established reputation
• Limited competition
• High barrier to entry for storage/warehousing
Real estate features a standalone facility with warehouse space, staging area, shipping docks, overhead roll up doors, and office space – real estate comes with additional ±1 acre lot to allow for future expansion. Buyer must demonstrate financial capability.
Comprehensive marketing package including detailed video overview available upon initial interview and signing of non-disclosure agreement. To learn more, contact Jonah Pollone at MidStreet at (919) 263-2550 or
jonah@midstreet.com. Real Estate offered through MidStreet Realty, Inc.
INVENTORY
Included in asking price
Real estate
Owned; not included in asking price
building square footage
15,000+
Furniture, Fixtures, & Equipment (FF&E)
Included in asking price
Facilities
Well maintained with proximity to major markets. Real estate offered through MidStreet Realty, Inc.
Competition
While limited competition does exist, this business is one of the largest and most well-known in the area and has a major reputation advantage. Competitors have unsophisticated operations.
GROWTH & EXPANSION
Growth opportunities include warehousing price increases, expansion of warehousing space for additional storage, organic growth of the company’s service area, and increasing number of commercial customers. Additional opportunity exists to expand company footprint and labor-force through acquisitions.
Support & Training
Extensive onsite transition support and call/email support will be made available and are included in the purchase price. Employees have been notified the business is for sale.
Reason for Selling
The current owner wishes to retire after many successful years in business.
