Specialty Delivery and Storage Company

, California 6 views 0 favorites

Financial Highlights
Asking Price
$675,000
Revenue
$621,198
Cash Flow
$433,681
EBITDA
$433,681
Business Description

Are you looking for a straightforward to operate business with high income, low overhead, and allows weekends off? If so, this business is the perfect opportunity for you. It is a specialty delivery and warehousing company providing short-term and long-term storage for Orange County clientele who are building, renovating, or furnishing homes. The business receives a call from a client (interior designers or affluent homeowners, split 70/30) with notice of an upcoming delivery. Once the product is delivered, they unload, inspect, receive, and warehouse it until the client needs it delivered onsite. Short-term items remain inside the warehouse, and long-term items are moved to the onsite containers. They then reload and deliver the product to client site at the requested time, completing the job. They charge a daily flat fee for storage, which varies on the size and bulk of the items received. Products stored are typically home furnishings, décor items, and artwork, but in practice ranges widely. The seller works extremely reasonable hours and handles warehouse operations, billing, accepts incoming phone calls and receives deliveries. His loyal, tenured employees (15yr average!) handle deliveries, and the occasional designer-requested installation assist. For 23+ years, the seller has operated the business, building long-term relationships by working with designers; he gets a great deal of repeat business. But it’s time to retire, and he is looking to pass the reins to a successor. Even “as-is”, this is a fantastic opportunity for any buyer: you’ll step into a multiple 6-figure income with weekends off. However, there is also a great deal of growth potential. The owner has a very minimal website (no online scheduling, no info requests, and Google is unaware of it), no social media or other digital presence, and does zero advertising or marketing. Build the business’ public brand and grow your revenue – the seller has gotten this far strictly on word of mouth. This specialty delivery and warehouse company is that rare opportunity that checks all the boxes; it will not be on the market long. Interested? Have questions? Reach out to the Agent today! Location: Orange County, California Year Established: 1999 Number of Employees: 6 Real Estate: Leased Building Sq. Ft.: 4,240 Rent: $4,585.98 Per Month Lease Expiration: 12/31/2023 Facilities: Extremely High Net Income and Weekends Off! Sublease tenant absorbs 1/3 of the monthly rent and assists with deliveries at no cost. Product storage times range widely by project from short-term (1 day) to long-term (1 year). Great lease terms, excellent location (easy access to the 405, 605, 710, 5, and 22), and 24-hour provided landlord security. Accepts check, cash, credit card (70/20/10 split). Net 30 Terms. Assets include 2 box trucks, 3 shipping containers (for long term storage), a computer to run the operation, and a warehouse full of with industrial steel shelving and an assortment of shipping pads, dollies, and tools. Increase profits by surveying the competition and set pricing to market!

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
Assets Included
Equipment Value:
$85,000
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 22, 2022

Updated: 5 hours ago

Views: 6

Favorites: 0