Home > DealMart
Verified
Chicago, IL, United States
3220 West Grand Avenue Chicago Illinois 60651 US

The business holds a Household Goods Movers license from the Illinois Commerce Commission. There are only approximately 300 licensed movers in the entire State of Illinois. This business has a strong repeat customer base and gets substantial word-of-mouth referrals. The business has an A+ rating with the Better Business Bureau.

Established in 2006, this business does primarily residential moving and has five owned trucks. Importantly, this business currently does not engage in long distance moving, commercial moving or packing or storage, because of limitations imposed by its absentee owner. This business is easily expandable into those highly profitable market segments.

Although the business is currently located in Cook County, it is easily relocatable anywhere.

While most customers pay by cash, the business also accepts credit cards, debit cards and PayPal. Illinois law does not permit movers to accept personal checks, so bad checks are not an issue.

Current ownership is minimally involved in the business due to other business interests. This business is ideal for an owner operator looking for a turnkey operating business with huge potential for expansion and growth. Current ownership is willing to help transition the business.

The business has been pre-qualified by an SBA lender with 20% down.

MBBI Member
Asking Price
$214,900
Gross Revenue
$430,000
Cash Flow
$99,333
State(s)
Illinois
Metro Area
Chicago metro
Is this a franchise?
No
Home Based?
Yes
Can the business be relocated?
No
Number of Employees
21
Year Established
2006
Seller Financing Available?
SBA financing avaialbe subject to buyer qualification.
Company Structure
S Corp
Reason for Selling
Owner has other successful business.
Market Outlook Competition

Outlook is good. Current truck parking facility ha storage space available so lucrative storage can be added to offerings.

Management Support
Yes, transition to be negotiated.
Real Estate Included?
No
Equipment Included
Yes
Equipment Value
$75,000
Inventory Included?
No
FF&E (Furniture, Fixtures & Equipment)
$1,000
Name
Hiram Gonzalez
AdobeStock_51337999 (Medium).jpeg 7 months ago
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