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National Packing, Moving, & Storage Company – BN000045611

Northeast US, US
500K-2M5M-10M Distribution, Storage & Wholesale
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TEASER
CLIENT CODE: BN000045611
REVENUE/TURNOVER: $6,600,000
EBITDA: $506,000
HEADQUARTERS: Northeast US
 
Interested? Contact Us
813-898-2350
wsullivan@benchmarkintl.com
National Packing, Moving, & Storage Company – BN000045611

William Sullivan

interested in this opportunity?
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The company is a full-service packing, moving, and storage company that serves residential and commercial clients. The company services local, long-distance, and international moves and provides specialized office moving for commercial clients. Additional services include assistance with downsizing, in-home moving due to a remodel, estate distribution, and disposal.

Key Aspects

  • Revenue grew at a compound annual growth rate of 12.7% from 2019 through the trailing twelve months (TTM) ending November 30, 2022
  • Approximately 89% of revenue comes from moving services, with the remainder derived from warehousing and storage services
  • There are two-year contracts in place with some local municipalities
  • The company has multiple affiliations with international forwarding companies, with international moving services contributing to 27% of revenue for the TTM ending November 30, 2022
  • Strong client testimonials and positive ratings on Google and Angie’s List represent the company’s positive reputation in the market

Opportunities

  • Continue to expand into the corporate and commercial market by adding more office-related services such as full project management and technology services
  • Capitalize on the existing networks to grow the number of long[1]distance moves throughout the contiguous United States

Headquartered

  • Northeast, US

Current Markets

  • The company services the residential and commercial markets across the United States, operating primarily in the Northeast US

Real Estate

  • The company operates from a 40,000 sq. ft. facility leased from an unrelated third party
  • The lease is transferrable and there is room to grow in the current location
  • Implement a strategic marketing campaign to reach additional market share

Shareholder Objectives

  • The company is owned by two shareholders who are seeking retirement

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