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Moving Company Seeking Loan in Flanders, Belgium

Company involved in moving household goods, offering top quality services seeks business loan for liquidity.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1.7 million
EBITDA Margin 0 - 10 %
Industries Moving Companies
Locations  Flanders
Local Time 1:02 AM Europe / Brussels
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 530 thousand for 4.0% annual interest, 5 years (Native Currency: EUR 500,000)
Reason: We need to secure liquidity. It is the only piece that misses from our puzzle in order to have a hig... View More
Collateral Available: USD 0
Includes physical assets worth USD 7 thousand
Interested to connect with advisors
Business Overview

- We are a moving company that has been operating from the past 5 years. We offer both local and long-distance household goods transport services.

- We provide daily services all around Belgium and across Europe. We collaborate with big companies in Europe and in Japan.

- Our clients are providers of relocation and moving services. They move goods for individuals as well as diplomats, corporations and government institutions. We are practically their subcontractors.

- Our clients are free to partially or entirely subcontract the agreement to third parties, unless it is ruled out by end users. This is where we come into picture. Our clients get a contract and pass it on to us and we handle it from scratch to end.

- We get orders via e-mail or phone and tend to complete around 100 orders on a monthly basis.

- The company is a family business. It all started with 1 man, 1 van and 1 client. Now we are 3 associates, father, daughter and her husband, 27 employees and 11 big companies as clients, from which 8 of them contacted us due to our reputation. The company is fully financed by our family.

- Our customers are getting high quality services at competitive rates. We go the extra mile to ensure the safety of goods under our care and our customers get value for money. Our goal is to provide excellent service to our customers and we pride ourselves on the integrity and competence.

- Our company ensures that all our deliveries of goods are on time and we supersede the expectation of our customers. We only put vans that are in top shape on the road, and all our drivers and materials handlers are trained to be extra careful, pay attention to details, courteous, friendly and to abide by the rules and regulations.

- We are in the industry to make a positive mark. We are quite optimistic that our values and quality of service offering will help us drive our business to enviable heights and also help us attract the numbers of clients that will make the business highly profitable. We are a company that is dedicated to establishing good business relationship with our clients giving them value for their money and reasons for them to hire our services over and over again.

- Our clients' best interest always comes first, and everything we do is guided by our values and professional ethics. We ensure that we hold ourselves accountable to the highest standards by meeting our clients' needs precisely and completely. We cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients.

- The run rate sales have dropped by a small percentage compared to last year due to the impact of Covid-19 but our sales are recovering with a good pace and we in need of cashflow for further growth.

Products & Services Overview

Local and long-distance transportation of household goods, disassembling and reassembling of furniture, packing and unpacking services, loading and unloading, delivery to residence, lift service and storage.

Assets Overview

5 electrical lifts, office equipment (iMacs, phones and printers), furniture, BMW X1 Drive and Mercedes Viano.

Facilities Overview

Rented warehouse and office space of around 535 square meter in Holsbeek, Belgium.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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