Nevada Based Specialized Moving Company Ready To Franchise - SC2140
Asking Price: | $499,000 |
Gross Revenue: | $466,000 |
Rent: | $2,100/Month |
FF&E: | $150,000 |
Cash Flow: | $150,000 |
Inventory: | $25,000 |
EBITDA: | $147,000 |
Established Year: | 2017 |
Moving Business with Traget Market plus Room for Growth
NEVADA BASED SPECIALIZED MOVING COMPANY READY TO FRANCHISE - SC2140
Financial Information
Asking Price: $499,000
Cash Flow: $150,000
Gross Revenue: $466,000
Down Payment: Negotiable
This Nevada based Specialized Moving Company is a Nevada Subchapter S Corporation and was formed 6 years ago and has been under the same ownership since inception. Ranked as one of the best piano movers in Nevada, they are licensed and insured and offer 5 Star specialized moving services. They have over 700 5 Star reviews for specialized moving. They are highly trained and have developed proprietary and patented fixtures to facilitate large moves. Not only pianos, but large difficult objects such as hot tubes, gun safes, etc. as well as from time to time they do junk removal. They are the preferred deliverer for gun safes for Bass Pro Shops, Cabela’s and Scheels. There is also storage capability as well. This would be ideal for someone looking to start a franchise with a high degree of specialization, tooling and training.
This business currently advertises mainly through word of mouth and referrals. Growth can be obtained by stronger marketing and social media presence. Also, there is a potential to not only franchise, but also to get into household moving which would be an easy transition. Additional revenue can be gained by increasing the storage capabilities, and also by getting into the secondhand sales market more deeply with pianos, hot tubs, and gun safes.
Business Location
City: Nevada
State: Nevada
Reason for Sale
The reason for selling is Seller would like to pursue other interests.
Detailed information
Year Established: 2017
Home Based: No
Franchise: No
Relocatable: Yes
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 5
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $147,000
Inventory Included: Yes
Inventory Value: $25,000
Monthly Rent: $2,100
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 3600
FF&E Included?: Yes
FF&E Value: $150,000
Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Market Outlook/Competition
The market size in revenue of the Moving Services Industry in 2022 was $22.5 Billion and increased by 105% in 2022. The market size of the Moving Services industry in the US has grown 2.4% per yar on average between 2017 and 2022, increasing faster than the Transportation and Warehousing sector overall and the US economy, and was ranked 18th in the US. When disposable income is high, households are more likely to spend on convenient services, leading to higher demand for industry services.
NVRED B.1003039.LLC
NV BUSB.0007191