See Similar Listings

Premiere Moving Business for Sale

Boulder County, CO
listing image
Asking Price:$1,450,000
Gross Revenue:$1,849,147
Established Year:2014
Cash Flow:$328,440
Rent:$5,200/Month
Listing ID: 2266362Listing provided by BizBuySell
BUSINESS DESCRIPTION

Strong cash flow and opportunities for growth

Residential and commercial moving company located in Broomfield, Colorado serving the Broomfield, Boulder, Longmont and Denver markets while also providing long distance and out-of-state moving and transportation needs. The company started in 2014 as a labor provider for loading and unloading rental trucks and has grown into one of the premiere moving providers in the region. Today they provide local and long-distance moving for residential, commercial, and freight customers to the lower forty-eight states. The company’s online model and flat rate service provides a better moving experience, and their commitment to customer service and quality is illustrated by a 4.9 rating on Google with over 900 reviews. They provide white glove moving experiences at competitive pricing, with an online quoting and booking system that streamlines the entire sales process.

The owner and a small three-person management team run the business, with twenty-six additional employees consisting of drivers and movers. The management team alongside the owner consists of a Head of Operations managing payroll, HR, and scheduling, a Head of Fleet and Warehouse managing moving schedules, equipment and material orders, and an associate office manager assisting in related capacities. As mentioned above, the owner manages all marketing and sales for the business and although his ability to service sales orders is at capacity, the trucks and moving labor currently have capacity for at least 50% more business.

DETAILED INFORMATION
Location
Boulder County, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,800
Employees
29
Facilities
The warehouse facility sits in Vista business park in Lafayette Colorado, which is well suited for the business to serve Boulder, Broomfield, Denver, and the surrounding areas. There is a 3800 square foot warehouse with truck parking in the rear. There is an office in the front currently housing four employees with space for up to ten total and the lease is on a year-to-year basis with current rent approximately $5200 per month. The business has 29 total employees, plus the business owner.
Competition
The company is extremely well positioned in the market they serve as they provide better service and more competitive pricing than both the cheap local movers and the big box providers and have more trucks than the smaller guys. The company holds a superior market position to all of these other players by having a longer history of quality service, a truck fleet three and four times the size, and a much stronger presence on Google, Yelp, and Facebook.
Growth & Expansion
Given where the business sits today, growth potential is massive. Currently the owner is managing a the entire $2M in revenue without any additional sales team. The company receive more inbound demand than they can service from a sales standpoint (though they do have the truck and moving capacity) and there is potentially up to another 40-50% more organic business to capture. With some minor investment into a small sales team there is a real possibility of significantly growing the topline, and potentially doubling revenue inside 12 months.
Support & Training
The owner is willing to stay involved with the business as a strategic advisor if desired by the incoming owner, to provide insight and direction on how to keep growing the business and execute on the strategic initiatives available. With over 15 years in the industry, he has a backlog of innovation, growth, marketing, and system integration ideas for business growth.
Reason for Selling
Business owner is transitioning into new phase of career.
Report an Issue with this listing
Scott Casper
Phone Number
Scott Casper
Call Phone