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- RE: Profitable Moving Company-Edmond, OK
- Contact: Rich Giles
Quick Facts
Asking Price: | $1,400,000 | |
Annual Revenue: | $1,221,163 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $395,289 | |
Total Debt: | Not Disclosed | |
FF&E: | $63,490 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 15 | |
BBN Listing #: | 954022 | |
Broker Reference #: | 6004-18546 |
Business Overview:
A Veteran owned and operated business, this local moving company is highly regarded by its customers. The company identifies their core purpose to make a moving experience seamless and efficient by providing the best service and the best value in the industry. Regardless of the size of the move, they offer top-quality care, unbeatable customer service and flexible, transparent, hourly pricing for both residential and commercial moves. Expertly trained crews are prompt, professional and dependable.
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Property Features and Assets:
Current facilities are leased at $1,300/month.
Assets = $63,490
Market Competition and Expansion:
There are three similarly sized moving companies in the area, but the owner is not aware of losing business to any of these companies.
The brand and the brand’s online reputation are very strong. The new owners will need to be there everyday, conduct formulated and consistent business development and implement company policies that will protect the company from loss due to damage, or general negligence. Cutting some of the waste and loss will improve things dramatically without having to spend a dime. As far as growing the businesses exposure there are many opportunities to secure contracts at Tinker AFB, give presentations to brokerages, and sponsorship opportunities. There’s also the opportunity to do long distance moving if you have semi tractor trailers to make that more efficient and profitable. There’s also a constant flow of people moving to and from Dallas / Ft. Worth area which if marketed properly could bring in nice steady work. Moves to Dallas are usually a minimum of $1500-$2500. Eco-friendly bins can be implemented instead of using cardboard which is getting very popular, as well as adding in-house services such as carpentry to hang TV’s and art, and house cleaning. Peer to peer biz dev and pushing the Instagram account will yield the best results for local moving growth.
Reason for Selling:
Owner wishes to pursue other business interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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