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Five Star Moving Company With Rapid Growth For Sale

British Columbia, Canada
Asking Price:
$400,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$746,842 (CAD)
Cash Flow:
$163,453 (CAD)

Entering only its 3rd year of business, this high-growth moving company is projected to reach revenues exceeding $800,000 this year. Growing year-over-year the company has grown over 500% in its 2nd year and is on track to grow another 83% this year.

The business earns service revenue by providing two, three, or four-person moves at fixed hourly rates. The business has differentiated itself from local competitors by establishing a people-centric culture, deploying a strategic digital marketing strategy, and delivering superior customer service - resulting in a 4.9-star rating on Google Reviews (189 reviews). A virtuous cycle of strong customer reviews and great customer service has developed a strong flywheel effect for the business - propelling organic growth.

The business services both residential and commercial clients. Further growth opportunities exist to sell packing/moving supplies and grab further market share of commercial & insurance moves.

After getting the business launched and running the founders are now ready to pass the keys to a buyer ready to take the company to the next level.

Property Information

Real Estate:

Lease

Leasehold Rent:

$26,400 (CAD) per annum

Premises Details:

The company operates strategically by sharing its office space with a self-storage company. This allows the company to access large storage units for supplies and gives them the ability to offer short-term, overnight holds. The company also uses this location to park its 4 moving trucks.

This is an excellent location that facilitates new customer acquisition (people renting storage units for the purpose of storage).

The strategic partnership also provides the company with $50 off their rent each time they refer a customer for a storage unit.

Size in square feet:
500

Business Operation

Reasons for selling:

This business is better suited to a 1 owner structure - neither of the current owners have the financial means to buy the other out.

Employees:
9
Years established:
2020

Other Information

Furniture / Fixtures value:
$55,000 (CAD) - included in the asking price
Website:
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