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Austin, Travis County, Texas
Asking Price
$5,000,000
Revenue
$923,287
Down
Call/Email
Cash Flow
$217,621
Name: Rick Carlson
Phone: Show phone number
Name
Rick Carlson
Phone
Show phone number
Posting ID:
291559
Attributes:
Broker Cooperation
Training And Support
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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. 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 year 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. Seller Financing: The seller may be willing to carry part of the purchase price as a promissory note. The amount financed and interest rate will depend on the offered price and quality of the Buyer. Support & Training: 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. Reason for Selling: The reason for selling is Seller would like to pursue other interests. Key Details: Year Established: 2017 Home-Based: No Franchise: No Relocatable: Yes Required Licenses: Is Property Leased: Yes Real Estate Included: No Real Estate Available: No Real Estate Value: N/A Part-time Employees: N/A Full-time Employees: 5 Building Size: 3,600 sq. ft Monthly Rent: $2,100 Financial Information: Asking Price: $249,000 Cash Flow: $150,000 Gross Revenue: $354,000 Down Payment: $249,000 Financing: No FFE (Included): $150,000 Inventory: $15,000 CA 02282967 NV B.1003039.LLC NV BUSB.0007191

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