A SellerForce® offering, this eCommerce company is operating successfully in the highly profitable field of residential and commercial moving services, which is now a 21.7 billion dollar industry and projected to enjoy steady growth in coming years since the average American moves 11.7 times in their lifetime, and an estimated 28 million people moved in 2021 alone.
Financing Available with as little as 20% down. This company has built up a profitable operation that can be run from anywhere by leveraging a network of moving labor in 252 cities across the country, giving them a solid nationwide reach without the overhead expenses of a traditional moving business. Launched in 2017, the company has appealed to customers who are moving and plan to rent a moving truck but need help with heavy furniture and boxes. Once a move is booked, a Move Team in the customer’s area gets assigned to the client.
All movers are 1099 contractors. Services by the company include loading and unloading, packing, office relocation, and furniture assembly. The company also provides moving tips to clients on their website.
With a network consisting of hundreds of contractors and key back-office technology in place, the current ownership has this business on autopilot and devotes no more than 15 hours a week to operating it. The business has relied on word-of-mouth advertising from satisfied customers and advertising on the online classified marketplace site Craigslist. The site has proven to be a strong marketing tool for them, bringing the company plenty of new referrals.
The company also has strong relationships in place with multiple other businesses and vendors operating within the lucrative moving industry, which is one of the numerous ways that a buyer could quickly scale this operation. Those partnerships are a great source of referrals from new customers and could be used to continuously grow the business in new regions across the country without taking on any additional customer acquisition costs.
Additional scale opportunities include launching an email marketing campaign, starting a PPC ad campaign on Google and Facebook to drive sales higher, and expanding their community of independent contractors across the country, enabling this business to cover an even wider geographical area.
Listing ID: SF168