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Personal Service-organizing For Relocation Service Business For Sale

King County, Washington, US
Asking Price:
$199,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$221,626
Cash Flow:
$79,647

If you are looking for something profitable and is creative and rewarding at the same time, this business is for you! This downsizing and move management company help seniors, baby boomers and persons with disabilities sort out their "stuff", remove excess items and clear out their residence to move into a supportive community or smaller residence. This is not the actual moving company but instead provides services for sorting, packing and managing the move, space planning, then, unpacking and setting up of the new residence. There is plenty of demand for current and repeat business and room to grow depending on your energy level.

They are members and have received certification by both the National Association of Specialty & Senior Move Managers (NASMM) and the National Association of Productivity & Organization (NAPO). This business is fully licensed, insured and bonded.

Property Information

Premises Details:

This is a home based business. This is a home based business! Owner keeps supplies in the garage!

Business Operation

Expansion Potential:

The current owner turns down business and says the "growth potential is huge:. The silver tsunami is here and more people are needing to downsize to get out of their large homes. Revenues are directly related to how much work the new buyer wants to do. The size of the business depends on how many people can be hired and if the quality of work and client connection can be maintained.

Competition / Market:

IBISWorld reports that revenue in the Moving Services industry dropped 0.7% in 2020 as a result of the COVID-19 (coronavirus) pandemic. As the economy rebounds and moves are rebooked, the industry is expected to grow 5.4%.

Key Trends in the Industry:

The expansion of the housing market has positively affected industry operators. Expansion of major metropolitan cities will sustain demand for moving & related companies. Competition and acquisition activity will continue to characterize the industry. Metropolitan areas are expected to remain the most active sites for moving services.

The business focuses on managing Senior Moves and persons with disabilities market segments who are transitioning to smaller housing or facilities by organizing, downsizing, packing, unpacking, and space planning. It has maintained very high activity as there is much demand as the population ages. According to Seattle.gov Quick Facts estimates, the Seattle area population over 65 totals 12.3% and population 42-64 totals 23% which will be slipping into the senior category annually. The disabled population estimates are 18-64 is 6.9% and those 65 and over are 31.4%.

Reasons for selling:

Owner is retiring!

Trading hours:

Monday-Friday 9am-5pm

Employees:
4 PT
Years established:
15 Years

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

This is a relationship based business with a short learning curve. Having excellent communication skills to connect with clients and their families and referral partners is essential, as well as, people and organizational skills is a must! Strong problem solving skills, attention to detail, good spatial acuity for optimal use of space and floor planning, calming attitude & empathy when clients are stressed. Knowledge of basic accounting, Human Resources, business management, relocation, project management or senior advisory services would be a plus!

Furniture / Fixtures value:
$11,000 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Murphy Business & Financial

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