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Profitable Moving Company Seeking Loan in Boston, USA

Highly rated relocation company in Boston serving households and businesses seeking loan for expansion.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 80 thousand
Run Rate Sales USD 24 thousand
EBITDA Margin 35 %
Industries Moving Companies
Locations  Boston
Local Time 6:12 PM America / Nipigon
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 30 thousand for 8.0% annual interest, 10 years (Native Currency: USD 30,000)
Reason: Seeking working capital for the expansion of business. Aim to become a local power player in the mo... View More
Collateral Available: USD Not Available
Includes physical assets worth USD 15 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We move homes of all sizes, and businesses in most sectors and also perform specialty moving services.
- Our peak season is from May to September.
- Licensed & insured.
- Highly rated on Google. (4.9/5) and we receive our bookings through our online website.
- We have served 8 commercial clients until now and are in talks with new clients.
- Currently, the business has been downsized due to working capital requirements.
- We have reduced the advertising budget due to which sales are going slow this year.
- The manpower, and truck for any booking are contractual and are rented for each booking.
Products & Services Overview
Residential moving.
Commercial moving.
Piano moving.
Safe moving.
Junk removal.
Estate cleanouts.
Furniture delivery.
Assets Overview
Intangible Assets:
Google my business, Facebook, Massachusetts movers license.
Tangible assets:
Moving equipment: Trolleys, boxes, hangers, etc.
Facilities Overview
Rented a tractor-trailer for clients' storage and storing equipment.
Capitalization Overview
- Currently funded out of owner's pocket.
- Previously owned 1 truck, had 4 full-time employees, now these 4 employees are available for work on a contractual basis.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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