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How to Start a Moving Company ($187K/Year)

There is a MASSIVE NEED for a Moving Company because people are always moving and usually do not want to do it themselves. Even as a side hustle, you can make a ton of money. How much does it Cost: Moving Equipment: $500 Insurance: $1,000 Website with scheduling: $1,000 **You don’t need your own truck, you can rent one as long as it is less than what you are charging to move*** START UP COST: $2,500 HOW MUCH CAN WE MAKE/CASHFLOW Average Cost to hire movers: $1,300/day Average Moves per week = 3 $1,300/day = $3,900/week = $15,600/month = $187,200/year CASHFLOW: Cost of Moving truck per day: $100 Cost of Helpers: $15 an hour * 2 workers = $30*8 hours = $240 Gas: $100 TOTAL COST Per move: $440 $1,300 - $440 = $860/day *3moves = $2,580/week = $10,320/month = $123,840 $123,840 - $2,500 start up = $121,340 Gross Profit. Positives of this business: Profitable Always needed. Moving Think of ways it will fail: SALES/MOVES: Local SEO, local marketing, signage. Quality: Not destroying customers things. Showing up on time: Scheduling being organized. Legal Up LLC Insurance Commit to Starting #businessideas #startup #entrepreneur #entrepreneurship #business #businessowner

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