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
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