Full-Service Long Haul Moving & Freight Company, Broward County FL

$18.6M

Revenue

$1.7M

SDE

4.1x

Multiple

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Full Editorial Writeup

This is a long haul household goods and general freight moving operation based in Broward County, Florida, running across seven states and five regions coast to coast. The company offers a full-service moving experience from quote to final delivery, supplemented by auto transport services, and leans on a network of more than 200 contractors to flex capacity against demand. Since its 2024 growth surge the business has completed over 8,500 moves and accumulated more than 1,000 Google reviews at a 4.2 star average.

The financial story is one of rapid, documented growth: revenue reportedly jumped 60% from 2023 to 2025, with 2025 figures cited at $20.7M revenue and $2.4M EBITDA, while the trailing twelve months show roughly $18.5M revenue and $1.75M EBITDA. A notable working-capital positive is that 67.5% of services are paid before delivery, and a nationally ranked sell-side CPA firm issued a quality of earnings report showing cash receipts within 3.2% of adjusted revenue.

Hard assets are meaningful here. The deal includes 14 Volvo semi-trucks (mostly 2023 model year or newer) and 20 trailers, plus $1M in FF&E. The owners also own $4.37M in real estate (two offices, two warehouses) that is explicitly NOT included in the $7.1M asking price but is available for separate consideration. The seller is positioning the sale as finding a partner to scale rather than a retirement exit.

Why we like it

Earnings quality is unusually well documented for a business this size: a nationally ranked sell-side CPA firm issued a quality of earnings report with cash receipts landing within 3.2% of adjusted revenue. Combined with 67.5% of jobs paid before delivery, this is a cash-flow-forward model with strong receipts confidence that de-risks the EBITDA claim.
The 4.08x EBITDA multiple includes a modern, owned-free-and-clear fleet of 14 Volvo semis and 20 trailers (mostly 2023 or newer), plus $1M in FF&E. Backing out replacement value on that equipment meaningfully lowers the effective multiple on the operating business, and newer trucks mean lower near-term maintenance and capex drag.
The contractor-heavy model (200-plus carriers, 217 contractors) keeps fixed overhead light and lets capacity scale up or down with demand. In a cyclical freight environment that variable cost structure is a real defensive feature versus an all-employee, all-owned-fleet competitor.
Market positioning sits in the middle-market moving lane where the seller claims thin competition between fragmented low-end players and a handful of national brands. There is a clear inorganic roll-up thesis given the fragmentation, and the real estate is available separately if a buyer wants to own the footprint.

How to improve it

Scrutinize and then institutionalize the pre-payment advantage. With 67.5% of jobs collected before delivery, there is room to push this toward 80-plus percent and shorten the remaining collection cycle, turning the business into a near-negative-working-capital machine that funds its own growth.
Build a dedicated inbound sales desk to convert existing lead flow. The seller explicitly flags that revenue can grow by hiring sales staff to service leads already coming in, which suggests current conversion is being left on the table and is a fast 90-day lever.
Formalize a repeat and referral engine around the 8,500-plus completed moves and 1,000-plus reviews. Moving is episodic, but corporate relocation accounts, real estate agent partnerships, and auto-transport cross-sell can create semi-predictable repeat volume rather than one-and-done jobs.
Lift the 4.2 star Google rating toward 4.7-plus through a structured post-move review and claims-resolution process. In a trust-driven, high-ticket purchase, half a star of rating materially moves quote-to-booking conversion and justifies premium pricing.
Pursue the inorganic roll-up the seller flags by targeting small, owner-operated regional movers in the fragmented low end. Tucking in local brands onto this back-office, fleet, and contractor network is the clearest path to scaling EBITDA past the current $1.75M.
Tighten fleet utilization and backhaul optimization across the 14 trucks. Long haul deadhead miles are pure margin leakage, so a basic load-matching and auto-transport pairing effort on return legs can lift revenue per truck without adding assets.
Decide the real estate question early and model both scenarios. Acquiring the $4.37M of offices and warehouses alongside the business locks in the footprint and adds collateral for financing, but leasing back preserves capital for operations and acquisitions.

Diligence notes

Reconcile the shifting financials before anything else. The listing cites 2025 at $20.7M revenue and $2.4M EBITDA, the TTM at roughly $18.5M and $1.75M, and the headline at $18.6M and $1.74M, so confirm the actual trailing period, verify against the QoE report, and understand why 2025 figures appear higher than the headline.
Stress test the dramatic 2023-to-2025 growth and the 2024 boom. A 60% jump plus a surge in move volume could reflect pandemic-era relocation tailwinds or aggressive marketing spend that may not persist, so examine month-by-month revenue, customer acquisition cost, and whether volume is already softening.
Investigate the 200-plus contractor and 217 contractor dependency. Understand carrier concentration, DOT/FMCSA compliance and authority status, insurance and cargo claims history, and whether key contractors are at risk of leaving or being reclassified as employees under labor rules.
Confirm the $4.37M real estate is genuinely separate from the asking price and get an independent appraisal plus environmental review on the two warehouses. Negotiate lease terms or a purchase option now so post-close occupancy cost is not a surprise that erodes the real operating margin.
Verify the condition, titles, liens, and maintenance records on the 14 Volvo semis and 20 trailers. Most being 2023 or newer is a plus, but confirm nothing is financed or leased, quantify remaining warranty, and model realistic replacement capex for the older units in the fleet.
Probe the seller's true motivation and transition commitment. The stated reason is finding a partner to scale rather than a clean exit, so clarify whether the owner expects to roll equity or stay involved, and nail down the length and substance of the training period given 2016 founding and recent rapid growth.

Source

Originally listed on BizBuySell. View original listing →