Senior Downsizing, Relocation, and Estate Liquidator Franchise

Undisclosed Address, Georgia
Business Opportunity for Sale
Catylist Listing ID: 30775284
Property Subtypes: Home and Garden
Building Size (RSF): See Agent
Sale Price: $64,000
Name of Establishment: Senior Downsizing, Relocation, and Estate Liquidator Franchise
Business Website Address: https://bit.ly/3kUI9e5
Franchised Business: Yes
Franchise Parent Name: Caring Transitions
Year Business Established: 2018
Gross Revenue: $187,379 (Annual)
Cash Flow: $57,666 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Home Based: Yes
Last Updated: 11/19/2021

Overview / Comments

As a franchise, the Caring Transitions brand has a strong reputation as the nation's most trusted resource for senior relocation, downsizing, and estate sales.

Most competitors only provide one specific service (such as moving or estate sales), however, Caring Transitions provides an all-in-one service solution: packing, moving, unpacking and resettling, space planning, decluttering, total home clean-outs, online auctions, and local estate sales for both full and partial liquidations of household goods.

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Additional Details

Industry Segment: Nurseries and Garden Centers
Reason for Selling: Owner transitioning to new ventures.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $5,000
Real Estate Status: Not Applicable
Value of Real Estate Included ($): $0
Real Estate Lease Description: Home-based.
Employee/Labor Description: 12 part-time employees.
Mgmt/Training Support Description: Ownership is willing to provide reasonable and customary transition assistance.
Competition/Market Description: (1) Turn-key and relocatable: as a home-based business, a buyer has flexibility to choose its new location freely and minimize rent expense. (2) Multiple revenue streams: most companies only focus on moving or estate liquidation. Caring Transitions provides an all-in-one solution. (3) Access to franchisor-managed database that contains a large library of training and marketing materials, as well as a built-in Customer Relationship Management (CRM) tool to help manage leads, customers, contacts, workflows, marketing campaigns, and other important data.
Growth/Expansion Opportunities: (1) Booming Local Senior Population: the local population of baby boomers is thriving, with many transitioning into retirement and downsizing. This area is characterized by huge growth in senior communities and housing and a hot real estate market; trends that have helped to drive double digit increases in revenue. (2) Online Bid Platform: the franchise is continually updating its online bidding platform, ensuring that it is accessible and easy to use. The COVID pandemic has driven demand towards online auctions, rather than in-person. (3) Referral Database and Franchise Support: The Company has an established database of over 1,700 referral sources and over 3,000 followers of estate sales and online auctions. As part of a rapidly growing nationwide franchise, Caring Transitions owners have access to guidance and expertise for marketing, certifications, as well as operational support from the franchise.
Seller Financing Description: Limited seller-financing is available for qualified buyers.

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Demographic Statistics

Proximity: 5 miles
Total Population: 2,333
Median Age: 34.31
Households: 480

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