You want to sell your moving company? Then it's good to know what the takeover market in the field of moving companies looks like. The housing market is doing well, so that means the moving market is thriving as well.
The number of consolidations among moving companies is at an all-time high. Many acquisitions are visible in the market.
There are many ways to value a business. A common method of expressing the value of a business is "a factor x gross annual profit." This factor is also called multiple and another designation for gross annual profit is EBITDA (Earnings Before Interest Taxes Depreciation and Amortization).
In the automotive, transportation & logistics sector, which includes a moving company, an indicative EBITDA multiple range of 3.8 to 4.5 is currently used, according to the Brookz Takeover Barometer. The average EBITDA multiple across all SME sectors is 4.90.
The valuation of a business is often the starting point for negotiations between buyer and seller. The outcome of these negotiations is the final sales price. So valuation and price are two different quantities. Besides valuation, the price is also determined by possible scarcity in the market, bargaining power of the parties, the strategic value of the business for the buyer and possible synergy effects for the buyer (cost savings, purchasing advantages).
Do the calculationThere are many startups in the market every year, so the number of businesses with one person working is very high.
In figures, the number of moving companies in 2024 looked as follows(CBS):
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A number of trends and developments will inevitably cause changes over the next few years, but also offer moving companies many growth and acquisition opportunities:
Sustainability in the logistics sector went into a growth spurt during the pandemic. Especially in the moving industry, there is a growing demand for the combination of good service and sustainable transportation. Despite the fact that the energy transition is quite challenging, it is the only right path to take, according to ABN Amro.
For the consumer, it is often just a matter of waiting to see what will show up: is it a professional moving company or is it a team of strong men, throwing the boxes into the truck. To make the playing field fairer for moving companies, several campaigns are now underway, according to TLN.
For moving companies, the market is in full business now, but the future will see more frequent expansion of services. In addition to coordinating complete moves, the logistics staff will also be used to transport furniture, business packages or transportation for construction.