KY- Lexington Senior Relocation and Estate Sale Franchise

We are the nation's leader in senior downsizing, relocation and estate liquidations. We provide concierge services for moving- from space planning, packing, booking movers, to loading and unloading oversight- to same day unpacking and resettling. All in all our franchise owners find seniors looking to downsize into an assisted living facility or a smaller apartment. We will go through the house to find which items the senior wants to take with them to the new place. We will box them up and physically move them to the new location and then unpack them. We set up the new living quarters to make it feel like a small piece of their own home. We then go back into the house and whatever is left we will perform an estate sale or online sale using our CTBids website. Finally, we downsize and declutter the house by donating items that have value and throwing out trash leaving the home in a broom swept condition so a real estate agent can stage it and put it on the market to be sold.

Total Sales: $341,000

Cash Flow: $111,000

FFE: $13,000

FFE Included: Yes

Inventory: $1,000

Inventory Included: Yes

Year Established: 2009

Employees: 9

Monthly Rent: $2,000

Square Footage: 3000

Facilities Information:

Adjoined warehouse to landlord (and previous owner). Large bay door & man door, 14' ceilings, concrete floor and cinderblock walls. Gated parking lot, plenty of parking. Estate sale neighborhood- several other consignment stores on adjacent block. Central city location. Been at this location since 2009. Plenty of pallet racking and shelves to make receiving and handling inventory more streamlined. Exterior of building being renovated and expected completion is Spring 2023. New roof 3 years ago. New LED overhead lighting. Painted walkways throughout. Corner area carved out for office space and shipping station.

Reason For Sale:

Pursue other interests

Training & Support:

We have an extensive 4-6 week training program. Most of the training is online or over the phone at home but that last week is 1 week with us in Cincinnati, Ohio in a classroom setting. The Seller will also be available to help during the transition.

Owner Qualifications:

Hiring, marketing, giving proposals, managing their teams, networking, working with their grassroots marketing partners, managing the jobs from start to finish, coming up with solutions to customer's needs, sales call, project management, working with vendors, payroll, invoicing.

Competition:

There are a few local competitors; however, the majority of our online shoppers are regular shoppers that we see every week. Our clients are endeared to us through our amazing level of care and compassion. Families that use our services to clear homes of passed loved ones are indebted and beyond grateful for a company that did what they could not, many from across the country.

Potential Growth:

The demographic we primarily serve is on the brink of exploding ("silver tsunami") therefore the demand for services is going to increase exponentially and we are also currently showing a 74% increase in gross revenue.