If you are looking for a high-margin, well-established removals/relocation company with a good reputation that is indicated in its strong and consistent annual financial performance, this is what you’ve been dreaming of!
This is a rare chance to buy a moving company in Vietnam which is extremely profitable.
Overview of this business for sale
The company has been operating in Vietnam for 19 years. For the last 10 years, they have been operating with an international franchisor in Vietnam. It is registered in Hanoi and has a rep office registered in Ho Chi Minh City that has been established for 8 years.
The portfolio of services includes international removals, domestic house/office removals, fine-art removals, pet relocation, warehousing, and customs clearance. It thoroughly packs, imports, or exports client’s goods using third-party air, ocean, and road logistic services from one place to another.
Founded in 2002, the company is a member of an array of international organizations such as IAM and IPATA, and also American Chambers of Commerce, European Chambers of Commerce, German Business Association, French Chamber of Commerce, Singapore Business Group. The business for sale boasts a loyal repeated customer base that includes various embassies or consulates, EU, WGB, UNDP, Int’l schools, and multi-national companies as Microsoft, Pepsi, P&G, Unilever. In addition, the business is approved by US DOS, DOD, and NATO. The majority of customer relationships are spanning since business establishment. The capacity of this moving company for sale allows for servicing 200-400 customers annually.
The owner is selling to facilitate the retirement plans. He is willing to have 5% of the company to stay on with the purchaser for a while before exiting from it completely.
The assets include packaging materials, boxes, computers and furniture, website, licenses in good order, brand value, goodwill, long-term customers, partnerships.
