Moving companies in Illinois are valued at 2x to 4x SDE. Commercial moving businesses — office relocations, corporate relocation accounts — command higher multiples than residential-only movers. Companies with storage-in-transit revenue have a more stable income base that supports stronger valuations.
Fleet Condition and DOT Compliance
Moving truck fleet condition, age, and maintenance records are central to valuation. DOT authority, FMCSA compliance history, and insurance costs all factor in. A fleet of newer trucks with clean DOT records is a material asset; aging trucks with deferred maintenance represent a capital liability that buyers factor into their offers.
Commercial Accounts and Storage
Corporate relocation accounts, property management partnerships for apartment move-in/out services, and long-distance commercial moving contracts provide predictable recurring revenue. Businesses with dedicated storage facilities — whether owned or via portable storage units — have additional revenue diversification and asset value.
Online reputation (Google reviews, Yelp, moving-specific review sites) is unusually important for moving companies because most customers research heavily before choosing. A business with 4.7+ stars across 200+ reviews has a genuine competitive advantage that buyers can leverage for continued growth.