Question 1

What are the current revenue numbers? Roughly 60k per month (per the 2k/day stat mentioned in the headline)? Also, the current market is only Los Angeles? What market are you targeting next?

Accepted Answer

Hey Kip! Thanks for your interest in Muvr. At present, Muvr is generating approximately $75,000 in monthly revenue, demonstrating significant growth and surpassing our previous figures. This achievement underscores our ability to attract customers and movers alike, even in the absence of extensive marketing efforts. Muvr's success in reaching this milestone has been driven by word-of-mouth referrals and positive customer experiences, rather than traditional marketing strategies. Despite limit...

Question 2

i am in real estate every part except being an agent,therefore, being able to use this would be nice. love your idea of what the company does briefly then a bar code on your jackets etc. i am wondering so when people sign up to be movers they just drive their vehicle and wear ...

Accepted Answer

Hey John! Thank you for your interest in Muvr and for your insightful questions. Regarding our movers, while we can't mandate the wearing of branded apparel due to employment classification considerations, we are incentivizing them to wear our branded attire, including full purple shirts, joggers, hoodies, and hats. Each of the tops features a prominent QR code on the back, which has proven to be an effective marketing tool, allowing people to easily scan and learn more about our services. Ad...

Question 3

Thanks for fast response. I am wondering is this something you would franchise one day. From personal experience all my companies I invested In that has franchise models are absolutely crushing it now! Ones that have corporate locations we used the franchise money along with c...

Accepted Answer

Hey John, Thanks for your continued interest in Muvr. While franchising is not currently part of our business model, we understand its potential benefits in certain industries. However, our approach to disrupting the moving industry is centered around our innovative technology platform and business model, which provide a scalable solution for both customers and movers. Similar to Uber's disruption of the taxi industry, Muvr is transforming the moving industry by connecting customers with reli...

Question 4

3% of revenue will be paying up how big of a loan? If the loan is 50k everyone will get their money faster than if the loan is a million? How can we figure out a basic timeline of when we will get paid back

Accepted Answer

Hi Eliezer, Thanks for your interest in Muvr. Regarding the loan amount: With a $5 million loan, we anticipate significant acceleration in our growth and expansion efforts. This funding will enable us to invest in key areas such as technology development, marketing initiatives, and operational scaling, facilitating our goal of nationwide expansion. As for the repayment timeline: Given our projected growth trajectory and the size of the loan, we remain confident in our ability to achieve a pay...

Question 5

Hi there! I would love to add a company like this to my portfolio. My question would be would you have any interest in a straight equity deal to investors in the future? I feel these investors carry high risk. I personally don't want my investment return capped to a X multiple...

Accepted Answer

Hey Thomas, Thank you for expressing interest in Muvr and considering adding us to your portfolio. Regarding your inquiry about a straight equity deal for investors in the future, we currently do not have plans to offer equity deals. Retaining 100% equity aligns with our vision and mission, which prioritize long-term impact and innovation over short-term gains. Our focus is on achieving a quick payback for investors, rather than prolonging the timeline for an exit. We believe in the bigger pu...

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