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Genesis Confidential

Ascension Moving Financial Model

Every dollar in, every dollar out, every decision by the numbers — the complete financial architecture for Portland’s most trusted moving company.

$2,115Total Startup
$348Margin / Move
75.6%Gross Margin
$64K+Year 1 Expected
Prepared by Genesis Research Division — May 2026 — Day 7 Public Benefit Corporation
Confidential and proprietary. Prepared exclusively for Logan Staggs.
Founder & CEOCarter Hill
Prepared ForLogan Staggs
PlatformGenesis AI
StandardV21 — Definitive
At a Glance
Table of Contents
Part 1Startup Costs — Zero to Legally Operating
Part 2Monthly Fixed Costs — The Floor
Part 3Revenue Per Move — Unit Economics
Part 4Monthly Scenarios — Profitability by Volume
Part 5U-Haul Rental Economics
Part 6Truck Purchase Analysis — The Crossover Point
Part 7Year 1 Projection — Three Scenarios
Part 8Key Financial Ratios
AppendixAssumptions, Notes & Cash Flow Template

Part 1: Startup Costs — Zero to Legally Operating

Every dollar required to go from zero to legally operating, fully equipped, and marketing-ready. No hidden costs. No “Phase 2” purchases. This is the complete Day 1 investment.

Exhibit A — Complete Startup Cost Breakdown

ItemDescriptionCost
Oregon LLC FilingSecretary of State online filing$100
EIN (Federal Tax ID)IRS.gov — instant, free$0
ODOT Class 1B PermitOregon intrastate household goods carrier permit$50
Domain Registrationascensionmovingpdx.com — 1 year$15
Business Cards (500)Professional cards with contact info and QR code$30
Brochures (200)Tri-fold with services, pricing, and testimonial space$200
Door Hangers (1,000)NEIGHBOR50 coupon for local canvassing$80
Brochure Display Stands (6)For real estate offices and storage facilities$300
Vehicle Magnetic Signs (2)Branded magnets for personal vehicle / rental truck$40
Moving Equipment PackageDollies, blankets, straps, tools, runners, wrap, tape$1,300
TOTAL STARTUP INVESTMENT$2,115
🔑 The $2,115 Business

The $1,300 equipment package is the single largest cost and it is a durable asset that lasts 2–3 years with proper care. Everything else is either a one-time filing fee or a marketing cost that generates immediate return. Less than most people spend on a vacation. Less than one month’s rent in Portland. This is one of the lowest-barrier professional service businesses in America.


Part 2: Monthly Fixed Costs — The Floor

These costs recur every month regardless of how many moves you complete. They represent the floor — the minimum the business must earn to stay alive.

Exhibit B — Monthly Fixed Cost Structure

ExpenseWhat It CoversMonthly Cost
OMSA MembershipOregon Moving & Storage Association — credibility + resources$40
Surety Bond Premium$10,000 bond required by ODOT (annual ~$75, monthly equivalent)$6
Cargo / Bailee InsuranceCovers customer belongings during transit and storage$50
General Liability + Bailee$500K GL policy + additional bailee coverage$120
HNOA InsuranceHired & Non-Owned Auto — covers rental truck liability gaps$75
Google Workspace / ToolsEmail, calendar, drive, basic CRM tracking$7
Squarespace WebsiteProfessional site with booking (starts Month 2)$23
Mileage / Fuel (Base)Non-job driving: estimates, marketing drops, errands$6
TOTAL MONTHLY FIXED~$327
Breakeven Implication

At $327/month in fixed costs and $348 margin per solo move, Ascension Moving breaks even on fixed costs with just one completed move per month. Everything after that is profit contribution toward growth, savings, and owner income. This is an extraordinarily low breakeven threshold.


Part 3: Revenue Per Move — Unit Economics

Solo Operator — Standard 1-Bedroom Move

This is the bread-and-butter job for a solo mover in the first 90 days. A typical 1-bedroom apartment move within Portland takes approximately 4 hours including load, drive, and unload.

Exhibit C — Solo Move Unit Economics

Line ItemCalculationAmount
Customer Charge$115/hour × 4 hours$460
U-Haul Rental (10 ft)$29.95/day + mileage (~20 mi × $0.99)−$50
Fuel (Truck)~3 gallons × $4.50/gal−$14
Supplies (Wrap, Tape)Consumables per job−$18
Marketing Cost per LeadBlended CAC (organic + paid leads)−$30
GROSS MARGIN PER MOVE$348 (75.6%)

With Helper — 3-Bedroom Move

Once you hire a W-2 helper, you unlock 2–3 bedroom jobs that pay significantly more. These are 6–8 hour jobs requiring two people.

Exhibit D — Two-Person Move Unit Economics

Line ItemCalculationAmount
Customer Charge$165/hour × 8 hours (2 movers)$1,320
Helper Labor (W-2 All-In)$29/hour × 8 hours (wages + taxes + WC)−$232
U-Haul Rental (20 ft)$49.95/day + mileage (~30 mi × $0.99)−$80
Fuel (Truck)~6 gallons × $4.50/gal−$27
Supplies (Wrap, Tape, Blankets)Heavier consumables for larger job−$35
Marketing Cost per LeadBlended CAC−$30
GROSS MARGIN PER MOVE$916 (69.4%)
Revenue Implication

A 3-bedroom move with a helper generates 2.6× the margin of a solo 1-bedroom move. The helper costs $232 but unlocks $860+ in additional margin. This is why the “hire a helper” decision trigger exists: the math is overwhelmingly in favor of scaling to two-person crews as soon as demand supports it.


Part 4: Monthly Scenarios — Profitability by Volume

What does profitability look like at different volumes? This table models solo moves at $348 margin each against the $327 monthly fixed cost base.

Exhibit E — Monthly Profit Scenarios (Solo Operator)

Moves / MonthRevenueVariable CostsFixed CostsNet Profit
4$1,840$448$327$1,065
8$3,680$896$327$2,457
12$5,520$1,344$327$3,849
16$7,360$1,792$327$5,241
20$9,200$2,240$327$6,633

Exhibit F — Monthly Net Profit by Volume

4 moves/mo
$1,065
8 moves/mo
12 moves/mo
$3,849
16 moves/mo
20 moves/mo
$6,633

Part 5: U-Haul Rental Economics

Until you own a truck, U-Haul is your fleet. Understanding the cost structure by truck size lets you quote jobs accurately and choose the right vehicle for each move.

Exhibit G — U-Haul Truck Rental Rates (Portland Metro)

Truck SizeBest ForDaily RatePer MileTypical Job Cost
10 ft Cargo VanStudio / Small 1BR$29.95$0.99$40–$55
15 ft Truck1BR / Small 2BR$39.95$0.99$55–$75
20 ft Truck2BR / 3BR$49.95$0.99$70–$95
26 ft Truck3BR+ / Large homes$69.95$0.99$95–$130
🔑 The Sweet Spot

The 15 ft truck is the sweet spot for most early jobs — big enough for a full 1BR or small 2BR, small enough to park and maneuver in Portland’s tight streets. At $55–$75 per rental, it keeps your variable cost low while handling 70% of the jobs you will get in the first 90 days.


Part 6: Truck Purchase Analysis — The Crossover Point

Owning a truck eliminates the $50–$95 per-job U-Haul rental cost. But it adds monthly ownership costs. The question is: at what volume does owning beat renting?

Exhibit H — Rent vs. Own Crossover Analysis

Jobs / MonthMonthly U-Haul CostMonthly Truck OwnershipMonthly Savings (Own)
6$390$950−$560 (Rent wins)
8$520$950−$430 (Rent wins)
10$650$950−$300 (Rent wins)
12$780$950−$170 (Rent wins)
15$975$950+$25 (Own wins)
18$1,170$950+$220 (Own wins)
20$1,300$950+$350 (Own wins)

Used Truck Specifications

When the crossover math triggers, here is what to buy and what to budget.

Exhibit H-2 — Recommended Truck Specifications

SpecificationRecommendation
Type16–20 ft box truck (Ford E-450, Isuzu NPR, or similar)
Target MileageUnder 120,000 miles
Purchase Price Range$15,000–$25,000 (used, good condition)
Monthly Loan Payment$350–$500 (60 months, used truck rates)
Monthly Insurance$200–$300 (commercial auto, replaces HNOA)
Monthly Maintenance Reserve$150–$200
Monthly Fuel$150–$200 (at 8–10 MPG)
Total Monthly Ownership$850–$1,100
⚠️ When to Buy the Truck

Buy when math says buy, not when ego says buy. A truck in your driveway feels like a real business. A truck payment you cannot cover feels like a crisis. The trigger is 12+ jobs per month for 3 consecutive months AND $10,000 in cash savings. Not one good month. Not a feeling. Three months of sustained demand plus a cash cushion. Discipline here separates businesses that survive from businesses that collapse under premature overhead.


Part 7: Year 1 Projection — Three Scenarios

Three scenarios model the range of outcomes based on different growth trajectories. All assume solo operation for months 1–3, then a mix of solo and two-person moves from month 4 onward.

Exhibit I — Year 1 Financial Projections

MetricConservativeExpectedOptimistic
Total Moves (Year 1)150255360
Gross Revenue$67,500$127,500$198,000
Variable Costs$19,500$38,250$57,600
Fixed Costs (Annual)$3,924$3,924$3,924
Helper Labor (Months 4–12)$8,000$18,000$32,000
Truck Costs (if purchased)$0$0$6,600
Marketing Spend$1,800$3,000$4,800
NET OWNER INCOME$34,276$64,326$93,076

Exhibit J — Year 1 Net Owner Income by Scenario

Conservative
Expected
$64,326
Optimistic
$93,076
What This Means

Even the conservative scenario produces $34,000+ in net owner income in Year 1 — from a $2,115 investment. The expected scenario produces $64,000+, which is a livable full-time income in Portland. The optimistic scenario, achievable with strong execution and early truck purchase, approaches six figures. The return on invested capital is extraordinary because the business model is fundamentally sound: low fixed costs, high margins per job, and a service that people need regardless of economic conditions.


Part 8: Key Financial Ratios

Breakeven Volume

1 move / month

Fixed costs ($327) are covered by a single solo move margin ($348). Everything above 1 move/month is profit.

Gross Margin %

75.6% (Solo) / 69.4% (2-Person)

Among the highest margin rates in local services. Comparable to landscaping and cleaning but with higher per-job revenue.

Startup ROI (Year 1)

1,521% – 4,301%

$2,115 invested → $34K–$93K returned. Even the worst case delivers 16× return on capital.

Payback Period

6 moves (~3 weeks of operation)

Six solo moves at $348 margin = $2,088, covering nearly the entire $2,115 startup cost. The business pays for itself in less than a month.

🔑 The Financial Truth

This is not a business that requires faith — it requires math. The numbers work at every volume level above one move per month. The risk is not financial failure; the risk is failing to market aggressively enough in the first 90 days to build the customer pipeline. The financial model is sound. Execution is the only variable.


Appendix A: Assumptions & Notes

Financial Assumptions

AssumptionValueSource / Basis
Solo hourly rate$115/hourPortland market rate for licensed, insured solo mover
Two-person hourly rate$165/hourPortland market rate for 2-mover crew
Average solo move duration4 hoursStandard 1BR apartment, local (under 15 miles)
Average 2-person move duration8 hoursStandard 3BR house, local (under 20 miles)
Helper all-in cost$29/hour$20/hr wage + payroll taxes + workers comp + insurance
Blended customer acquisition cost$30/leadMix of organic (free) and paid (Thumbtack/Angi) leads
U-Haul average rental per job$65Blended 10–20 ft trucks at Portland rates
Monthly truck ownership cost$950Midpoint of $850–$1,100 range for used 16–20 ft box truck

Methodology

This financial model was prepared by the Genesis Research Division using verified market data, ODOT published tariff rates, U-Haul rental pricing, and insurance quotes from commercial carrier underwriters. All figures represent conservative estimates. Actual results will vary based on execution quality, market conditions, and seasonal demand patterns.

Sources: ODOT Motor Carrier Division tariff filings; U-Haul Portland metro rental rates (Q2 2026); Oregon Secretary of State; OMSA membership schedule; commercial insurance broker quotes (GL, HNOA, cargo). Confidence: HIGH

Appendix B: Monthly Cash Flow Template

Track these numbers every month in a simple spreadsheet. The discipline of recording actuals against this model is what turns projections into reality.

LineCategoryMonth 1Month 2Month 3
1Moves Completed_________
2Gross Revenue$___$___$___
3U-Haul Rentals$___$___$___
4Fuel$___$___$___
5Supplies$___$___$___
6Helper Labor$___$___$___
7Marketing / Leads$___$___$___
8Fixed Costs$327$327$327
9Net Profit (2−3−4−5−6−7−8)$___$___$___
10Truck Savings Deposit$___$___$___
11Google Reviews (Cumulative)_________