LoadUp Removals
“August pays for February. We plan the whole year around that.”
CRCallum Reid · LoadUp Removals · Since 2018
12-mo revenue$508,470+9% vs last yearStripe + Xero
!Your budget is below the typical cost to start ($25k). Most survivors in this range bought second-hand equipment.
Based on 14 real removals companies in Canada, including 5 that closed.
!Your budget is about $7.1k short.
Bills run about $2,170 a month (fuel, insurance, rent, phone). Most owners make a profit after about 5 months. Keep this much aside to pay bills until then.
Commercial vehicle registration (CVOR or NSC) from your province.
Not usually needed.
Register with your province (about $60 to $360). Get a free business number from the CRA.
Free to about $15 a month. Keeps business money apart from yours.
Sets up your books and files your first tax return.
Before costs. Busiest June–September.
| Slow | Typical | Strong | |
|---|---|---|---|
| Year 1 | $6.3k | $12k | $22.8k |
| Year 3 | $16.7k | $28.6k | $49.1k |
| Year 5 | $21k | $37.2k | $66k |
Slow: 1 in 4 make less than this. Typical: half make more, half make less. Strong: 1 in 4 make more than this.
“August pays for February. We plan the whole year around that.”
$32.1k
about $206k
Starting costs about $174k less. Buying costs more, but you earn from the first month and skip the risky early years.