Home Remodeling/Handyman Business

Not Disclosed, OH
Trumbull County

Asking Price: Annual Revenue:
$395,000 $1,118,331

Services: Home Improvement, Repair, Painting

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RE: Home Remodeling/Handyman Business Broker: William IIgenfritz

Quick Facts

Asking Price: $395,000
Annual Revenue: $1,118,331
Net Profit: Not Disclosed
Cash Flow: $282,191
Total Debt: Not Disclosed
FF&E: $124,150
Real Estate: Not Disclosed
Year Established: 2005
Employees: 14
BBN Listing #: 60444955
Broker Reference #: 2603-16425

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Business Overview:

This well-established business with a strong reputation for quality work and dependability provides home improvement and handyman services. Business is thriving and demand has been high for their services. Approximately 40% of their business comes from repeat customers.

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Property Features and Assets:

This business is currently operated out of the owner's home. Current owner would consider renting office space to new owner if requested. All assets except personal items, cash, investments, real estate, a tractor, a car hauler, and the owner's truck are included in the sale. Some of the assets included are 3 vans, a company car, 1 dump truck, trailers, tools, ladders, brakes, customer files, phone system, and computer system. Assets = $124,150.

Market Competition and Expansion:

There are not many competitors in the area and this business sets itself apart. It is bonded and insured and has a reputation for dependability. This business also utilizes its own crew, not subcontractors, and warranties its work. There is much potential for growth with this business. Expanding more into neighboring counties, adding a sales person, and adding more technicians would allow this business to take more contracts as the client demand for this thriving business's services is greater than it can cover.

Reason for Selling:

Owner wants to retire.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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