Business For Sale

Top Performing Handyman Services Company

Chicago, IL
Cook County

Northern Chicago Neighborhood

Asking Price: Annual Revenue:
$595,000 $1,131,794

Services: Home Improvement, Repair, Painting

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RE: Top Performing Handyman Services Company Broker: Jim Peddle
License #: Registered in IL
Owner Financing is Available!
$59,000 seller note.

Quick Facts

Asking Price: $595,000
Annual Revenue: $1,131,794
Net Profit: Not Disclosed
Cash Flow: $176,294
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 10
BBN Listing #: 979350522
Broker Reference #: PB16147

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Business Overview:

Playbook Advisory has been engaged to sell the assets of a 15+ Year Old Top Performing Residential Handyman Service Business. This lifestyle business provides the owner with consistent $150,000 + year annual income, it allows tremendous flexibility with the amount of hours the owner chooses to work and the Owner does not perform the actual Handyman Services.

A new owner can choose to work more hours and/or earn income by performing some of the jobs coming consistently thru the door each week. The majority of its customer base consists of middle to upper class homeowners in approximately 10-15 zip codes in Chicago. Most of its customers return for different services and have a great working relationship with the business.

The Company has an incredible employee retention rate due to the flexibility with work schedules, Company Bonus & Compensation Plans and with the recurring customers. The Seller has identified areas of improvement for a new owner who is interested in growing the business such as marketing and other services. Interested Buyers can contact our office for details regarding this Company.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The Company operates out of a single, 4,300 square feet leased facility that the Seller owns and is willing to sell to the new owner.

Market Competition and Expansion:

The Company has several competitors in the form of other similar businesses in the industry, however, they do not have the high employee and customer retention rate that the Company boasts. A new owner has an excellent opportunity to build a marketing plan for the Company almost from scratch. But the biggest thing a new owner could do is expand the Company's job referral network to cover other services and possibly collect a fee for work requests that do no fall within the Company’s areas of expertise or cannot spare the manpower to take. A new owner could also expand into services for high rise buildings.

Reason for Selling:

Other business interests.

Additional Details:

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

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