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- RE: Independent Home Contracting Business
- Contact: Timothy Larrabee
Quick Facts
Asking Price: | $119,900 | |
Annual Revenue: | $373,454 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $3,818 | |
Total Debt: | Not Disclosed | |
FF&E: | $5,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | 5 | |
BBN Listing #: | 841762860 | |
Broker Reference #: | 12821-750464 |
Business Overview:
Are you a handy person looking to buy an existing construction-related business that can be managed remotely? If so, this profitable business might be the right opportunity with an experienced team of “Handyman” technicians working jobs for you throughout Eastern
Massachusetts. This turnkey business comes with a stellar 20 year reputation and a large database of customers located throughout the State. Relied upon over the years by thousands of residents needing basic carpentry, window replacements, decks, or many other types of home repairs, this seasoned company has much more business than it can handle. Revenue has remained strong with over $321,000 in average annual sales from 2018-2021. Price includes tradename, equipment, inventory, customer list, websites and supplies. Start getting service calls on your first day!
This business has been assisting homeowners with assorted repairs and maintenance for over 20 years. Founded by former corporate HR executive, this business was initially created out of his need for self employment, but over the years, it has morphed into a mature, profitable operation with a great reputation for honesty, trustworthiness and a 100% satisfaction customer guarantee. The seller is now ready to retire and pass this business over to the next generation.
This business has little to no direct competition in the areas it operates and the work is very plentiful. With a diversified customer base and employees located from the northeast portion of Middlesex County down to the South Coast, this business has a large territory with unlimited opportunities to expand. This business offers an energetic buyer a lot of potential for sales growth and profitability.
Below are a few recommendations suggested by the Seller:
* Expand hiring of qualified technicians to increase revenue and market share
* Improve social media advertising and presentation on the various web platforms
* Increase diversification of skill sets and employees to enter into new markets and areas.
This business has two distinct territories that are both managed remotely from the Seller’s
home office. The first territory is located in a nice community nestled in the Northeast portion of Middlesex County along the border of NH, while the second is located in on the South Coast. Since this business model has already been proven to work remotely, the new buyer will also have the option to do the same, thereby, saving lots of money on rent and overhead costs.
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Reason for Selling:
Semi retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Massachusetts businesses for sale
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