Business Overview:
This home repair business started in 2005 and has provided residential repair and remodeling services to clients across the St. Louis region. With a focus on serving seniors and providing fair prices, reliable work, and on-time projects, the business has built a reputation for being the 'one to call' when you need work done- whether a small project to hang some shelves, sprucing up the landscaping, or larger projects such as kitchen and bathroom remodels. With many repeat clients and a strong word-of-mouth network as the 'inside' business to call, this is a great opportunity to pick up an existing business and grow it to the next level, or use the business as an add-on service to augment your existing services and to increase your market base. The work this company provides is known for the talented contractors who do exceptionally professional work and affordable rates for plaster, paint, window repair and installation, entry doors, basement remodeling, kitchen and bath remodeling, and plumbing and electrical work with an average of 200 jobs per year.
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Property Features and Assets:
The business is easily relocatable and can be performed from any location. It is recommended to maintain the client base by remaining in/around the Greater St. Louis area, but the business model could be replicated anywhere. The owner has a utility van, which is negotiable, and rents special equipment or hires specialty contractors when needed, and thus does not keep any heavy equipment nor worries about the cost to maintain and store any equipment. Anyone with a basic set of hand tools can start in this business. The employees each own their own set of hand tools.
Market Competition and Expansion:
This business is poised for growth. The entrepreneur or existing business owner who acquires this business can take advantage of testimonials from satisfied customers and build upon a social media and marketing campaign to attract new clients from a range of demographics. Additionally, with the rise in home health care services, there are strategic opportunities to partner with senior care providers and similar agencies to build referral relationships to help perform repair and remodel services for homebound clients. This is an underserviced market in the St. Louis region and any service-based business looking for a year-round add-on to supplement their existing business services, perhaps their seasonal services, cannot go wrong by integrating this plug-and-play repair business into their existing service offerings.
Reason for Selling:
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
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