Top-Rated Handyman Services Franchise - 14 Yr Hist

Chicago, IL
Cook County

Asking Price: Annual Revenue:
$380,000 $721,319

Services: Home Improvement, Repair, Painting

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RE: Top-Rated Handyman Services Franchise - 14 Yr Hist Broker: Andy Rosenthal
Owner Financing is Available!
Please inquire for details

Quick Facts

Asking Price: $380,000
Annual Revenue: $721,319
Net Profit: Not Disclosed
Cash Flow: $138,112
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 15
BBN Listing #: 451449474
Broker Reference #: Not Disclosed

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Business Overview:

Founded in 2004, this large, top-rated franchise location for sale in Chicago, Illinois specializes in providing handyman, repair and remodeling services to residential and commercial customers.

Part of one of the largest turnkey handyman franchise systems in the country, a new owner will significantly benefit from the franchisor’s extensive initial training and operational systems, as well as its ongoing marketing, supply chain, and consulting expertise and support. The two previous owners of this business came from corporate backgrounds with no previous industry experience and capitalized on this top notch support system.

The business model allows the owner the ability to have evenings and weekends free to enjoy other pursuits. All the work is done by W-2 hourly employees who are comprised of professionals and customer service reps.

The business is highly leveraged to sales, with a cash flow margin consistently exceeding 20+%. The powerful leverage is created since the professionals are paid on an hourly basis that is directly tied to the hours charged to the customers.

All of the customers are located in the Chicago-area, and a size-able percentage of the customers are recurring customers that return for a variety of handyman and remodeling services. The owner and the franchisor have identified several key areas for expansion.

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Market Competition and Expansion:

Due to the size and scope of the exclusive franchise territory, the seller believes that there are a multiple of expansion opportunities for a new owner. Significant demographic growth opportunities exist within the fast-growing segments of the aging seniors and the Millennials.

Reason for Selling:

Focus on family.

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 a franchise resale opportunity.

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