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Handyman Company Northern Chicago Area

Chicago, IL (Cook County)

Seller Financing Available
Handyman Company Northern Chicago Area
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Asking Price: $550,000

Cash Flow: $240,000

Gross Revenue: $1,131,794

EBITDA: N/A

FF&E: $10,000

Inventory: $1,000

Real Estate: $875,000*

Established: 2002

*not included in asking price.

Handyman Company Northern Chicago Area

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Business Description

2018 Cash Flow - $240,000

Financial Update: Projected 2018 Cash flow - $240,000

Incredible 20 Year + Old Company servicing Higher End Repeat Customers from Single Location in Chicago. A buyer of this business will receive direct hands on training from successful owner with a long track record of success. Hard to find a business that has repeat customers year after year and can turn away business while concentrating on the highest margin jobs available. Year to date 2018 sales are up over $100,000 and the business is poised for further growth should a buyer choose to pursue a growth strategy.

Contact the broker for an NDA or call Jim Peddle directly at 312-525-9622.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,300
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company operates out of a single leased facility that the Seller owns and is willing to sell to the new owner.
Competition:
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.
Growth & Expansion:
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.
Financing:
75000
Support & Training:
Mutually agreed upon transition period
Reason for Selling:
Retirement
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Jim Peddle

Business Listed By:
Jim Peddle

Playbook Corporate Advisory, Inc.

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