Top-Rated Handyman Services Franchise, 14 Year History

Chicago, IL (Cook County) (Relocatable)

Seller Financing Available
Top-Rated Handyman Services Franchise, 14 Year History
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Asking Price: $465,000

Cash Flow: $173,435

Gross Revenue: $826,170

EBITDA: N/A

FF&E: $30,000

Inventory: N/A

Rent: $0.00

Established: 2004

Top-Rated Handyman Services Franchise, 14 Year History

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Business Description

20+% Cash Flow Margins. 14-Year History. 10,000+ Customer Database.

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.

Detailed Information

Real Estate:
Leased
Building SF:
1,900
Lease Expiration:
N/A
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is operated from a leased 1,900 sq. ft. office space.
Growth & 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.
Financing:
Please inquire for details.
Support & Training:
The seller is committed to the company’s ongoing success and will provide training and support over a mutually-agreed upon transition period. The franchisor also provides extensive initial and ongoing training and support, along with a dedicated business consultant for the business.
Reason for Selling:
Focus on family.
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(from currently available funds)
 
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Andrew Rosenthal

Business Listed By:
Lighthouse Business Brokers

Lighthouse Business Brokers

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