Established Handyman business with National Brand

Asking Price$132,000

Cash Flow
$50,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$661,000

InventoryNot Disclosed

FF&E$13,000
Included in asking price
Ace Handyman Services
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Established Handyman business with National Brand


Asking Price$132,000

Cash Flow
$50,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$661,000

InventoryNot Disclosed

FF&E$13,000
Included in asking price
Business Description
Ace Handyman Services #127 on the Franchise 500 list by Entrepreneur Magazine and #1 in the Handyman Category! In addition, Ace Handyman Services has been ranked as the 24th Fastest Growing Franchises in 2023, according to Entrepreneur Media!
Instead of buying a start-up - this office has already done the work in an established territory. Step into our office and make it your own!

Our franchise concept is a nationally recognized concept that serves the repair, restoration and maintenance needs of both residential and business customers. Business specializes in small – to medium – size jobs covering a wide range of “around-the-house” handyman tasks, repairs, installations and maintenance found on everyone’s to-do lists. By building a base of happy repair customers and selling more to them this business enjoys a high repeat business.

Market Position: This business has taken the traditional handyman business and created a tech-savvy handyman service that offers one-stop shopping for both consumers and businesses, under the credible Ace Hardware brand! Being a part of the ACE Hardware family instills client reassurance that the same service experience you have in the store is the same service experience you will have in your home.

This business has developed systems, documented operations and proprietary technology – including proprietary software that systematically manages estimating, scheduling, marketing, dispatching and numerous other areas – to create a “retailing of services” concept that combines a highly-structured business management model with the hands-on talent of Craftsmen.

While the handyman industry remains highly fragmented with many “mom and pop” operators, this business’ Craftsmen are employees of local franchise owners and have undergone extensive background checks and adhere to a dress code. A consistent Service Path experience and embracing the ACE Way values is what sets us apart. The business has a great reputation and an established website that appears 1st in the area on all search engines. Over the last 6 months, the business earned 87 five-star online reviews, while the next closest competitor has only received 25.

This is a turnkey profitable business and can be run by the owner or a manager. The Franchise itself has been around since 1998, recently acquired by Ace Hardware in 2019, with a very successful business model where the owner is the executive of the business with the responsibility of running and operating the business.

Ace Handyman Services of Colorado Springs represents a rare opportunity to acquire an established and profitable handyman franchise business that offers all the benefits of a turnkey operation. With systems in place, a nationally recognized brand name, and a growing industry, this business is primed for continued success.
About the Business
Years in Operation
5
Number of Employees
8
Franchise
This business is an established franchise
Market Outlook / Competition
Market Data:
Households: 337,341
Businesses: 21,880
Total Population: 904,017
Opportunities for Growth
Growth and Expansion:
2022 Revenue was about $311,000, it is up more than double since then and still beating last year's comparable months by significant margins.

Commercial expansion opportunities include:
Military Installations:
United States Air Force Academy
Fort Carson
Peterson Air Force Base
Schriever Space Force Base
Cheyenne Mountain Space Force Station

FY 2023: $2.6M in Contracts for Handyman Work in El Paso County, per usaspending.gov
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
360
About the Sale
Seller Motivation
Seller is looking to retire.
Transition Support
Business operations and management training at Support Center headquarters prior to launch and Grand Opening support at your location after launch.

Ongoing operational and marketing support provided by the AHS Support Center includes:
performance analysis, strategic development, tactical planning, resource allocation and decision-making.
Listing Info
ID
2309130
Listing Views
1226
Business Location

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Business Listed by: Doug Ralph

Listing ID: 2309130 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.