Great 18-Year Chicago Area Home Service Franchise
Business Description
Great Owner/Operator Opportunity with Professional Valuation Completed
--> Owner is ready to sell this successful, 18-year,profitable, single-employee /owner-operator-run home-service franchise location. The sale includes a large single territory that takes in parts of Cook and Lake Counties and encompasses Navy Pier and territories to the North. New territories for this popular brand would be much smaller.
--> This is a popular and successful home-service franchise brand with a large parent company that can assist with a call center and cross-brand marketing. The beauty of this model is that virtually every residential address needs this service, as well as numerous commercial segments. Additionally, this concept provides for recurring revenue, which is a huge plus!
--> The current owner has established 18-years worth of connections with numerous complementary businesses/referral sources, including property managers, realtors, and other referral sources. Additionally, the sale's price was determined by a business evaluation expert from a local lending institution.
--> A new owner could choose to keep this as a single-owner/operator model or hire technicians to grow, which is the franchisor's recommended path. A new buyer can decide to keep it small and close to the vest or expand and hire employees to grow in this high-population territory.
--> The owner's current vehicle is older and will not convey, so no vehicle is included in the sale, allowing a new owner to lease or purchase a wrapped vehicle of their choosing.
--> This is a franchise sale, and the franchisor has minimum qualification requirements, including a net worth of at least $100k and a minimum liquidity of $50k.
--> Request information, and we will send you an NDA and a Buyer Information sheet that can be easily filled out and signed online in a couple of minutes. Once completed, we will give you a call and discuss this opportunity with interested parties and connect you directly with the seller and franchisor. Please note: No information will be shared until we have an initial 10-15-minute call to review the details with you.
* Image shown may be a stock image and may or may not be representative of the business being sold.
--> This is a popular and successful home-service franchise brand with a large parent company that can assist with a call center and cross-brand marketing. The beauty of this model is that virtually every residential address needs this service, as well as numerous commercial segments. Additionally, this concept provides for recurring revenue, which is a huge plus!
--> The current owner has established 18-years worth of connections with numerous complementary businesses/referral sources, including property managers, realtors, and other referral sources. Additionally, the sale's price was determined by a business evaluation expert from a local lending institution.
--> A new owner could choose to keep this as a single-owner/operator model or hire technicians to grow, which is the franchisor's recommended path. A new buyer can decide to keep it small and close to the vest or expand and hire employees to grow in this high-population territory.
--> The owner's current vehicle is older and will not convey, so no vehicle is included in the sale, allowing a new owner to lease or purchase a wrapped vehicle of their choosing.
--> This is a franchise sale, and the franchisor has minimum qualification requirements, including a net worth of at least $100k and a minimum liquidity of $50k.
--> Request information, and we will send you an NDA and a Buyer Information sheet that can be easily filled out and signed online in a couple of minutes. Once completed, we will give you a call and discuss this opportunity with interested parties and connect you directly with the seller and franchisor. Please note: No information will be shared until we have an initial 10-15-minute call to review the details with you.
* Image shown may be a stock image and may or may not be representative of the business being sold.
About the Business
- Years in Operation
- 17
- Currently Home Based
- Yes
- Franchise
- This business is an established franchise
- Facilities & Assets
- This is a great service business that can be operated from a home-office environment - no expensive leases required! Some franchises rent self-storage space as need as they grow. The sale will include most equipment, but the buyer may need to buy additional pieces that the franchisor may require. While these would be in addition to the purchase price, the amount would likely not be significant.
- Market Outlook / Competition
- Typical competitive environment with other players in this space. This is an in-demand service that virtually every residential household and multi-unit complex needs. Additionally, there are huge opportunities within the commercial space as well.
- Opportunities for Growth
- The current owner has operated and managed this business by himself. This affords a new local owner significant upside potential for this large territory if they decide to hire technicians. Multi-unit restaurant owners love this type of business as it's simple to learn and replicate - simply add more trucks as you grow. Additionally, the franchise system has numerous complementary brands that can be networked to maximize organic leads.
About the Sale
- Seller Motivation
- Owner is retiring and ready for the next phase of his life.
- Transition Support
- The franchisee is willing to stay on for up to 30 days + a new owner will attend training at the corporate training center. You will like this franchise system and the parent company - they are very supportive, and it's not uncommon for a franchise owner to own multiple brands from this parent company!
Listing Info
- ID
- 2434765
- Listing Views
Listing ID: 2434765 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.
Businesses for SaleIllinois Businesses for SaleIllinois Business Service Businesses for SaleIllinois Other Business Services Businesses for Sale
Similar Listings
