Handyman, Home Improvement and Aging in Place Business
Business Description
This established handyman, home improvement, and aging-in-place franchise presents an exceptional opportunity in Montgomery County, Maryland's thriving construction market. Operating since 2023, the business has achieved $251,000 in annual revenue while building a strong reputation for quality service and customer satisfaction.
The company serves the growing demand for home improvements and aging-in-place modifications, providing essential services to homeowners throughout Maryland. As a licensed and insured contractor, the business differentiates itself through white-glove service delivery and stands behind all work performed, building trust with customers who value reliability and accountability.
Key Business Strengths:
- Licensed and insured operation in compliance with Maryland requirements
- Strong franchise territory with exclusive market coverage
- Established customer base with excellent ratings and repeat business
- Comprehensive service offerings in high-demand market segments
- Proven systems and operational processes in place
Growth Potential:
Significant expansion opportunities exist through more competitive pricing strategies and increased market penetration. The shortage of experienced, licensed contractors in the area creates favorable market conditions. The franchise model provides ongoing support and training, while territorial exclusivity offers protection and growth potential throughout the state.
Support Package:
The seller will provide comprehensive two-week full-time training followed by 90 days of part-time consulting. Additional franchise training and optional meetings ensure continued operational support.
Financial Details:
Asking price: $45,000 with seller financing available. The owner is selling to focus on family commitments, creating an opportunity for a motivated buyer to acquire a profitable, established business with strong fundamentals and growth potential.
This turnkey operation offers upside potential in Maryland's robust home improvement market.
The company serves the growing demand for home improvements and aging-in-place modifications, providing essential services to homeowners throughout Maryland. As a licensed and insured contractor, the business differentiates itself through white-glove service delivery and stands behind all work performed, building trust with customers who value reliability and accountability.
Key Business Strengths:
- Licensed and insured operation in compliance with Maryland requirements
- Strong franchise territory with exclusive market coverage
- Established customer base with excellent ratings and repeat business
- Comprehensive service offerings in high-demand market segments
- Proven systems and operational processes in place
Growth Potential:
Significant expansion opportunities exist through more competitive pricing strategies and increased market penetration. The shortage of experienced, licensed contractors in the area creates favorable market conditions. The franchise model provides ongoing support and training, while territorial exclusivity offers protection and growth potential throughout the state.
Support Package:
The seller will provide comprehensive two-week full-time training followed by 90 days of part-time consulting. Additional franchise training and optional meetings ensure continued operational support.
Financial Details:
Asking price: $45,000 with seller financing available. The owner is selling to focus on family commitments, creating an opportunity for a motivated buyer to acquire a profitable, established business with strong fundamentals and growth potential.
This turnkey operation offers upside potential in Maryland's robust home improvement market.
About the Business
- Years in Operation
- 3
- Employees
- 3 (2 Full-time, 1 Contractor)
Paid by hours worked or by the job. Hours vary each week. If they are offered a - Franchise
- This business is an established franchise
- Facilities & Assets
- There are no facilities or assets included in the sale. This business can be operated from home or an office. Originally had office space but found it was not needed, so working from home office. The employees own their own tools, the business does not need to purchase those. The only office equipment that has been needed is a computer and a printer that also has copying and scanning ability.
- Market Outlook / Competition
- Maryland requires a home improvement company to be licensed and insured. I have found we are in the middle for costs so emphasize our white glove service. Many licensed companies are more expensive and unlicensed companies are typically lower. Customers are not always aware that they may have no recourse if they have problems with an unlicensed and uninsured contractor. We stand behind our work and have quickly rectified concerns if they arise which has been appreciated by customers.
- Opportunities for Growth
- There is a lot of opportunity for growth. There appears to be a shortage of experienced and trusted licensed contractors in the area. Additionally, we have underpriced many of our jobs so with more realistic pricing there could be significant increase in revenue. This is a franchise with a very strong territory and until there is another franchise in the area we can work anywhere in the state. Sale includes book of hundreds of customers and dozens of repeat customers.
About the Sale
- Seller Motivation
- To spend more time assisting an older family member
- Transition Support
- The owner will provide full time training for the first two weeks and part-time consulting for the next 90 days. The franchise also provides training and regular optional meetings.
- Financing Options
- Open to financing
Listing Info
- ID
- 2288721
- Listing Views
- 77
Listing ID: 2288721 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.
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