Handyman Service from the Trusted Ace Hardware Brand

Asking PriceNot Disclosed

Cash Flow
$78,800
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$675,000

InventoryNot Disclosed

FF&E$72,000
Included in asking price
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Handyman Service from the Trusted Ace Hardware Brand


Asking PriceNot Disclosed

Cash Flow
$78,800
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$675,000

InventoryNot Disclosed

FF&E$72,000
Included in asking price
Business Description
Ace Handyman Services (1-3 territories for sale: Silver Spring, Laurel, & Northern Anne Arundel County, MD)
Asking Price: $119k/$223k/$595k
Established: July 2022

We are the answer to 'Who Do You Call?'
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!

This is an opportunity to purchase 1-3 territories in at different stages of development. Seller currently owns three territories and started developing them individually. These territories are available as a whole or individually with each at a different stage of development. A large portion of revenue has been invested in marketing resulting in a 20% growth in 2024!

We fill the gap between General Contractors and Do- It-Yourselfers. Our multi-skilled team is the answer to 'Who Do We Call'? 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 trusted 100-hundred-year-old 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. We do benefit from lead generation through Ace Hardware store locations and Ace Reward Members. 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, adhere to a dress code and call customers the evening prior to a job to verify the time of arrival. A consistent Service Path experience and embracing the ACE Way values is what sets us apart.

Business will be operated from a small office. Business will come with over 1,800 existing clients with ~50% of business as repeat customers. Customer contact information stored in a business database. Business has a great reputation (4.9*s on Google) and an established website with 1st page Google search rankings.

This is a great opportunity for someone that wants to own their own business. 2024 sales finalized at $604,000. A solid foundation been established within this market segment. This is a great opportunity to purchase a budding business.

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.
About the Business
Years in Operation
2
Employees
6 (6 Full-time)
Franchise
This business is an established Ace Handyman Services franchise
Website
http://www.AceHandymanServices.com
Real Estate
Owned or Leased
Leased
Rent
$1,568.00 per month
Lease Expiration
6/1/2026
About the Sale
Seller Motivation
Moving to be with family that has relocated across country.
Transition Support
There is a great corporate training program in Colorado and current owner will help with the transition.
Listing Info
ID
2380971
Listing Views
24

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Business Listed by: Phil Savard

Listing ID: 2380971 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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