Asking Price: $595,000 Gross Revenue: $1,131,794Cash Flow: $176,294 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $10,000 included in asking priceReal Estate: $875,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Playbook Advisory has been engaged to sell the assets of a 15+ Year Old Top Performing Residential Handyman Service Business. This lifestyle business provides the owner with consistent $150,000 + year annual income, it allows tremendous flexibility with the amount of hours the owner chooses to work and the Owner does not perform the actual Handyman Services.
A new owner can choose to work more hours and/or earn income by performing some of the jobs coming consistently through the door each week. The majority of its customer base consists of middle to upper class homeowners in approximately 10-15 zip codes in Chicago. Most of its customers return for different services and have a great working relationship with the business.
The Company has an incredible employee retention rate due to the flexibility with work schedules, Company Bonus & Compensation Plans and with the recurring customers. The Seller has identified areas of improvement for a new owner who is interested in growing the business such as marketing and other services. Interested Buyers can contact our office for details regarding this Company either by phone or email.
About the Business
Number of Employees:
Building Sq. Ft.:
The Company operates out of a single leased facility that the Seller owns and is willing to sell to the new owner.
The Company has several competitors in the form of other similar businesses in the industry, however, they do not have the high employee and customer retention rate that the Company boasts.
Growth & Expansion:
A new owner has an excellent opportunity to build a marketing plan for the Company almost from scratch. But the biggest thing a new owner could do is expand the Company's job referral network to cover other services and possibly collect a fee for work requests that do no fall within the Company’s areas of expertise or cannot spare the manpower to take. A new owner could also expand into services for high rise buildings.
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
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