Top Performing Handyman Services Company

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Consistent Annual Revenue- Repeat Customers
Asking Price:
$595,000

Gross Revenue:
$1,131,794
Cash Flow:
$176,294
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$10,000
included in asking price

Real Estate:
$875,000
not included in asking price

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Business Description

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

Year Established:
2002
Number of Employees:
10
Real Estate:
Owned
Building Sq. Ft.:
4,300
Facilities:
The Company operates out of a single leased facility that the Seller owns and is willing to sell to the new owner.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Other business interests
Training/Support:
Mutually agreed upon transition period
Seller Financing:
59000

Listing Info

ID:
1493679
Ad Detail Views:
42

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Business Listed by

Jim Peddle

Playbook Corporate Advisory, Inc.

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