Project Management Background - Handyman Company

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2018 Revenues Up $100,000 Over 2017
Asking Price:
$550,000

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

Price Reduced: Incredible 20 Year + Old Company servicing Higher End Repeat Customers from Single Location in Chicago. A buyer of this business will receive direct hands on training from successful owner with a long track record of success. Hard to find a business that has repeat customers year after year and can turn away business while concentrating on the highest margin jobs available. Year to date 2018 sales are up over $100,000 and the business is poised for further growth should a buyer choose to pursue a growth strategy.

Contact the broker for an NDA or call Jim Peddle directly at 312-525-9622.

About the Business

Year Established:
2002
Number of Employees:
10
Relocatable:
Yes
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:
Retirement
Training/Support:
Mutually agreed upon transition period
Seller Financing:
55000

Listing Info

ID:
1493679
Ad Detail Views:
1128

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Business Listed by

Jim Peddle

Playbook Corporate Advisory, Inc.
License# 310001536

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Source: American Community Survey (2010-2014), United States Census Bureau.

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