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Handyman Services Franchise, 14 Year History For Sale

Chicago, Illinois
Asking Price:
$380,000 (USD) Furniture / Fixtures included
Sales Revenue:
$721,319 (USD)
Cash Flow:
$138,112 (USD)

Founded in 2004, this large, top-rated franchise location for sale in Chicago, Illinois specializes in providing handyman, repair and remodeling services to residential and commercial customers.
Part of one of the largest turnkey handyman franchise systems in the country, a new owner will significantly benefit from the franchisor’s extensive initial training and operational systems, as well as its ongoing marketing, supply chain, and consulting expertise and support. The two previous owners of this business came from corporate backgrounds with no previous industry experience and capitalized on this top notch support system.
The business model allows the owner the ability to have evenings and weekends free to enjoy other pursuits. All the work is done by W-2 hourly employees who are comprised of professionals and customer service reps.
The business is highly leveraged to sales, with a cash flow margin consistently exceeding 20+%. The powerful leverage is created since the professionals are paid on an hourly basis that is directly tied to the hours charged to the customers.
All of the customers are located in the Chicago-area, and a size-able percentage of the customers are recurring customers that return for a variety of handyman and remodeling services. The owner and the franchisor have identified several key areas for expansion.

Property information

Real Estate:

Lease

Size in square feet:
1,900

Business Operation

Expansion Potential:

Due to the size and scope of the exclusive franchise territory, the seller believes that there are a multiple of expansion opportunities for a new owner. Significant demographic growth opportunities exist within the fast-growing segments of the aging seniors and the Millennials.

Reasons for selling:

Focus on family.

Employees:
10-15
Years established:
14

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

The seller is committed to the company’s ongoing success and will provide training and support over a mutually-agreed upon transition period. The franchisor also provides extensive initial and ongoing training and support, along with a dedicated business consultant for the business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Please inquire for details.

Furniture / Fixtures value:
$30,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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