Handyman And Remodeling Services Business-One Franchise-3 Territories

Price: $830,000

Location: East TN

Industry: Construction

Listing ID: 010142024

Listing Status: New

Description

Handyman Service

LISTING DETAILS

Total Sales: $850,000

Cash Flow: $123,132

Accounts Receivable Included: No

FFE: $75,000

FFE Included: Yes

Inventory: $5,000

Inventory Included: Yes

Operation

Year Established: 2022

Days & Hours of Operation: 5 days/8 hours

Owner Hours Per Week: 40

Lender Pre-Qualified: Yes

Employees: 6

Managers: 1

Location

Real Estate: $600,000

Real Estate Included: Yes

Type of Location: Road Frontage

Square Footage: 6119

Franchise: Yes

Relocatable: Yes

Summary

Facilities Information:

The business operates out of a 6,119 square foot commercial building on a 0.30-acre parcel located on a major thoroughfare. The building has been extensively renovated for specific use for this business. The exterior is very attractive, especially at night when the exterior lighting highlights the business. Inclusion of the real estate enhances the opportunity for using SBA funding on up to a 25-year basis. As a result, the monthly debt service payments can be lower and there is no pre-payment penalty if paid off early.

Reason For Sale:

Owner wants to pursue other interests

Training & Support:

30 days with Corp., 30 days with owner

Owner Qualifications:

To be approve by franchise

Competition:

Market for the services this business offers can only be stated one way...business is booming. There is a normal amount of competition in the market; demand significantly exceeds supply.

Potential Growth:

Demand for handyman and remodeling services is projected to develop at a healthy CAGR of 16.5% through 2033. The handyman service market is anticipated to reach US$ 1.8 billion by 2033 from an estimated US$ 390.9 million in 2023. According to a global analysis of the handyman services market, the surging growth factors for handyman services continue to exist long after the epidemic.

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LISTING BROKER

Ramon Sanchez-Vinas

Ramon Sanchez-Vinas