Price: $830,000
Location: East TN
Industry: Construction
Listing ID: 010142024
Listing Status: New
Handyman Service
Total Sales: $850,000
Cash Flow: $123,132
Accounts Receivable Included: No
FFE: $75,000
FFE Included: Yes
Inventory: $5,000
Inventory Included: Yes
Year Established: 2022
Days & Hours of Operation: 5 days/8 hours
Owner Hours Per Week: 40
Lender Pre-Qualified: Yes
Employees: 6
Managers: 1
Real Estate: $600,000
Real Estate Included: Yes
Type of Location: Road Frontage
Square Footage: 6119
Franchise: Yes
Relocatable: Yes
Facilities Information: The business operates out of a 6,119 square foot commercial building on a 0.30-acre parcel located on a major thoroughfare. The building has been extensively renovated for specific use for this business. The exterior is very attractive, especially at night when the exterior lighting highlights the business. Inclusion of the real estate enhances the opportunity for using SBA funding on up to a 25-year basis. As a result, the monthly debt service payments can be lower and there is no pre-payment penalty if paid off early.
Reason For Sale: Owner wants to pursue other interests
Training & Support: 30 days with Corp., 30 days with owner
Owner Qualifications: To be approve by franchise
Competition: Market for the services this business offers can only be stated one way...business is booming. There is a normal amount of competition in the market; demand significantly exceeds supply.
Potential Growth: Demand for handyman and remodeling services is projected to develop at a healthy CAGR of 16.5% through 2033. The handyman service market is anticipated to reach US$ 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.