This home repair business is a franchise with a rapidly growing company with a very well known brand. They are a residential and commercial handy man home repair services company. They have a phenomenal franchise business model that boasts above average margins compared to other similar light construction businesses. The current owner’s exclusive franchise territory is located in an affluent area that is in a very densely populated part of North New Jersey. There is Always a ton of work to be done and plenty of discretionary dollar’s in the area to pay for it. The current owner and his staff have done a phenomenal job of marketing and building a deep seated connection with customers whom request their services regularly. They have a great reputation since beginning operations 2.5 short years ago. This business has built an extremely solid book/database of 4,000+ sold and unsold customers. They have been growing every year in top and bottom line revenue since inception.
This construction company has immaculate books and records and is SBA Pre-Qualified**. Seller Financing also a possibility. The current owner is Very motivated to sell due to unexpected hard ships in his personal life.
This business franchise does many light duty home repairs and remodels such as:
- Blinds/Curtain Installation
- Commercial Services
- Drywall Installation/Repair
- Fence/Gate Repair
- Home Exterior Repairs
- Mailbox Installation
- Bathroom Repair/Remodeling
- Deck Repair/Maintenance
- Electrical Work
- Grab Bars/Accessibility Installations
- Kitchen Repairs
- Window Installation/Repair
- Basement Maintenance
- Door Installation/Repair
- Energy Savings
- Gutter Cleaning/Repair
- Lighting Fixtures
- Product Assembly
NOW for those of you who aren’t the most handy or lack the skills you think you need to do this, I have got some Great news for you…. You Don’t! This business is currently run semi-passively by an owner whom had zero construction experience prior to buying this and currently works another full time job as an engineer. The beautiful thing about this home repair business is that anyone can own it and make money without ever having to get their hands dirty. If you have good business acumen, are ambitious, and good at marketing & managing people then this business is for you.
The seller’s approximate start up costs for this home repair franchise were $210,000. And that was without a single customer in his database to start!!. Now there are over 4,000 and counting. We are selling this business for much less than he paid. Again he had zero customers, you will 4000+ potential customers. It is terrible situation for him to have to sell it now, right as it is starting to get really good. But “life has showed up” and is basically forcing him to dump it. However, it is a great situation for You the buyer. In fact, sudden turmoil, illness, or tragedy is what savvy buyers look for when prospecting for a business and unfortunately this is what’s happening here with our client. If you are looking to find a DEAL for a business with growth potential, proven profitability, great staff, and runs like a well oiled machine then you really should jump on this listing NOW!!
“Buy Low and Sell High”- Warren Buffet
For more information please contact Cody Weaver Business Acquisition Experts – Business Brokers at (646)737-5273
Total Sales: $1,200,000
Cash Flow: $310,000
FFE: $10,000 (Included in Price)
Inventory: $10,000 (Included in Price)
Lender Pre-Qualified?: Yes
House Doctors, Inc
Reason For Sale:
Familial health problems and stress. Owner also works full time as an engineer
Training & Support:
Yes very extensive Franchisor training included. Seller will help new owner transition as well to insure success.
Year Established: 2015
Owner Hours Per Week: 20
Type of Location: Office Building
Square Footage: 800
The vast majority of other company franchisee's have home based operations. This business has a small office that can be assigned to the new buyer if they choose. If not, it can be relocated.
Competition is limited to mostly independent handymen and other very small “mom and pop” operations. The franchise branding, industry exposure, online presence, and overall appearance of this business put’s them far above their competition.
Seller and SBA Financing Available