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Established Home Repair & Handyman Business, Chattanooga, Tennessee For Sale

Chattanooga, Tennessee, US
Asking Price:
$99,000
Sales Revenue:
$125,000
Cash Flow:
$35,957

- Home Repair and Improvements

- This business can do up to $25,000 on any one job in most trades without a license

- 15 Years serving a large middle TN City

- Doing most skilled trades including electrical & plumbing

- 120+ positive rating on Angi

- My business focus is doing quality work at affordable prices

- Average 100 jobs a year completed for a 2 man crew (Currently only working part time as I'm nearing retirement age)

- Jobs can be as little as an hour or up to 2 weeks to complete

- Interior and exterior work

- No dirt work, yard work or assembly work. These could easily be added to your business as I get many requests for this type work

- I currently turn down about 80% of the leads I receive do to timing issues or work I don't want to do anymore

- The business could easily expand 3 or 4 fold or more by using additional crews

- You are buying my company name, company logo, good will, client list, email list, Angi, Yellow Pages & Google advertising

- Some equipment could be purchased at an additional price

- Office is in my home so no office equipment or physical location is for sale

- Current minimum service charge is $95 for 90 minutes

- Additional labor charges vary depending on the work being done

- Many jobs are estimated and are piece work which can raise the hourly labor rate

- Most jobs are labor plus materials with a mark up for materials added

- All estimates are done using a detailed report so changing an estimate is easy to do when it comes time to invoice the customer

- I'm willing to consulate with the new owner on a as needed basis for up to 6 months if your not well versed in the building trades industry

Property Information

Location:

Chattanooga, Tn

Premises Details:

Operated from Home

Business Operation

Expansion Potential:

Expansion depends on what a new owner wants to grow to. I believe you could easily double or quadruple the business. It could grow even larger with a builders or home improvement license, electrical or plumbing license. Fast growing area, over 2000 condos alone have been built in the last few years. A service area that includes 4 counties from a central location, a radius us about 30 miles. Many homes that are needing updating and repairs. Many new home owners that want to update before moving in.

Competition / Market:

Several franchise handyman services and private handyman business in the area. But not enough to cover all the work being requested. I provide quality work, affordable prices, sticking with a job from start to finish, educating my customers even when I'm not going to be doing the work

Reasons for selling:

Retiring. My son now has Parkinson's and isn't able to run the business

Trading hours:

9-5 weekdays
Weekends & after hours when needed

Employees:
Just myself
Years established:
15 years

Other Information

Support & training:

I can provide up to 6 month of support on an as needed basis. In running the business, hiring, estimating work

Website:
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Home based:
This business can be run from home.
Relocatable:
This business can be relocated.