Reliable Professional Home & Commercial Repair & Remodeling
A valuable and rare opportunity to own an “in-demand” residential & commercial service company in Silicon Valley, one of the most affluent areas of the entire United States,. All the startup work and expenses have already been completed. All that’s needed is your leadership and innovative local marketing.
You have a stellar opportunity to own and operate an internationally recognized franchise business with all the start-up groundwork already done for you. Unlike buying a new franchise territory, the customers, employees, market presence, and cash flow already exist; you can “hit the ground running.”
This is one of the most affluent areas of the United States on the San Francisco Peninsula. The territory extends from mid-peninsula in the north, through Redwood City, Atherton, Palo Alto, and Mountainview, to Cupertino and San Jose in the south, and Fremont in the East — Silicon Valley.
So, why buy a business with an existing franchise territory rather than a new franchise?
Because all the hard work and start-up investment of time and money are already done for you. The office is established, vehicles and staff are engaged, and customers are generating positive cash flow. These things can take months or years to establish at a cost that could easily exceed $200,000.
What does this Handyman Connection office need to excel to the next level?
Creative, innovative local marketing. The territory includes hundreds of thousands of homes and businesses— the sky is the limit!
Financial Details: Annual sales are approximately $500,000, with gross profit after materials and labor of about 50%. While financial data for this location will be disclosed to a serious buyer, the business is not being sold on the basis of its financial history but rather on the value of its franchise and established territory, market presence, workforce, and customer base.
The Transaction: The seller is open to all reasonable offers and terms. The business is being offered for $199,900, approximately 40% of annual sales, including all assets except accounts receivable, cash-on-hand, leasehold security deposits, and re-saleable inventory. This is for the entire business and the franchise territory — tangible assets: vehicles, tools, apparatus; vendor/supplier resources, customer lists, etc.; sales backlog; good will. It does not include cash, accounts payable, accounts receivable, or security deposits. Materials Inventory (if any) is extra at actual cost. (*Seller is responsible for A/P and payroll through the date of Closing.)
This is not a formal offer to acquire a franchise; that can only be done by a formal Franchise Disclosure Document (FDD) provided to the prospective buyer by the franchisor after a tentative purchase contract has been signed between the buyer and seller/franchisee. Any sale of this Business is subject to the approval and acceptance of the franchisor in compliance with all state and federal laws and regulations.
Exclusive Broker: Tim Cunha, J.D., Cal. DRE #01919755
Note: All data on this business is provided by the Seller for informational purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.
