Intriguing Lake Norman Handyman Franchise Resale
Business Description
Here’s a chance to own a business in the coveted home services market. This business offers the opportunity of operating one of the top franchises in the country that provide much needed, high quality repair and maintenance services for residential and commercial properties. You’ll gain access to state of the art technology which pairs perfectly with managerial functions and skilled labor.
There are currently five employees inside the business which include two craftsman, an office manager and two owners.
Key Highlights:
*A Nationally Recognized Brand
*Ranked Best of Best Franchises By Entrepreneur 2024
*Superb territory with plenty of growth opportunities
*The current mix of customers include 85% residential to 15% commercial.
Cash Flow noted was factored using a three year average (2021-2023), EBITDA plus owners salary. In 2023 the owner paid himself $92k in salary.
While this isn’t a one size fits all opportunity for all buyers, this is a great opportunity for any potential business owner who wants to step into ownership with a franchise with a strong brand name.
***A franchise transfer fee, training and background approval process may apply with this franchisor.
There are currently five employees inside the business which include two craftsman, an office manager and two owners.
Key Highlights:
*A Nationally Recognized Brand
*Ranked Best of Best Franchises By Entrepreneur 2024
*Superb territory with plenty of growth opportunities
*The current mix of customers include 85% residential to 15% commercial.
Cash Flow noted was factored using a three year average (2021-2023), EBITDA plus owners salary. In 2023 the owner paid himself $92k in salary.
While this isn’t a one size fits all opportunity for all buyers, this is a great opportunity for any potential business owner who wants to step into ownership with a franchise with a strong brand name.
***A franchise transfer fee, training and background approval process may apply with this franchisor.
About the Business
- Years in Operation
- 6
- Employees
- 5
- Franchise
- This business is an established franchise
- Market Outlook / Competition
- In our estimate this business will command owners who are willing to roll up their sleeves, leverage technology and realize its full potential. If this is you, contact Tony Pearl for more information. According to the business owner their commercial market opportunities are rapidly increasing and in which a new owner would be poised to expand.
- Opportunities for Growth
- The current sellers took over the business in August 2024 from the previous owner who started the business in 2019. A certain change in family matters is causing the partners to shift focus and sell the business.
Real Estate
- Owned or Leased
- Leased
- Rent
- $700.00 per month
About the Sale
- Seller Motivation
- Personal Reasons
- Transition Support
- Seller & Franchise will provide training
- Financing Options
- Seller will consider some financing for a qualified buyer
Listing Info
- ID
- 2337117
- Listing Views
- 401
Listing ID: 2337117 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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