Intriguing Lake Norman Handyman Franchise Resale

56570 Handyman.jpg
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Building & Construction Businesses for Sale

  • Primary Category: Other Building & Construction Businesses for Sale

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.

Financial Information

  • $250,000 Asking Price
  • $87,500 Cash Flow
  • $789,209 Gross Revenue
  • Yes Financing

Business Location

  • City: Lake Norman of Catawba
  • State: North Carolina

Financing Comments

  • They are open to some seller financing.

Reason for Sale

  • 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.

Detailed information

  • Year Established: 2019
  • Home Based: No
  • Franchise: Yes
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 5
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: No
  • Inventory Value: On request
  • Monthly Rent: $700
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • FF&E Included?: No

Training/Support

  • Seller & Franchise will provide training

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.
Business Listed by
image of Tony Pearl
Tony Pearl
Sunbelt of Charlotte
Email Tony
Show Phone Number
Listing ID
CHARLNC001-56570

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