Handyman Company Nets $49k
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $102000
Net Profit / Cash Flow $49000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1998
Number of Employees 1 - 3
Inventory $100,000 equipment & 1$,000 inventory.
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training The owner will remain post closing for forty five days to supply an appropriate training and transitional period.
Reason for Sale Retiring after many years of success in this service industry.
Description Fifteen year old residential handyman company nets $50,000 and priced to sell at one year the profit of $50,000 with excellent owner financing. The business is located in Northern New Jersey, Passaic County.
The owner is retiring after many years of success and the sale includes various tools required to maintain this particular business. The sale includes the company telephone number representing fifteen years of customer contact and a valuable New Jersey state license to conduct business.
Based on the asking price, required down payment and yearly net income, this business expect to supply a 70% investment return to the owner operator. Due to the type of business no particular business location is required and the owner functions out of his home in a private office and all storage is in his outdoor storage. The business is located in Northern New Jersey of Passaic County New Jersey and the majority of his customer base is in Passaic and Bergen County, New Jersey.
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