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Location: Fairfield County, Connecticut (re-locatable)
Primary Category: Services - Miscellaneous Repair
Secondary Category: Services - Other Miscellaneous services
Your Reference ID: 393
Financial Information
Asking: $75,000
Gross: 90,000
Cash Flow: $40,000
Summary Description
Franchised handyman service. All work is subcontracted out. Owner is responsible for marketing and booking the contractors. 15 subcontractors identified. Owner will pay transfer fee to franchisor. The numbers are simple; 50% goes to the contractor, 1% for insurance, and 5% to franchise, leaving a 46% gross margin, or as currently set up (no advertising, home based) about a 44% net margin.
General Information
Facilities (Home Based): Home based franchise
Growth and Expansion: Fire up the advertising. This business has grossed 300k in the past
Support/Training: as required
Reason Selling: go corporate
Year Established: 2004
Employees: Owner
Contact Information
Contact: Steve Lovas
Phone: 914 552 0888
Email: slovas@chandalar.com