Listing ID: 81406
NEW HANDYMAN FRANCHISE with low franchise fees! One stop shop for all types of handyman services including plumbing, electrical, HVAC, carpentry, and general contracting. Fully licensed and 100% professional. $400 Billion industry is virtually recession proof! SBA financing is available from franchise. New expansion into Nevada (excluding Las Vegas & Henderson). Get in on the ground floor! Large territory size of 1 million people, unlike other franchisors offering territories a fraction of this size. Comprehensive training helps each franchisee become a GREAT operator! EMAIL NOW before it is gone! For the fastest reply to you inquiry, please use this ad’s email reply! For the fastest reply to your inquiry, please use this ad’s email reply or contact Business Broker Edward Smith (RE# BS.0038345.PC; Business Broker Permit# BBP.0000005) at 702-274-7320 or email email@example.com
- Asking Price: $29,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Growing franchise in additional states
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people resolve to sell businesses. Nevertheless, the true reason and the one they tell you may be 2 absolutely different things. For instance, they may state "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these factors stand. However, for some, these may simply be reasons to attempt to hide the reality of transforming demographics, increased competition, recent reduction in incomes, or a variety of other reasons. This is why it is really vital that you not depend completely on a vendor's word, however rather, utilize the seller's response together with your overall due diligence. This will repaint a much more reasonable picture of the business's existing scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Numerous businesses borrow money with the purpose of covering things such as supplies, payroll, accounts payable, and so on. Remember that sometimes this can imply that profit margins are too thin. Lots of businesses fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that need to be fulfilled or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location attract new customers? Often times, operating businesses have repeat clients, which form the core of their everyday earnings. Particular elements such as brand-new competition sprouting up around the area, road building, and personnel turnover can influence repeat customers and adversely influence future profits. One important thing to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business often, the better the opportunity to build a returning consumer base. A last thought is the basic location demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? How might the neighborhood median house earnings effect future revenue potential?