Established Handyman business with National Brand

Colorado Springs, CO
listing image
Asking Price:$232,000
Established Year:2020
Gross Revenue:$619,000
BUSINESS DESCRIPTION

Established Turnkey Business with well-known Brand

We are the answer to 'Who Do You Call?'

Ace Handyman Services #127 on the Franchise 500 list by Entrepreneur Magazine and #1 in the Handyman Category! In addition, Ace Handyman Services has been ranked as the 24th Fastest Growing Franchises in 2023, according to Entrepreneur Media!
Instead of buying a start-up - this office has already done the work in an established territory. Step into our office and make it your own!

Our franchise concept is a nationally recognized concept that serves the repair, restoration and maintenance needs of both residential and business customers. Business specializes in small – to medium – size jobs covering a wide range of “around-the-house” handyman tasks, repairs, installations and maintenance found on everyone’s to-do lists. By building a base of happy repair customers and selling more to them this business enjoys a high repeat business.

Market Position: This business has taken the traditional handyman business and created a tech-savvy handyman service that offers one-stop shopping for both consumers and businesses, under the credible Ace Hardware brand! Being a part of the ACE Hardware family instills client reassurance that the same service experience you have in the store is the same service experience you will have in your home.

This business has developed systems, documented operations and proprietary technology – including proprietary software that systematically manages estimating, scheduling, marketing, dispatching and numerous other areas – to create a “retailing of services” concept that combines a highly-structured business management model with the hands-on talent of Craftsmen.

While the handyman industry remains highly fragmented with many “mom and pop” operators, this business’ Craftsmen are employees of local franchise owners and have undergone extensive background checks, adhere to a dress code and call customers the evening prior to a job to verify the time of arrival. A consistent Service Path experience and embracing the ACE Way values is what sets us apart. Business has a great reputation and an established website that appears 1st in the area on all search engines.
This is a turnkey profitable business and can be run by the owner or a manager. The Franchise itself has been around since 1998, recently acquired by Ace Hardware in 2019, with a very successful business model where the owner is the executive of the business with the responsibility of running and operating the business.

Ace Handyman Services of Colorado Springs represents a rare opportunity to acquire an established and profitable handyman franchise business that offers all the benefits of a turnkey operation. With systems in place, a nationally recognized brand name, and a growing industry, this business is primed for continued success.


DETAILED INFORMATION
Location
Colorado Springs, CO
Inventory
Included in asking price
Real Estate
Leased
Employees
8
Competition
Market Data: Households: 337,341 Businesses: 21,880 Total Population: 904,017
Growth & Expansion
Commercial expansion opportunities include: Military Installations: United States Air Force Academy Fort Carson Peterson Air Force Base Schriever Space Force Base Cheyenne Mountain Space Force Station FY 2023: $2.6M in Contracts for Handyman Work in El Paso County, per usaspending.gov
Support & Training
Business operations and management training at Support Center headquarters prior to launch and Grand Opening support at your location after launch. Ongoing operational and marketing support provided by the AHS Support Center includes: performance analysis, strategic development, tactical planning, resource allocation and decision-making.
Reason for Selling
Seller looking to retire.
Franchise
This business is an established franchise

BUSINESS LOCATION
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Colette Bell
Ace Handyman
Colette Bell