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Handyman Services Business Valuation Formula: |
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This is a general business valuation formula or method for established small handyman service or repair businesses based on a multiple of the owners annual adjusted net income. | |
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Broker Comments: I have found that handyman businesses that are able to employ 2 to 3 handymen in the field and where the owner basically just manages the business are much easier to sell then 1 man owner/operated businesses. Independent businesses are also generally more attractive to buyers than franchise businesses because their are no royalty fees to be paid or territory restrictions. |
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Note: Always contact and consult with a Business Broker, Business Appraiser, or financial adviser who is familiar with the dynamics of your local market and economy. | |