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Handyman Services Business Valuation Formula:

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.

Handyman Service Business Valuation Formula: Approximately 2 to 2.25 times the owners annual adjusted net income.

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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