Home Services Business - Absentee Owner Model - $1M Revenue

Business Overview: We are excited to present an exceptional opportunity to acquire a home services business operating under an absentee ownership model. With robust revenue of $1 million in 2023 and an extimated 20% more in 2024, this business is well-positioned for continued growth and success.

Key Highlights:

Established Revenue: Will achieve well over $1M in revenue in 2024. .

Happy Customers and an Outstanding Reputation: Over 100 five-star Google reviews, leading to an impressive 4.9-star rating. Additionally, the business holds an A+ rating with the Better Business Bureau (BBB), reflecting its commitment to quality service and customer satisfaction.

Experienced Management: The business is managed by an outstanding General Manager who also holds a 40% ownership stake ( he invested his own money after working in the business for a year) and operates the day-to-day activities. This structure allows for a semi-absentee ownership model, enabling the majority owner to focus on high-level strategy while benefiting from the manager's expertise and "skin in the game".

Franchisor Support: Strong backing from Horsepower Brands, providing access to extensive resources, marketing tools, and training, particularly through the Mighty Dog Roofing franchise.

Growth Potential: With the current majority owner being totally checked out and uninvolved, there is significant room for a new buyer to enhance marketing efforts, recruit talented sales representatives, and build strong community networks.

Business Potential: This business is primed for growth, especially for a buyer looking to operate under a semi-absentee model. With the General Manager (pictured) already in place, you can step into a role focused on strategy and expansion, while day-to-day operations are managed effectively.

Flexible Ownership Structure: You have the option to purchase some or all of the General Manager’s 40% stake, providing flexibility based on your investment strategy. Alternatively, you can allow him to retain his share, ensuring continuity and commitment in the management team.

Ideal Buyer Profile: The perfect buyer will bring experience in:

Marketing: Implementing targeted marketing strategies to enhance brand visibility and attract new customers.

Sales Recruitment: Building a team of high-performing sales representatives to maximize service outreach and customer acquisition.

Community Networking: Establishing relationships within the community to drive referrals and foster goodwill.

Conclusion: This is a unique opportunity to acquire a well-positioned home services business with good financials, an exceptional reputation, and a semi-absentee ownership model. With the backing of Horsepower Brands and a dedicated management team, you can take this business to new heights. If you are interested in exploring this opportunity further, please reach out to discuss the next steps.