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Handyman Business Plan (FixRight Home Repair Services)

Table of Contents

    Executive Summary

    FixRight Home Repair Services is a single-owner LLC specializing in handyman services, owned and operated by Owen Harrington. It’s based in the Hillsboro–West End corridor of Nashville, Tennessee. The business handles residential and small-office repairs, installations, and ongoing maintenance tasks. The workflow is built around what one skilled technician can complete each day, with attention placed on quick scheduling, clear communication, and steady turnaround rather than high-volume job counts.

    The service model combines modern booking systems, real-time communication, and a broad repair skill set drawn from more than a decade of apartment maintenance work. This mix allows the owner to cover a wider range of repair categories while maintaining dependable response times and consistent job quality.

    Startup Funding

    Funding supports the purchase of a service van, tools, insurance, brand setup, software, and working capital for the first 45 days.

    Source Amount
    PNC Bank Service Business Loan $30,000
    Owner Equity $8,000
    Total Funding $38,000

    This capital covers the used 2019 Ford Transit Connect, Milwaukee and Dewalt tool sets, insurance, city licensing, van wrap, Jobber software, launch marketing, and sufficient working capital to maintain stable operations through the early months.

    Market Opportunity

    FixRight Home Repair Services operates in a market supported by aging housing stock, steady rental turnover, and limited availability of contractors willing to handle small, time-sensitive repair work. In Davidson County, many homes require ongoing maintenance, while landlords and homeowners increasingly prefer fast, clearly priced service over large renovation projects. These conditions create consistent demand for a schedule-driven handyman business focused on short-duration repairs and repeat service relationships.

    Owner & Management

    FixRight Home Repair Services is fully owned by Owen Harrington, who spent 12 years maintaining more than 260 residential units for a regional property group.

    This experience gives him the ability to:

    • Quote accurately and stay within scope
    • Document each job with clear notes and photos
    • Maintain consistent workmanship across varied repair types
    • Provide communication habits that ease customer concerns

    A part-time helper in Year 1 handles material runs, lifting, and simple tasks. This reduces downtime and supports more billable hours each week.

    Financial Outlook

    Projected growth reflects gains in scheduling consistency, quicker job turnover, and the gradual rise of recurring work from landlords and maintenance plan subscribers.

    Category Year 1 ($) Year 2 ($) Year 3 ($)
    Revenue 143,000 179,000 215,000
    EBITDA 48,980 75,940 100,900

    FixRight reaches break-even at approximately $6,200 per month, achieved within 5-7 months of operation at an average of 1.8 billable jobs per day.

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    Business Overview

    FixRight Home Repair Services operates from a leased office and dispatch base in the Hillsboro–West End corridor of Nashville, Tennessee. The location provides easy access to dense residential neighborhoods, older homes requiring recurring repairs, and a growing rental market reliant on fast turnaround work. This positioning reduces travel time between jobs, which is key to FixRight’s schedule-driven approach.

    Category Details
    Address 1428 Briarwood Circle, Suite B, Nashville, Tennessee 37212
    Zoning Local commercial use suitable for service businesses
    Access Near older single-family homes, condos, rental clusters, and small offices
    Work Areas Tool storage, van loading zone, parts, and materials shelving
    Client Areas Small administrative office for scheduling, documentation, and estimates
    Logistics On-site parking, space for van staging, easy access to main corridors for routing
    Utilities Connected to city power, water, and waste services
    Build-Out Work Storage shelving, safety setups, van loading workflow, signage installation
    Compliance Meets insurance requirements and Nashville business-use expectations
    Lease Terms Fully insured lease with long-term renewal options to support steady operations

    Legal & Operating Framework

    FixRight Home Repair Services is registered as a Tennessee LLC, offering full control to the owner while separating personal liability from business obligations. The office and staging area support daily routing, material prep, and documentation for residential and small-office jobs.

    Supply and Service Support

    FixRight partners with local and national suppliers to maintain service quality:

    • Home Depot and Lowe’s supply plumbing, electrical, and hardware materials.
    • Milwaukee M18 and Dewalt 20V tool systems with replacement parts.
    • Square Terminal for payments and invoices.
    • Jobber for scheduling, routing, and invoice management.
    • A local insurance provider ensures liability and bonding coverage.
    • A CPA manages bookkeeping and financial reporting.

    These partnerships allow the owner to focus on repairs while ensuring smooth operations and compliance.

    Business Goals

    FixRight Home Repair Services is built around practical operating targets tied to daily scheduling, repeat work, and cost control. The primary objectives include:

    • Keep the daily schedule full with clearly scoped jobs while avoiding gaps between service visits
    • Convert first-time homeowners, landlords, and property managers into repeat clients through consistent turnaround and documentation
    • Increase maintenance plan sign-ups to create a steady base of recurring work alongside one-time repairs
    • Deliver consistent workmanship by limiting job types to a defined handyman scope and documenting every visit with photos and notes
    • Control overhead by keeping staffing lean, sourcing materials in advance, and avoiding low-margin or poorly defined work

    These goals guide how jobs are accepted, priced, scheduled, and completed, ensuring the business grows steadily without sacrificing reliability or profitability.

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    Market Analysis

    Local Market Conditions

    Several forces support a steady demand for small repair and maintenance work in the Nashville urban core:

    (1) Aging housing inventory

    More than 40% of homes in Davidson County are older than 30 years. Aging structures generate ongoing needs: Plumbing leaks, fixture replacements, drywall patching, outlet and switch work, door repairs, and appliance installs.

    (2) Growth in rental turnover

    Nashville’s rental volume continues to climb, and landlords require fast fixes between tenants. Small repairs, punch-list items, and safety checks are frequent and time-sensitive.

    (3) Limited availability of responsive repair providers

    Larger contractors prefer full remodels or multi-day work, leaving residents and small offices without timely support for minor repairs.

    These conditions create an environment where a focused, fast-response handyman business can maintain a steady job pipeline across repeat residential clients, property managers, and small offices.

    Additional housing market indicators also show ongoing repair activity tied to property transactions. As of October 2025, Nashville home prices were down by 2.2% compared to last year, with a median sale price of $459,500.

    Limited availability of responsive repair providers

    Also, this report shows that homes sold after an average of 76 days on the market, compared to 61 days last year, and monthly sales increased from 675 to 736 units. This level of activity contributes to recurring pre-sale touch-ups and small fixes associated with home turnover.

    Customers Served

    FixRight consistently serves five customer groups:

    Segment What They Buy Why They Choose FixRight Instead of Larger Contractors
    Homeowners Fixture replacements, drywall repair, minor plumbing and electrical, TV mounting Larger firms avoid small jobs; homeowners want fast scheduling and clear pricing
    Busy professionals Punch-list repairs, installations, small fixes They need dependable arrival times and predictable visit lengths
    Senior residents Safety updates, grab bars, step repairs, lighting fixes They prefer a trusted technician with patient communication skills
    Landlords & property managers Turnover fixes, patchwork, locks, seasonal checks They want fast turnaround, photo documentation, and repeatability
    Small offices Light repairs, fixtures, shelving, and maintenance checks They need a single contact for ongoing upkeep
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    Competitive Landscape and Positioning

    The handyman service market in Nashville is diverse and fragmented. It includes a mix of independent handymen, larger contractor-based services, and small franchises focused on both residential and light commercial work. This fragmentation leads to a wide variation in service pricing, quality, and customer experience.

    For homeowners, property managers, and small offices, this variety often leads to confusion. Options range from small independent handymen who may lack reliability to franchises or contractors with high service fees and slow scheduling. FixRight Home Repair Services is set up to fill this gap by providing fast, dependable repairs with clear pricing, without the higher prices and long wait times common with larger contractors.

    Primary Competitor Categories

    Independent solo handymen are direct competitors, while franchise handyman services and full-service contractors are indirect competitors due to differences in pricing structure, response time, and job scope.

    Independent Solo Handymen

    Independent handymen often offer services on a casual basis, typically at lower rates, but tend to suffer from:

    • Unclear service boundaries
    • Inconsistent work quality
    • Limited availability

    FixRight differentiates itself by offering fixed pricing, clear service scope, and reliable scheduling with text-based updates, ensuring customer trust and repeat business.

    Franchise Handyman Services

    Franchise services offer brand recognition but often come with:

    • High service costs due to franchise fees and overhead
    • Longer wait times for service due to increased demand
    • Limited service flexibility, with a one-size-fits-all approach

    We do not consider franchise handyman services our primary competition. While franchises operate in the market, many homeowners and landlords prefer local, independent providers for routine repairs because of faster response times, clearer communication, and greater flexibility.

    We focus on reliable scheduling, straightforward pricing, and owner-led service without the added costs or delays of a franchise model.

    Full-Service Contractors

    Larger contractors focus on large-scale renovations and remodels. They generally provide:

    • High project fees based on the scope of work
    • Long job timelines
    • Focus on multi-day projects rather than quick repairs

    FixRight competes by specializing in smaller, quicker jobs with predictable pricing, targeting a market of customers who need immediate, smaller repairs rather than full-scale construction projects.

    Positioning Strategy

    FixRight Home Repair Services is set up as a fast, dependable handyman service with clear pricing. It serves homeowners, small offices, and landlords.

    The business focuses on:

    • Same-day or next-day scheduling to shorten wait times
    • Clear pricing shared upfront with no surprise charges
    • Hands-on experience with older homes and repeat repair issues
    • Maintenance plans made for landlords and property managers

    This position fits customers who want repairs done quickly and correctly, without the higher costs or long delays often seen with large contractors or franchise services.

    Pricing and Value Perception

    The pricing structure is designed to stay affordable for middle-income households while reflecting real repair experience. FixRight offers:

    • Affordable pricing for common repair work
    • Clear costs with no hourly billing or hidden fees
    • Maintenance plans for ongoing repair and upkeep needs

    Customers value the service not only for price and speed, but also for clear updates and dependable results. For FixRight, this pricing approach supports steady scheduling and predictable revenue over time.

    Competitive Advantages

    FixRight’s strengths are based on simple operations, steady service, and efficient daily work. Here’s where it stands out:

    • Lower overhead costs give the business flexibility and allow pricing to stay competitive.
    • Owner-led service delivery keeps job quality consistent and ensures customers deal with the same technician each visit.
    • Clear service limits prevent the business from taking on unsuitable work and help maintain quality across defined job types.
    • Strong experience with older homes supports recurring repair and maintenance needs that many competitors do not focus on.

    These strengths help FixRight maintain a defensible position in a competitive market without relying on price cuts or rapid expansion.

    FixRight Home Repair Services is not built to dominate the market, but to serve a defined group of homeowners, landlords, and small businesses that need dependable, fairly priced, and timely handyman services.

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    Service Overview

    The services below represent FixRight’s primary day-to-day repair work.

    Service Category Typical Price Range Notes
    Minor Electrical Work $85–140 Switches, outlets, and lighting swaps are within a handyman’s scope
    Plumbing Fixes $90–160 Leaks, faucet installs, and toilet repairs within allowed limits
    Drywall Repair $120–280 Patching, hole repair, sanding, paint-ready finishing
    Door and Lock Repairs $75–130 Hinges, strikes, locksets, and sticking doors
    TV Mounting $120–165 Wall mounting, cable routing, and hardware installation
    Furniture Assembly $75–140 Flat-pack furniture, shelving units
    Appliance Installation $140–220 Dishwashers, microwaves, and vent hoods
    Seasonal Maintenance Checks $95–145 Safety checks, minor fixes, filter replacements

    Each job includes a clear estimate, scope confirmation through Jobber, and before-and-after photo documentation at completion.

    Service Plans

    Our affordable service plans define optional recurring maintenance visit schedules by frequency and service level.

    Handyman business plan service plans

    Plans reduce emergency calls and support steady upkeep for older properties.

    Landlord and Trade Services

    Local landlords and rental operators rely on consistent turnaround and clear documentation for tenant readiness.

    Service Billing Model Typical Use
    Turnover Repair Packages Per visit Patching, fixture swaps, lock checks, and minor plumbing
    Recurring Maintenance Per plan or per month Scheduled upkeep for multi-unit properties
    Safety Updates Per job Smoke detectors, loose rails, and lighting fixes
    Small-Office Repairs Hourly or per task Shelving, fixtures, minor electrical, and drywall patches

    These services give property managers predictable scheduling and complete photo records for their files.

    Specialty Services

    These offerings strengthen margins and help maintain steady work across slower periods.

    Service Typical Price Role
    Home Safety Assessment Included with select jobs Identifies small issues before they become urgent
    After-Hours Service +30% Support from 6 PM to 10 PM
    Emergency Call-Out +45 dollars Same-day priority visits
    Material Sourcing At cost + markup Customer-approved parts for repairs
    Hardware Upgrades Varies Premium fixtures, faucets, and lighting

    These add-ons give customers flexible options and reduce the risk of return visits.

    Client Support Add-ons

    FixRight includes several communication and documentation steps to keep the repair process clear and reassuring for customers.

    • Scope confirmation through photos before scheduling
    • Text-based arrival updates and two-hour service windows
    • Before-and-after photos for every job
    • Notes for future repairs or maintenance needs
    • Simple estimates and invoices sent digitally
    • Priority scheduling for maintenance plan members

    These extras help customers understand the work, stay informed during visits, and maintain long-term trust in the service.

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    Marketing & Sales Approach

    Marketing Strategy

    FixRight uses a focused, low-cost channel mix designed for a one-owner handyman operation serving local homeowners, landlords, and small offices.

    Google Local Search and Maps – 40%

    Most customers discover FixRight while searching for nearby repair services, appliance installs, or small home fixes. An active Google Business Profile with updated hours, service photos, and recent reviews supports consistent inbound demand.

    Yelp and Local Directories – 20%

    Yelp and neighborhood directories provide secondary visibility, particularly for renters and property managers seeking vetted service providers. Accurate listings and prompt responses support conversion.

    Neighborhood Referrals and Facebook Groups – 20%

    Local Facebook groups and neighborhood forums generate word-of-mouth leads. Homeowners frequently request recommendations for small repairs, creating organic referral opportunities without paid spend.

    Property Manager Outreach – 15%

    Direct outreach to property managers and rental operators supports recurring turnover and maintenance work. Clear service scope, documentation, and response reliability drive repeat use.

    Light Social Media Presence – 5%

    Before-and-after photos and short repair clips are shared occasionally to reinforce credibility, but social media is not relied on as a primary lead source.

    This mix reflects how local customers typically search for and select handyman services, with emphasis on intent-driven discovery rather than broad awareness campaigns.

    Customer Acquisition Tactics

    Customer acquisition relies on practical, trust-based triggers rather than promotions:

    • Clear service listings tied to specific repair categories
    • Fast response to inquiries and quote requests
    • Consistent photo documentation of completed work
    • Review requests after successful jobs
    • Repeat scheduling reminders for maintenance-plan clients

    These tactics support steady inbound volume without requiring ongoing advertising management.

    Launch and Early Visibility

    During the launch phase, FixRight Home Repair Services follows a step-by-step visibility sequence that begins with accurate local listings and builds toward repeat service demand.

    Handyman business plan launch and early visibility

    The goal is to attract correctly scoped jobs early and avoid price-sensitive or unsuitable work.

    Advertising and Marketing Spend

    Marketing spend remains modest and targeted, with emphasis on local discovery rather than broad reach:

    • Profile management for Google Local and directories
    • No long-term paid advertising commitments in Year 1
    • Occasional boosted posts or listing enhancements as needed

    This approach limits overhead while maintaining consistent lead flow.

    Sales Drivers

    Sales are driven by:

    • Predictable daily job volume from small residential repairs
    • Repeat service from landlords and property managers
    • Maintenance plan visits that stabilize scheduling
    • Add-on services identified during on-site work

    The model prioritizes steady throughout and controlled scope over high-volume or low-margin work.

    Property Manager Partnerships

    Property managers and rental operators require fast, repeatable repair support between tenant turnovers and during ongoing occupancy. FixRight supports these needs by handling small, time-sensitive repairs with clear documentation and consistent response times.

    Type of Work What FixRight Provides
    Turnover repairs Fast completion of punch-list items such as drywall patches, fixture replacements, and minor fixes between tenants
    Minor plumbing and electrical Within-scope repairs completed quickly to meet move-in readiness requirements
    Photo documentation Before-and-after photos and job notes for property records and tenant files
    Ongoing maintenance Repeat service for recurring issues without the need to re-onboard new vendors

    This structure allows property managers to rely on a single service provider for small repairs, reducing delays, coordination effort, and unit downtime.

    Seasonal Service Offers

    Seasonal services are used to smooth demand and fill slower periods:

    • Gutter cleaning during fall and spring
    • Winter safety checks and small interior repairs
    • Bundled small-fix services during slower months

    These offerings help maintain consistent weekly scheduling.

    Workload Breakdown

    FixRight maintains a balanced workload across homeowners, landlords, and small-business clients. Maintenance plans and repeat service relationships support predictable month-to-month demand while allowing flexibility for one-time repair requests.

    Operations Plan

    FixRight Home Repair Services runs as a schedule-driven handyman operation with a steady workflow of residential repairs, small-office fixes, installation jobs, and recurring maintenance-plan visits. The objective is to keep daily routing predictable, maintain consistent workmanship, and protect cash flow by avoiding idle time between appointments.

    How FixRight Works

    FixRight is designed for a single technician and a part-time helper. The business follows a job sequencing and scheduling model that avoids overbooking or idle time.

    Stage What Happens Why It Matters
    Intake & Assessment Customers send photos or describe issues; scope is defined in Jobber. Filters unclear requests and prevents scope creep.
    Scheduling Jobs placed into two-hour arrival windows with text updates. Keeps travel time predictable and reduces customer wait times.
    Material Prep Common parts stocked in the van; specialty items sourced beforehand. Reduces delays and return trips during the job.
    On-Site Repair Plumbing, electrical, drywall, fixtures, and installs completed. Maintains consistent workmanship and visit durations.
    Documentation Before and after photos taken; invoices sent via Jobber. Builds trust, reduces disputes, and creates a record for repeat clients.
    Follow-Up Notes recorded for future repairs or recurring issues. Supports maintenance plans and long-term client retention.

    This workflow supports a mix of one-time repairs, property manager turnover work, and maintenance plan visits.

    Quality Control

    Every visit includes photo documentation, confirmation of completed tasks, and recorded notes in Jobber. Electrical and plumbing tasks are kept strictly within Tennessee’s handyman allowances. Tools and materials are checked during morning prep to reduce mid-day delays.

    Material and Cost Control

    Materials for each job are sourced ahead of time, with receipts and parts tracked in Jobber. Deposits for larger installs cover material costs. Costs, margins, and labor time are reviewed daily to maintain a stable cash flow.

    The owner manages repair work, customer communication, scheduling, and supplier trips. Small tasks, seasonal checks, and maintenance-plan visits fill gaps between larger jobs to keep the weekly workflow full.

    Hours of Operation

    FixRight operates with a service schedule built around predictable communication and consistent on-site work.

    Day Hours Notes
    Mon–Sat 8:00 AM to 6:00 PM Repair visits, installs, and customer calls
    After-hours 6:00 PM to 10:00 PM Emergency visits at a premium rate
    Sunday Closed

    Seasonal checks and multi-room fixes are planned early in the day to prevent spillover into peak hours.

    Facility Overview

    The office and staging area provide the physical space for storage, paperwork, and daily van preparation.

    Zone Function Notes
    Tool & Supply Storage Hardware, plumbing parts, electrical supplies, drywall kits Shelving arranged by job type for quick restock
    Van Staging Area Daily load-out and inventory checks Positioned for fast entry/exit to reduce morning prep time
    Small Office Scheduling, quotes, calls, vendor receipts Quiet area separated from loading activities
    Safety & PPE Station Gloves, masks, knee pads, eye protection Accessible during morning and end-of-day checks

    Workspace Setup

    The office and staging space are structured to reduce search time, material trips, and daily setup hours.

    Material Flow Efficiency

    Parts and supplies move from storage shelves directly into the service van during morning prep. Common repair materials are stocked at chest height for fast access, and specialty items are grouped to minimize searching.

    Straight-Line Preparation

    The van is loaded in the same order each day: plumbing totes, electrical kits, drywall supplies, hardware bins, fasteners, and hand tools. This standard layout reduces forgotten materials and repeat trips to suppliers.

    Noise and Safety Separation

    Tool handling and van prep occur in the rear section of the unit, while the front office remains quiet for customer calls and invoicing.

    Dedicated Safety Zone

    Protective gear and first-aid materials are stored in one station so the owner can quickly gear up for crawlspaces, attic work, and minor demolition tasks.

    Efficient Storage Design

    • Vertical shelving for tools and totes
    • Hooks and racks for ladders and extension cords
    • Labeled bins for plumbing, electrical, and hardware supplies

    This layout keeps operations organized, reduces downtime between calls, and supports reliable same-day or next-day scheduling.

    Safety & Compliance Plan

    FixRight maintains safety measures to keep field operations compliant, predictable, and low-risk.

    • Liability insurance, bonding, and business licensing are kept current
    • PPE required for electrical, plumbing, and drywall tasks
    • Tools are inspected weekly for cord wear, bit damage, and battery condition
    • Ladders checked for stability and safe weight ratings
    • All work stays within the Tennessee handyman scope for electrical and plumbing tasks
    • Photo documentation for every job to reduce disputes and improve warranty practices

    Chemical products are stored in sealed containers per manufacturer guidance. Vehicles are stocked with a first aid kit, gloves, goggles, and respirators to support safe on-site work conditions.

    These measures protect both customers and the business while reducing the likelihood of callbacks or safety incidents.

    Technology Integration

    FixRight uses practical digital tools to support quoting accuracy, scheduling, and financial tracking without adding unnecessary complexity.

    Scheduling & Workflow

    This image explains how Jobber, a service business management tool, streamlines the scheduling, routing, and job completion process for handyman businesses. It offers a complete solution to manage operations, from scheduling appointments to sending follow-up messages.

    Handyman business plan scheduling and workflow

    Inventory & Material Tracking

    A simple digital log tracks:

    • Plumbing and electrical parts
    • Drywall materials
    • Common hardware
    • Replacement stock levels

    This helps the owner plan supply runs and avoid mid-day shortages.

    Accounting & Reporting

    Square Terminal handles payments, while QuickBooks manages invoices, expenses, tax records, and cash flow summaries. A CPA reviews the bookings monthly for clean lender reporting.

    Equipment & Vehicle Logs

    Service records for tools and the Ford Transit Connect are stored digitally, including inspection dates, maintenance history, and repair notes. These logs are reviewed regularly to plan servicing, track wear, and prevent unexpected equipment or vehicle downtime during scheduled jobs.

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    Financial Plan

    The financial plan reflects FixRight’s updated startup funding, cost structure, and three-year performance outlook. Because the business builds its customer base during the first year and absorbs initial vehicle and equipment expenses, early profitability remains moderate.

    With fixed monthly costs of approximately $4,020 and a break-even point of about $6,200 per month, the business reaches break-even within the first 6 to 7 months of operation.

    Once steady scheduling is established, recurring landlord work and maintenance plan subscribers strengthen workflow consistency and support continued gains through Year 2 and Year 3.

    Startup Costs

    FixRight requires $38,000 to cover startup costs, including the service van, tools, insurance, branding, software, licensing, marketing launch, and 45 days of working capital.

    Category Cost (USD)
    Used Service Van 16,500
    Tools and Equipment 8,500
    Insurance (Initial) 2,500
    Branding and Van Graphics 2,000
    Jobber (Annual) 600
    Licensing and Permits 500
    Marketing Launch 1,400
    Working Capital (45 days) 6,000
    Total Startup Costs 38,000

    Handyman business plan startup costs

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    Funding Structure

    Total available funding of $38,000 provides coverage for startup costs and maintains an opening cash buffer during early operations.

    Source Amount ($) Notes
    PNC Bank Service Business Loan 30,000 5-year term, 10.3 percent fixed rate
    Owner Equity Contribution 8,000 Cash invested by owner
    Total Funding Available 38,000 Covers startup costs and opening cash reserve

    Owner equity reflects personal cash contribution and pre-launch expenses already incurred for tools, licensing, and setup.

    Loan Terms (Proposed)

    Type: Used vehicle and equipment loan
    Lender: PNC Bank – Nashville West End Branch
    Amount: 30,000
    Term: 5 years
    Interest Rate: 10.3 percent
    Collateral: Service van, tools, equipment
    Guarantee: Personal guarantee from the owner

    This structure provides the business with enough runway to cover startup purchases, maintain working capital, and support its early customer acquisition period.

    Important Assumptions

    Revenue mix: Repairs, installations, light plumbing and electrical work, drywall, turnover services, and maintenance plans.

    • Average job size: 135 dollars
    • Daily volume: 3–4 billable jobs in Year 1, increasing in later years
    • Material cost share: ~14 percent of revenue
    • Direct labor costs included in COGS: owner labor + helper labor
    • Operating expenses include: insurance, tools, fuel, software, marketing, admin support, and general overhead
    • Break-even point: ~6,200 dollars per month
    • Loan terms applied: 30,000 at 10.3 percent for 5 years

    Revenue Assumptions

    Item Value
    Average Ticket Size 135 dollars
    Jobs per Day (Year 1 Avg) 3.5
    Working Days per Month 26
    Maintenance Plan Revenue (Year 1) 8,000
    Revenue Growth +25 percent Year 2, +20 percent Year 3
    Year 1 Revenue 143,000
    Year 2 Revenue 179,000
    Year 3 Revenue 215,000

    Handyman business plan revenue assumptions

    Year 1 revenue reflects a ramp-up period, with average daily job volume below the stabilized 3.5 jobs per day during the first several months of operation.

    Cost of Goods Sold (Owner Labor Included)

    COGS includes all labor needed to complete jobs.

    COGS Category Year 1 Year 2 Year 3
    Materials (14% of revenue) 20,020 25,060 30,100
    Owner Labor (Economic Cost) 30,000 32,000 34,000
    Helper Labor 10,000 12,000 14,000
    Total COGS 60,020 69,060 78,100

    Operating Expenses

    Operating Expense Year 1 Year 2 Year 3
    Insurance 3,200 3,400 3,600
    Fuel and Van Costs 7,200 7,500 7,800
    Marketing 7,200 7,200 7,200
    Software (Jobber, Square) 1,400 1,500 1,600
    Admin / Dispatcher PT 7,500 7,500 7,500
    Tools, Replacements, Consumables 5,000 5,200 5,400
    Misc Office / Admin 2,500 2,700 2,900
    Total Operating Expenses 34,000 34,000 36,000

    Note: Total operating expenses remain flat in Years 1 and 2 due to a stable staffing structure, fixed software and marketing costs, and controlled overhead. Modest increases beginning in Year 3 are driven by fuel, insurance, and consumable cost adjustments.

    Handyman business plan operating expenses

    Profit and Loss (P&L) Statement

    Category Year 1 ($) Year 2 ($) Year 3 ($)
    Revenue 143,000 179,000 215,000
    COGS 60,020 69,060 78,100
    Gross Profit 82,980 109,940 136,900
    Operating Expenses 34,000 34,000 36,000
    EBITDA 48,980 75,940 100,900
    Depreciation 3,800 3,800 3,800
    Interest Expense 2,450 1,650 800
    Net Income Before Tax 42,730 70,490 96,300
    Estimated Taxes 6,400 10,600 14,400
    Net Income 36,330 59,890 81,900
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    Cash Flow Statement

    Category Year 1 ($) Year 2 ($) Year 3 ($)
    Net Income 36,330 59,890 81,900
    Depreciation 3,800 3,800 3,800
    Change in A/R -2,000 -500 -500
    Change in Inventory -1,000 -200 -200
    Change in A/P 2,500 500 500
    Net Cash from Operations 39,630 63,490 85,500
    Capital Expenditures -23,000 -2,000 -2,000
    Net Cash from Investing -23,000 -2,000 -2,000
    Loan Proceeds 30,000
    Loan Payments -7,200 -7,200 -7,200
    Owner Equity Contribution 8,000
    Net Cash from Financing 30,800 -7,200 -7,200
    Net Cash Flow 47,430 54,290 76,300

    Handyman business plan cash flow statement

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    Balance Sheet

    Asset Year 1 ($) Year 2 ($) Year 3 ($)
    Cash 24,430 78,720 155,020
    Accounts Receivable 2,000 2,500 3,000
    Inventory 1,500 1,700 1,900
    Prepaid Expenses 1,000 1,000 1,000
    Van & Tools (Net) 19,200 15,400 11,600
    Total Assets 48,130 99,320 172,520
    Liabilities
    Loan Balance 27,000 20,200 13,400
    Accounts Payable 2,500 3,000 3,500
    Total Liabilities 29,500 23,200 16,900
    Equity
    Owner Equity 8,000 8,000 8,000
    Retained Earnings 10,630 68,120 147,620
    Total Equity 18,630 76,120 155,620

    Break-Even Analysis

    Item Value
    Monthly Fixed Costs $4,020
    Contribution Margin 65 percent
    Break-Even Revenue $6,200 per month
    Jobs Needed 1.8 jobs per day
    Break-Even Timeline Achieved in Month 5–7

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    Upmetrics Team

    Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

    Business Plan Outline
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      Plan your business in the shortest time possible

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      Create a great Business Plan with great price.

      Streamline your business planning process with Upmetrics.