What Can I Make?

Year Over Year Growth

One Full Calendar Year of OperationsTwo Full Calendar Years of OperationsThree Full Calendar Years of Operations
Number of Reporting Operators1263
2016 Average Annual Gross Revenues$334,018$480,351$630,214
No. and % of Reporting Operators Who Exceeded the Average6/50%4/67%1/33%

 

The table above shows the 2016 average Gross Revenue results of the Reporting Operators who have operated their Handyman Matters Businesses for one, two and three full calendar years as of December 31, 2016.  There were 12 Reporting Operators who signed their Franchise Agreements during 2015, and operated for the full 2016 calendar year; six Reporting Operators who signed their Franchise Agreements during 2014, and operated for the full 2015 and 2016 calendar years; and three Reporting Operators who signed their Franchise Agreements during 2013, and operated for the full 2014, 2015 and 2016 calendar years.  Table No. 3 shows the average Gross Revenues of these three groups of Reporting Operators for only calendar year 2016.   The corresponding chart shows the increase in Gross Revenues in calendar year 2016 as each group was more experienced in operating their Handyman Matters Businesses.

 

Table 1: Average Gross Revenue, Gross Profit & Net Income of our Reporting Operations

Top QuartileSecond QuartileThird QuartileBottom QuartileCombined
11 Reporting Operators11 Reporting Operators11 Reporting Operators12 Reporting Operators45 Reporting Operators
Average% of RevNo. & % Met or Exceeded the AverageAverage% of RevNo. & % Met or Exceeded the AverageAverage% of RevNo. & % Met or Exceeded the AverageAverage% of RevNo. & % Met or Exceeded the AverageAverage% of RevNo. & % Met or Exceeded the Average
Craftsman Labor Revenue$673,064232%$391,020213%$276,910205%$171,587266%$373,555225%
Service Charge$47,34416%$24,90914%$22,76617%$16,93526%$27,74317%
Materials Sold$102,44535%$57,33531%$59,15444%$24,57438%$60,07036%
Warranty Collected$25,2269%$21,31712%$12,6479%$2,3844%$15,1049%
Subs for Specialty Projects$27,4309%$42,04223%$4,6813%$4,9628%$19,45012%
Other Revenue$3,7191%$2,9282%$2,6312%$9631%$2,5252%
GROSS REVENUE$879,228304%6/55%$539,551294%4/36%$378,789280%5/45%$221,405343%7/58%$498,447300%18/40%
Craftsman Mileage$34,74912%$15,6809%$10,2408%$5,5749%$16,31610%
Craftsman Wage$289,596100%$183,819100%$135,327100%$64,531100%$166,012100%
Materials Purchased Costs$115,66740%$61,96534%$56,21642%$24,21338%$63,62038%
Subcontractor Expense$26,6819%$27,18715%$5,2654%$7,23611%$16,38410%
Total Cost of Goods Sold$466,693161%7/64%$288,650157%5/45%$207,048153%4/36%$101,554157%6/50%$262,332158%19/42%
GROSS PROFIT$412,535143%7/64%$250,901137%4/36%$171,741127%4/36%$119,851186%6/50%$236,115142%17/38%
Marketing Investment$83,42629%$39,51321%$26,87720%$20,52432%$42,09525%
General & Administrative$166,83858%$95,17352%$65,99749%$44,30469%$91,99455%
Total G&A$250,26486%3/27%$134,68673%5/45%$92,87469%5/45%$64,828100%4/33%$134,08981%19/42%
NET INCOME$162,27157%7/64%$116,21564%4/36%$78,86758%4/36%$55,02386%7/58%$102,02661%19/42%

*The quartiles shown in Table No. 1 were determined based on each Reporting Operators actual reported Gross Revenues. 

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