Handyman Connection

Overview

Website: www.handymanconnection.com

Franchise Fee: $71,000

Royalties: 6%

Cash Investment: $100,000

Total Investment: $115,837 - $238,736

Net Worth: $250,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

Handyman Connection offers its franchise owners the opportunity for real, personal business success. Franchisees first year standard of $500,000 in revenue and not uncommon in first year to hit $750,000 plus with strong margins. The need for property repairs is never ending – it isn’t a trend or a fad that will disappear next year. Property owners always need “something done”, and Handyman Connection makes it happen. We provide a valuable service within the communities we serve, helping property owners maintain and improve their homes and businesses. Unlike general handyman services, Handyman Connection connects our customers with specialists skilled in particular trades, supporting our belief in providing a quality customer experience on every project from as simple as changing a ceiling fan to full bathroom or kitchen remodel.
WHY Handyman Connection?
Low overhead and high gross margins
Little to no accounts receivable
Customer base is massive, and our brand has a 50% repeat and
referral rate for clients
OUR IDEAL FRANCHISEE
People who are comfortable working with ‘blue-collar’ individuals, and comfortable getting out of the office and into the field
People who value community
People who want to build a business and become the executive leader
AVAILABLE MARKETS
US markets available: All except noted below
HOT Regions/Desirable: All
NOT available: None
Available in Canada: Yes
International Referrals: No
BACKGROUND
Year founded: 1990
Year Franchised: 1993
Number of franchises currently operating: 65
Number of International franchises currently operating: 0
Number of corporate owned franchises: 0
Home Based: No
Absentee ownership available: No
Semi-Absentee ownership available: No
Accepting Master Franchisor and Area Developer Referrals: No
Average number of employees required: 1-2
E2 Visa Friendly: Yes
FINANCIAL DETAILS
Franchise Fee: Single: $71,000
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: Single Unit: $115,837 - $238,736
Net worth requirement: $250,000
Royalty: 6%
Additional fees: 2% Ad fee
Financial assistance available: Yes
VetFran program: Yes
SUPPORT & TRAINING PROVIDED:
Training and support program details:
Handyman Connection provides 5 weeks of virtual training. The training covers every step needed to launch business both in knowledge and a tool box that provides a step by step guide to enter the business. After virtual training a one week training in the corporate training center. Once launched, numerous operational visits in-field at franchisee location. Provide detailed pro-forma to set and hit first year goals as well.
Cost for Training: $
Lodging and airfare included:
Site Selection Assistance: No
Lease Negotiation Assistance: No
Mentor following training: Yes
Length of mentoring Franchisee: Ongoing
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Why Handyman Connection?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1990

Year Franchised: 1993

Home Based: No

Financial Details

Franchise Fee:$71,000
Providing Earnings Guidance in Item 19 in FDD:Yes
Total Investment Range: Single Unit: $115,837 - $238,736
Net Worth Requirement:$250,000
Royalty:6%
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: