Join the Mr. Handyman franchise and tap into the thriving home services market with a proven business model, comprehensive support, and diverse opportunities for both residential and commercial clients.
Mr. Handyman Franchise Snapshot
Current Locations (Approx): 202
Initial Term: 10
Mr. Handyman Franchise Cost
Liquid Capital Required: $50,000
Net Worth Required: $250,000
Total Investment: $117,500 - $149,100
Franchise Fee: $65,400
Minimum Royalty Fee: 7%
Maximum Advertising Fee: 2.00%
Mr. Handyman Franchise Description
Mr. Handyman is a leading name in the home services industry, specializing in maintenance and repair services for both residential and commercial markets. With a proven business model and extensive support system, Mr. Handyman offers an appealing franchise opportunity for aspiring business owners.
Investment Information
Franchise Fee: $65,000
Total Investment: $123,000 - $159,600 (includes working capital)
Minimum Net Worth Requirement: $250,000
Initial Technology Package Fee: $5,500
Ongoing Royalty Fee: 7%
Support and Training
Mr. Handyman provides robust support and training to help franchisees succeed from the start. Key offerings include:
Sure Start Program: 8 weeks of comprehensive training
Initial Training: 4 days at the corporate office, 3 days field training with an existing owner
Continued Support: Franchise Business Coach, onsite visits, phone support, intranet resources, and more
Technological Assistance: A comprehensive computer software program to manage your business
Unique Selling Points
Mr. Handyman stands out in the franchise space for several reasons:
Top Industry Recognition: No. 1 franchise in the handyman services industry for seven consecutive years by Entrepreneur Magazine
Diverse Market: Serves both residential and commercial clients
Home-Based Option: Operate your business from home
B2C and B2B Opportunities: Engage with both individual customers and businesses
Special Incentives
Mr. Handyman offers various financial incentives to support diverse franchisee backgrounds:
VetFran Incentive: $6,000 off the franchise fee
MinorityFran Incentive: $5,000 off the franchise fee
Women Owned Business Incentive: $5,000 off the franchise fee
Veteran Discount: 15% off the initial franchise fee for veterans
Franchise Requirements
Key criteria for owning a Mr. Handyman franchise include:
Hands-on Involvement: Owners must be involved in day-to-day operations (no passive ownership)
Financial Capacity: Minimum net worth of $250,000 and cash investment between $123,000 - $159,600
Location Flexibility: Franchises available in all states and Canada (except Quebec)
Pathway to Ownership
Looking for more information about becoming a Mr. Handyman franchisee? Take these steps:
Download the Franchise Disclosure Document (FDD): Ensures you have all the required financial and operational details
Fill Out the Information Request Form: Get personalized insights and support from a franchise consultant
Key Takeaways
Mr. Handyman is an excellent franchise opportunity for business executives looking to dive into the home services market. With comprehensive training, financial flexibility, and strong market recognition, this franchise promises a profitable and fulfilling venture. For more information on the Mr. Handyman franchise opportunity, fill out the free information request form on this page or download the franchise disclosure document to get started today!
Mr. Handyman Franchise Disclosure Documents
Franchise Disclosure Documents are available for free download. 3-page PDF files are available without entering your name and email address, and full-length PDF files are available for free download after entering your name, phone, and email address.
The Most Recent FDD for Mr. Handyman is From 2022.