- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$106K - $214K
- Units as of 2023
-
58 3% over 3 years
Handyman Connection has been providing home improvement services since its founding in 1990. The company began franchising a year later. To date, they have handled more than one million requests. The range of services offered includes remodeling, drywall, painting, fencing, carpentry, tile and flooring, plumbing, storage, maintenance and installations, and deck repair and installation.
Aging in place services are also provided, making it easier and safer for senior citizens to live within their own space. Making home spaces and lives better for individuals is one of the reasons why your community may benefit from a Handyman Connection franchise.
Why You May Want to Start a Handyman Connection Franchise
As a Handyman Connection franchisee, you will be responsible for your employed craftsmen and driving more business by marketing your business. Although you are to provide direction to the craftsmen and run your business locally, you must stick to the Handyman Connection brand guidelines.
The benefit of opening a Handyman Connection location may be that you will get to leverage the well-known brand name. Handyman Connection has also taken action to adapt to the changes in the business environment and has adjusted their brand position.
Handyman Connection may stand out from the competition because they are using technology to advance their services. Your community will benefit from the convenience and trust that Handyman Connection offers through the small and medium-sized handyman services.
What Might Make a Handyman Connection Franchise a Good Choice?
An ideal candidate for a Handyman Connection franchisee is someone who not only meets the financial requirements, but is also dedicated to deliver on the job and invest in continuous development. The demand for home improvement services is steady, and the best thing about this business may be that you might not need to keep the inventory, as you will be linking clients to craftsmen.
To be part of the Handyman Connection team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. Additionally, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
With your franchise investment, you may receive training and support from the Handyman Connection team. You will also be given access to a management software tool that will help you manage your business effectively. Training includes online and in-person training. Handyman Connection will also provide on-site training at your territory once you have chosen your desired region. The operations support team may have weekly calls with you, providing ongoing support as needed.
How Do You Open a Handyman Connection Franchise?
As you decide if opening a Handyman Connection franchise is the right opportunity for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Handyman Connection franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Handyman Connection franchising team questions.
Company Overview
About Handyman Connection
Industry | Maintenance |
---|---|
Related Categories | Home Repairs/Handyman Services, Building & Remodeling, Building Services, Miscellaneous Home-Improvement Businesses, Miscellaneous Maintenance Businesses, Home Improvement |
Founded | 1990 |
Parent Company | Trident Investment Partners Inc. |
Leadership | Jeff Wall, CEO |
Corporate Address |
11115 Kenwood Rd. Cincinnati, OH 45242 |
Social | Facebook, Twitter, LinkedIn |
Business Overview
Franchising Since | 1991 (33 years) |
---|---|
# of employees at HQ | 10 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada |
# of Units | 58 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Handyman Connection franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$65,000 |
---|---|
Initial Investment
|
$105,520 - $213,824 |
Net Worth Requirement
|
$200,000 |
Cash Requirement
|
$105,000 - $150,000 |
Veteran Incentives
|
$7,500 off franchise fee |
Royalty Fee
|
5% |
Ad Royalty Fee
|
3% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Handyman Connection has relationships with third-party sources which offer financing to cover the following: franchise fee |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 54 hours |
---|---|
Classroom Training | 112 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 1 |
Are exclusive territories available?
|
No |
Franchise 500 Ranking History
Compare where Handyman Connection landed on this year's Franchise 500 Ranking versus previous years.
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