Start a HandyPro Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $70K - $130K

Units as of 2023: 11 21% over 3 years

Driven by the principles of honesty and trust, HandyPro was established in 1996 by Keith Paul. HandyPro strives to offer pocket-friendly solutions to home maintenance and repairs. HandyPro specializes in making homes colorful, lively, and more comfortable to live in. HandyPro also installs devices and equipment required to establish an independent living environment.

In an industry some believe can be characterized by broken promises, HandyPro aims to reinstate integrity in the industry.

HandyPro began franchising in 2000 and has several franchises throughout the United States.

Why You May Want To Start a HandyPro Franchise

HandyPro’s focus may be client-specific as opposed to product-specific. HandyPro takes a keen interest in their clients and helps them create the homes of their dreams. HandyPro franchisees can offer residential and commercial services, which may help their franchise succeed.

HandyPro services include plumbing, painting, electrical, tile and drywall repairs, and installation. HandyPro also provides home-modification services that help seniors and people with disabilities. Such services include wheelchair ramp installation and doorway widening.

Integrity, professionalism, quality, and politeness are some values that drive HandyPro. HandyPro is dedicated to collaborating with franchisees by assisting others in modifying their homes. Leaders, team players, good networkers, and those committed to personal and business growth may be ideal HandyPro franchise candidates. HandyPro franchisees should also possess good interpersonal skills and value their clients.

What Might Make a HandyPro Franchise a Good Choice?

Opening aHandyPro franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.

To be part of the HandyPro franchise team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, or renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.

How To Open a HandyPro Franchise

As you decide if opening a HandyPro franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a HandyPro 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 with the HandyPro franchise, it is crucial that you 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 HandyPro franchising team questions.

If awarded a franchise, franchisees may receive support from the HandyPro brand throughout the franchising process. In addition to pre-opening training, HandyPro franchisees receive support through brand awareness, marketing, and research. Franchisees may also receive hands-on training and continued support after their franchise location has opened.

It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a HandyPro franchise.

Company Overview

About HandyPro

Industry	Maintenance
Related Categories	Home Repairs/Handyman Services, Building & Remodeling, Building Services, Miscellaneous Home-Improvement Businesses, Miscellaneous Maintenance Businesses, Home Improvement
Founded	1996
Parent Company	HandyPro Int'l. LLC
Leadership	Keith Paul, Founding Member
Corporate Address	22500 Orchard Lake Rd. Farmington, MI 48336
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest

Business Overview

Franchising Since	2000 (24 years)
# of employees at HQ	6
Where seeking	This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming
# of Units	11 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a HandyPro 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$9,500
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$69,840 - $129,643
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$200,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$30,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	25% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	7 years
Is franchise term renewable?	Yes

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	Up to 6 hours
Classroom Training	Up to 24 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	1-10
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes