Mr. Handyman Franchise
To buy a franchise with Mr. Handyman, you'll need to have at least $65,000 in liquid capital and a minimum net worth of $250,000. Mr. Handyman charges a franchise fee of $65,000.
Franchisor Details
Total Units: 348
Year Founded: 1996
Franchising Since: 2000
Home Office: Waco, TX
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $65,000
Net Worth Required: $250,000
Total Investment: $123,000 – $157,600
Franchise Fee: $65,000
Royalty Type: 7%
Vetern Discount: Veterans and Public Protectors (Police and Fire)
*Mr. Handyman is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Values & History
Franchising since 2000, Mr. Handyman began as a small business founded in 1996 and has grown over the years to service nearly 1 million customers across North America, with over 200 units in operation. We pride ourselves on being more than just the guy offering home repair services out of the back of his pickup truck. After all, you don't want to let just anyone into your home. Unlike those other guys, Mr. Handyman technicians are skilled professional home improvement consultants backed by years of trusted expertise. Skilled craftsmen with years of industry knowledge behind them, the Mr. Handyman experience means never having to overspend for less-than quality of service again, and our track record of repeat service from loyal customers across the US and Canada prove it.
Industry Performance
Handyman Services in the US topped $5 billion over 2019, with the number of businesses growing to 1,586. The industry saw an average annual growth of 5.7% from 2014 to 2019. 47% of homeowners attempt to make small repairs themselves without realizing they do not have the necessary skills to complete the job. With over 68% of Americans owning their home the market is poised for considerable growth, forecasted as high as 8% from 2018 to 2028.
Training & Support
The Mr. Handyman Sure Start training program will prepare new franchise owners for all aspects of business operation, including how to manage your finances. A dedicated Franchise Consultant will provide coaching throughout your first year. Franchisees in their second year of operation and after will be assigned a Regional Service Manager to provide further guidance as necessary. Further support through superior marketing strategies and our 4-pillar system of leading web presence, national and local media coverage, client engagement, and continuous innovation will also be on-hand to ensure your business remains competitive.
Ideal Candidate & Qualifications
The ideal candidate for a Mr. Handyman franchise ownership is motivated and passionate about providing excellence in customer service while growing their business. Franchise owners should be excited about being able to fix problems for others who are unable to do so themselves. Mr. Handyman franchisees can expect to handle a wide range of projects, so an appreciation for skilled labor and a willingness to work hands-on with a variety of problems is key. Attention to detail, customer care, and pride in ownership produce the best candidates. Owners will set their own hours, be their own boss, and decide how many jobs to take on, offering tremendous flexibility.
Purchasing a Mr. Handyman Franchise
A Mr. Handyman franchise requires potential owners to have access to no less than $65k in liquid capital with a net worth of at least $250k. Expected total investment potential is between $123,000 and $157,600 and qualified candidates will have access to a variety of third-party financing options.
Mr. Handyman is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Mr. Handyman is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.