Handyman Pro offers a wide range of home improvement and maintenance services. The franchise provides reliable, high-quality handyman services for residential and commercial customers.
Key Insights
- Handyman Pro has a history of providing essential home repair and maintenance services, building a reputation through consistent quality and customer focus. The business model prioritizes efficient service delivery and customer satisfaction, contributing to its established presence.
- The franchise operates by connecting skilled local technicians with property owners requiring a range of services, from minor repairs to larger projects. This operational framework emphasizes streamlined scheduling, quality workmanship, and responsive customer support.
- The industry Handyman Pro serves is characterized by ongoing demand for property upkeep and improvement. Homeowners and property managers consistently require reliable solutions for maintenance and repair needs, creating a stable market environment.
Franchise Fee and Costs to Open
Exploring the financial picture of Handyman Pro gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $98,850 - $142,500, along with a franchise fee of $65,000 - $65,000.
Financial Performance and Revenue
Yearly gross sales of $231,435 and estimated earnings of $27,773 - $34,716 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 4.4-6.4 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Handyman Pro provides comprehensive training for new franchisees. This initial program, lasting two weeks, is conducted at Handyman Pro's corporate headquarters. The curriculum covers essential operational procedures and business management principles. Handyman Pro offers ongoing support and access to a library of resources designed to assist franchisees in building their businesses.
Legal Considerations
Legal considerations for a Handyman Pro franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Navigating local market saturation with established competitors, managing the day-to-day logistics of diverse service requests, and ensuring consistent access to necessary materials and skilled labor are key considerations for any franchisee entering the Home & Building Services sector. Understanding these operational facets and supply chain dependencies will be integral to business planning.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Handyman Pro franchise?
How can I estimate the profitability and return on investment (ROI) of a Handyman Pro franchise?
What is the franchisee fee for a Handyman Pro franchise?
How to open a Handyman Pro franchise?
How many locations does Handyman Pro have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
