Mr. Handyman

This is a professional home repair service. OWNERS DO NOT DO THE HANDYMAN WORK AND YOU DO NOT NEED TO BE HANDY.

This franchise is made up of Top Level business executives. Mr. Handyman provides maintenance and repair services to residential and commercial markets.

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Mr. Handyman

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Mr. Handyman Franchise Cost and Requirements for 2024

Background

Residential/commercial repair, maintenance and improvement projects. Recognized as No. 1 franchise in this industry for 7 consecutive years by Entrepreneur Magazine.

Offering Financial Assistance

Third party financing accepted. Short term internal financing available. Minimum net worth requirement: $300,000.

Special Incentives

Handyman Services
Home Improvement
Construction: Building & Remodeling Services

VetFran Incentive

$6,000 off the franchise fee MinorityFran: $5,000 off the franchise fee Women Owned: $5,000 off the franchise fee

Company Details

Established: 1996
First Unit Franchised: 2000
Franchised Units: 320 (17 Canadian)
Company Owned Units: 0
States Registered In: All states, Canada (not Including Quebec)

Support and Training Offered By Mr. Handyman

Financial Assistance Provided: Refer to 3rd Parties
Site Selection Assistance: No
Lease Negotiation Assistance: No
Co-Operative Advertising: Yes
Training:

  • 6-8 weeks Sure Start program, plus 4 days of training at home office, 3 days field training with existing owner, on-site visit with FRanchise Business Coach within the first six-eight weeks after you open.
  • Comprehensive computer software program which helps manage your entire business.
  • Continuing support: Dedicated Franchise Business Coach, field visits, continual phone support, intranet website, ongoing training, conference calls, webinars, regional and national meetings.

Neighborly Webinar with Austin Meek

2024 Franchise Requirements Needed to Own a Mr. Handyman Franchise.

What does a Mr. Handyman Franchise Cost?

Mr. Handyman franchise fees for 2024:

Cash Investment: Franchise fee: $63,000; Initial technology package fee: $5,500
Total Investment: $117,500 - $154,100 (includes working capital)
Minimum Net Worth: $250,000
Franchise Fee: $63,000
Royalty: 7%
Average Number of Employees: Less than 10
Passive Ownership: No
Home Based: Is an option
B2B: Yes, but primarily B2C
Master Franchise Opportunities: No
Special Discount Programs: VetFran 20% off of Initial Franchise Fee


Is Mr. Handyman a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Mr. Handyman is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Mr. Handyman a Home Based franchise?

No. Mr. Handyman is not a home based franchise opportunity.

What Do Mr. Handyman Franchise Owners Make?

Click here to find out how much Mr. Handyman franchisees make. Mr. Handyman offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Mr. Handyman a Master Franchise Opportunity?

No. Mr. Handyman is not a master franchise opportunity.

Does Mr. Handyman Offer a Veteran Discount?

Yes. Mr. Handyman franchise does offer a veteran discount.

Does Mr. Handyman Work with E2 Visa and EB-5 Visa Candidates?

Yes. Mr. Handyman franchise does work with E2 Visa and EB-5 Visa candidates.

Is Mr. Handyman Looking for Franchisees in Canada?

Yes. Mr. Handyman franchise is looking for Canada franchisees.

Is Mr. Handyman Looking for International franchisees?

No. Mr. Handyman franchise is not looking for International franchisees.

Where can I see Mr. Handyman's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Maintenance, Repair & Restoration, Home Services, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$25,000 - $50,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Mr. Handyman Franchises for Sale

Click Here to inquire about existing Mr. Handyman franchises for sale. We may have Mr. Handyman franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.