If you are looking to invest in a profitable & successful Handyman franchise, then we have found the 10 best Handyman franchises for you!
Handyman repair jobs such as equipment or tools repair, plumbing repair, HVAC maintenance, drywall repair, etc., are the most common problems that homeowners face.
As such, the handyman business can be a lucrative business opportunity for entrepreneurs because of the never-ending service demand.
If you choose the right handyman franchise, then there is no stopping you from becoming successful. In addition to selecting the right Handyman franchise, it’s equally important to get all the franchise details about the Handyman franchise.
Let us now explore the top 10 handyman franchise opportunities!
10 Best HandyMan Franchise Opportunities
1. Handyman Connection
|Royalty Fees||5% of Gross Sales|
Founded in 1990, Handyman Connection is a well-known company that offers home repairs, renovations, and modeling services to small and medium-sized residentials.
Handyman Connection has franchises located in the United States as well as Canada. The company offers third-party financing to cover the franchise fees.
Additionally, the Handyman Connection franchise has an established image and reputation, proven work practices, access to national and local advertising and marketing, and also ongoing training and support.
2. The Honey Do Service Inc.
|Initial Investment||$64,200 – $98,100|
The Honey Do Service Inc. is one of the leading home improvement franchises that was founded in 2013.
Each Honey Do service location is fully supported by specialized business coaches, and each location is individually owned.
Franchise owners get to keep as much as a 67.6% profit margin on average and generate great income.
This company is looking for an entrepreneur who is looking to own and operate a low-cost business where the owner is not the principal worker.
3. Yellow Van Handyman
|Initial Investment||$8,999 – $13,999|
|Liquidity||$5,999 – $13,999|
Yellow Van Handyman is a part of HomeTask and is the lead source provider for each of the Yellow Van Handyman locations.
The founder of HomeTask, Jerrod Sessler, using his construction experience, opened Yellow Van Handyman in the year 2002 and started franchising two years later.
The company offers third-party financing to support initial costs and is looking for candidates in the United States & Canada.
4. TruBlue Home Service Ally
|Initial Investment||$65,650 to $91,400|
TruBlue was founded in 2011 and started franchising in the same year. The company offers home-based, cost-effective business opportunities with initial investment starting at $65,650.
The company has tie-ups with third-party services to provide you with financing to cover start-up costs, fees, inventory, equipment costs, etc.
TruBlue is one of the lowest-cost franchises to own and has a business model that is easy to scale and grow.
Read our detailed guide on the TruBlue franchise.
5. Ace Handyman Services
Ace was founded in 1998 and was acquired by Ace Hardware in 2019. With over 90 years of experience and trust among customers, Ace Handyman Services is one of the best handyman franchises to own.
The company offers franchises on-site support from a dedicated team coordinator as well as territory protection. However, it does not offer any financing help.
Read our complete guide on the Ace Hardware franchise to get every detail of the franchise.
HouseMaster was founded in 1971 and started franchising in 1979 and is one of the most respectable names in home and building inspections and repairs companies.
The company help and support franchisees in many ways by offering third-party financing, training, venture discount, etc., to eligible candidates.
By putting an initial investment of $61,100 – $107,650, you can own this reputable and profitable franchise.
Read our detailed review of the HouseMaster franchise.
7. House Doctors
|Initial Investment||$98,000 – $128,650|
|Franchise Fees||$58,900 – $58,900|
House Doctors was founded in 1994 in Milford, Ohio, and the company started franchising in 1997.
The company offers handyman, light remodeling, and home improvement services and is a great franchise opportunity for those looking for a low-investment business.
House Doctors offer work flexibility allowing owners to work from their homes or offices.
The company also offers individualized coaching and round-the-clock support to run the franchise smoothly.
8. Sears Handyman Solutions
|Initial Investment||$30,900 to $125,100|
Sears Handyman Solutions started franchising in 2014 and is one of the largest providers of home services in the United States.
Sears franchisees are owner-operators which means the franchisee would be running the day-to-day operations of the business and will manage a team of professionals who would perform handyman jobs.
The company offers ongoing training, customer service, operations support, marketing assistance, and other help to franchises.
Rooter-Man is a plumbing franchise that also offers a plethora of home improvement and handyman services.
The company started franchising in 1981 and, ever since then, has grown to more than 580 locations.
Rooter-Man franchise offers a semi-absentee and home-based business model. The company offers exclusive discounts on equipment and products.
They also offer one-on-one coaching and ongoing support for smooth business processes.
10. Mr. Appliance Corp.
|Initial Investment||$94,875 – $177,345|
Mr. Appliance was founded in 1996 and started franchising in the same year. The company is a nationally recognized appliance repair brand with over 300+ locations in North America.
The company offers plenty of benefits to franchises, such as comprehensive business support, flexibility, innovative marketing strategies, etc.
If you are looking for a reputable handyman business opportunity with high profitability, then you can consider Mr. Appliance Corp.
Things You Need To Know Before Investing In A Handyman Franchise
Before you invest your hard-earned money into the Handyman franchise, you must consider the following points once:
Handyman franchises are usually low-cost franchises, and you do not need to spend a dime on them.
Handyman franchises can cost anywhere between $50,000 – $100,000.
So make sure you compare and check out all the handyman franchise options and pick the one that is competitively priced and includes the maximum benefits.
Training & Support
In order to own a handyman franchise, you do not necessarily need construction or other relevant experience.
However, training and support are a must in case you do not have enough experience in this field.
So look for a franchise that offers hands-on training and ongoing support so that you can turn this business into a success.
Home repairs, remodeling, and other handyman services are always in demand.
As such, you must ensure that you offer the best service for consistent demands and customer retention.
For this, choosing a handyman franchise that already has a good reputation will help you grow your business right from the first day.
When Should You Choose A Handyman Franchise?
If you are not sure whether you should start a handyman franchise or not, then you must ask yourself these questions:
Do you want flexibility of work?
Many handyman franchises offer work-from-home or semi-absentee ownership models that allow the franchise owner to run the business with greater flexibility.
If you are someone who would like that, then a handyman franchise could be a fantastic business opportunity for you.
Are you looking for a low-cost yet successful franchise niche?
As already mentioned, handyman franchises do not cost a lot because handyman services are always in demand.
So you can make your dream of running a successful business come true by starting a handyman franchise business.
Are you good at managing people?
As a handyman business owner, you are required to manage a team of professionals who would go to homes and offer services to homeowners.
As such, you must have good managerial skills and should know how to handle customer complaints.
Comparison Of Top 5 Handyman Franchise Opportunities
|Company||Handyman Connection||The Honey Do Service Inc.||Yellow Van Handyman||TruBlue Home Service Ally||Ace Handyman Services|
|Initial Investment||$99,369||$64,200 – $98,100||$8,999 – $13,999||$65,650 to $91,400||$127,577|
|Royalty Fee||5% of Gross Sales||6%||Varies||2%||6%|
10 Best HandyMan Franchise: Wrap Up
Due to the constant demand for household repairs and replacements, starting a handyman business can be quite profitable for you.
Since starting a business from scratch is always a challenge, you can instead invest in one of the 10 best handyman franchise that we discussed in the article above.
Before investing in any franchise, however, make sure to check the financial disclosure document of the company to find out the revenue, profit, and other necessary information about the company.
Also, make sure to check if the franchisor offers training, ongoing support, marketing help, etc., to help you set up the business with ease.
10 Best HandyMan Franchise: FAQs
Is Handyman Franchise Profitable?
The profitability of any handyman franchise depends on a number of factors, such as the franchise’s location, size of the outlet, number of employees, and how well you manage the business, among other factors.
Handyman services are evergreen and always in demand, so yes, Handyman franchises are profitable.
What is the Handyman Franchise Profit Margin?
The profit margin of each Handyman franchise varies. On average, the profit margin could vary between 20%-30%.
But there are some franchises like Honey Do Service Inc. that have a profit margin of as much as 67% on average.
Which is the Cheaptest Handyman Franchise?
As per the handyman franchises listed in our article, one of the cheapest handyman franchises to own is the Yellow Van Handyman franchise, as it requires an initial investment of only $8,999 – $13,999.
The Honey Do Service Inc. and TruBlue are also one of the cheapest franchises to own, costing $64,200 – $98,100 and $65,650 to $91,400, respectively.