Premium Performance Brands is looking for business people who share their commitment to client satisfaction and can carry the team and build on the heritage.
Handyman Franchise, one of the speediest home repair and remodeling franchises in the country, has a long history of providing high-quality multifamily housing handyman services.
About The Handyman
Mr. Handyman is the acknowledged leading company in-home repairs and maintenance.
Mr. Handyman is also the contemporary handyman service for tens of thousands of consumers each year, serving an aging Baby Boomer population, starting to come Millennials and every maintenance-conscious homeowner in between.
Moreover, Handyman franchisees offer various repairs and maintenance services for residential and commercial properties.
History Of Handyman
Mr. Handyman, Inc. was formed in June 1996 by David Lavalle in Chelmsford, Massachusetts.
Furthermore, In 2000, Service Brands International, a Michigan-based franchiser, licensed the business strategy and launched franchising operations.
In 2015, the Dwyer Group purchased Service Businesses International and its connected franchise brands.
Handyman Franchise Model
| Investment | $117,500 – $149,100 |
| Industry | General home repair industry |
| Net worth | $250,000 |
| Royalty fee | 5% of the gross sale |
| Area Requirement | N/A |
| Total Outlets | 200 |
Key Takeaways
- Over 100 million homes and corporate clients in the United States require assistance with their to-do lists. Mr. Handyman is a franchisor taking advantage of the increasing demand for dependable handyman services.
- With $1.5 trillion in yearly revenue, the services industry is a major sector of the world’s largest economy. Consider starting a company in a fast-growing segment of the residential service market.
- Our national recognition stems from The Oprah Winfrey Show, Good Morning America, Discovery Channel, and Fox & Friends.
Types Of A Handyman Franchise
There are mainly two types of handyman franchises: do-it-all franchises and niche franchises.
A do-it-all handyman business provides a wide range of skills, from minor repairs like mending broken plumbing to more substantial renovation tasks.
Whether it’s plumbing, electrical repairs, or painting, a niche handyman franchise concentrates on house repair and upkeep sectors.
The option you will also choose is determined by your set of skills and the requirements of local consumers.
Training & Support Of Handyman Franchise
The training offered by all franchises is significant support. Franchisees will also have access to the franchisor’s instruction book, computer networks, and other tools to help them manage their handyman franchise profitably.
Moreover, The training required to become such a handyman varies considerably based on where you live, your quality, and the service you wish to provide.
Because there isn’t a single education program textbook or online class that will have all of the knowledge you’ll have to determine what you’ll learn, you’ll need to gain the abilities you’ll need.
HandymanComparison
| Company | Handyman | HomeVestors |
|---|---|---|
| Founded In | 1996 | 1989 |
| Initial Investment | $117,500 – $149,100 | $53,000 – $421,250 |
| Franchise-Fee | N/A | $27,000 – $65,000 |
| Total Outlet | 200 | 60 |
| Annual Revenue | $172 Million | $1.6 Billion |
Frequently Asked Questions
What is the total number of Mr. Handyman's locations?
Mr. Handyman is a statewide owner-operated franchise that provides private and business property repair and maintenance services. There are more than 200 sites countrywide.
In Michigan, how much does a handyman earn?
In Michigan, a handyman earns an average of $19.30 per hour and $5,625 in overtime per year.
What is the hourly rate of a handyman?
The typical hourly charge for handyman services is roughly $60, with a professional’s rate not being much higher.
Small to medium chores are frequently thought to be simple enough for a handyman to complete.
Is Handyman a franchise?
A handyman is a well-known company in the franchise industry that provides home improvement services.
How much does a Handyman franchise cost?
The initial investment required for the Handyman franchise is $117,500 – $149,100.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.