Mr. Handyman

Mr. Handyman is the solution to today’s fix-it problems for millions of time-starved families. Our franchise caters to homeowners and commercial customers needing property maintenance and repair. Mr. Handyman has been selected as one of Entrepreneur Magazine’s “Top 50 New Franchises” in 2002 & 2003, "Franchise 500" in 2002 & 2003, and "Fastest Growing Franchises" in 2002 & 2003.

BACKGROUND

Established: 2000
First Franchised: 2001
Franchised Units: 125 in US and Canada
Company Owned Units: 2
Projected New Units (12 Months):
Registered: All States

FINANCIAL/TERMS

Cash Investment: $42K - $46K
Total Investment: $90K - 110K, including working capital
Minimum Net Worth: $250K
Franchise Fee: $9.9K / Initial Package: $9.5K / Territory Fee: $30K
Royalty: 7%
Ad Fund: 1.25%
Average Number of Employees: Varies
Passive Ownership: No / Owner-Operator

SUPPORT & TRAINING PROVIDED

Financial Assistance Provided: No
Site Selection Assistance: N/A
Lease Negotiation Assistance: Yes, if needed
Co-Operative Advertising: Yes
Training: 1-2-month Right Start program, 5 days of training at home office, field visits continual phone support, monthly conference calls, intranet site, and annual convention.

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