Ace Handyman Services

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Ace Handyman Services

Ace Handyman Services Franchise FDD, Costs & Fees (2025)

Ace Handyman Services is a home repair and renovation franchise, offering skilled solutions to enhance homes and ensure customer satisfaction.

Founded in 1998, Ace Handyman Services has established itself as a leading provider of professional handyman solutions. In 2019, the company achieved a major milestone when it was acquired by the well-known Ace Hardware, further solidifying its reputation in the industry.

The franchise is headquartered in Denver, Colorado, and efficiently manages a wide network of services throughout the United States from this central location.

Ace Handyman Services ventured into franchising early in its history, aiming to expand its footprint by enabling local entrepreneurs to bring its unique service model to their communities. The franchise offers a comprehensive range of handyman services, from minor repairs to extensive home improvement projects, meeting a diverse array of customer needs.

A significant advantage for Ace Handyman Services in the competitive home improvement market is its affiliation with Ace Hardware, a brand with over 90 years of trust and credibility. This partnership not only boosts the franchise's market visibility but also provides franchisees with access to Ace Hardware's extensive network, competitive pricing, and national rebate program.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Ace Handyman offers 2 types of franchises:

Business Type Estimated Initial Investment
AHS Business $131,997 to $223,797
Mini AHS Business $96,997 to $168,797

We are summarizing below the main costs associated with opening a AHS Business franchise.

For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).

Ace Handyman Services Business

Type of Expenditure Amount
Initial Franchise Fee $70,000 – $100,000
Travel and living expense while training $3,500 – $4,500
Lease Deposit $1,000 – $3,200
Rent for first 3 months $3,500 – $4,800
Leasehold Improvements and Signage $600 – $4,000
Furnishings $600 – $4,000
Tools and equipment $0 – $2,500
Truck or Van $0 – $9,000
Computer Hardware and Office Equipment $2,500 – $5,500
Software and Internet Fees (3 months) $1,797
Initial Marketing Spend $9,000 – $16,000
Utility deposits and fees $500 – $1,000
Licenses and permits $1,000 – $5,000
Insurance $5,500 – $7,000
Professional fees $500 – $6,000
Miscellaneous opening costs $2,000 – $4,500
Additional Funds (3 months) $30,000 – $45,000
TOTAL $131,997 – $223,797

Franchise Disclosure Document

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Competitors

Below are some of

Ace Handyman Services

key competitors in the

Handyman

sector.

Started franchising
Franchisees

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Franchise fee

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Royalty fee

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Investment

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Revenue (AUV)

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Gross Profit

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EBITDA

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Home-based

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Passive investment

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FDD
Ace Handyman Services
2001
369
+
21%
21%
$70,000
6.00%

$97,000

-

$224,000

n.a.

$437,000

Upgrade

82.8%

n.a.

Upgrade

10.6%

n.a.

Upgrade
No
Upgrade
No
No
Upgrade
No
1997
88
+
87%
87%
$65,000
6.00%

$120,000

-

$191,000

Upgrade

n.a.

$461,000

70.7%

n.a.

Upgrade

n.a.

n.a.

Upgrade
Yes
Upgrade
Yes
Yes
Upgrade
Yes
2011
104
+
24%
24%
$49,900
6.00%

$70,000

-

$96,000

Upgrade

n.a.

$314,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Yes
Upgrade
Yes
No
Upgrade
No
2000
347
+
13%
13%
$65,000
7.00%

$143,000

-

$180,000

Upgrade

n.a.

$592,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
No
Upgrade
No
No
Upgrade
No
1996
310
+
-5%
-5%
$63,750
5% - 7%

$117,000

-

$215,000

Upgrade

n.a.

$0

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
No
Upgrade
No
No
Upgrade
No
2000
9
+
13%
13%
$9,500
6.00%

$70,000

-

$130,000

Upgrade

n.a.

$269,000

45.6%

n.a.

Upgrade

n.a.

n.a.

Upgrade
Yes
Upgrade
Yes
No
Upgrade
No
2017
92
+
1%
1%
$49,500
5% - 9%

$87,000

-

$113,000

Upgrade

n.a.

$342,000

48.7%

n.a.

Upgrade

n.a.

n.a.

Upgrade
Yes
Upgrade
Yes
Yes
Upgrade
Yes

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$49 / month
Total investment

?

Revenue (AUV)

?

Revenue growth (last 3 years)

?

Profit margin

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Franchise Disclosure Documents
Advanced filtering and sorting
Watchlist

?

Priority support

?

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Training

Ace Handyman ensures that franchisees receive thorough training to successfully launch and manage their franchises. The training program includes:

Initial Training Program: Before opening their franchise, franchisees, along with their Principal Representative, Franchise Manager, and Office Manager, must complete the Initial Training Program. This program, which can be conducted in-person or via video conference, covers all essential operational aspects to prepare franchisees for a successful start.

On-Site Training: During the first 90 days of operation, franchisees receive 18 to 24 hours of on-the-job training at their location over two to three business days. This mandatory training is designed to reinforce operational procedures and standards, ensuring smooth and efficient franchise operations.

Additional Training: If further training is needed, either identified by the franchisor or requested by the franchisee, it will be conducted at a designated location or virtually. Franchisees are responsible for travel, lodging, and other expenses associated with attending this additional training, and will pay standard fees for the training as per the current fee schedule.

Continuous Education and Meetings: Ace Handyman may offer various seminars, conventions, continuing development programs, and other training sessions or meetings, both in-person and virtually. While some of these sessions are voluntary, franchisees are required to attend any mandatory events specified by the franchisor. These programs are designed to provide ongoing support and keep franchisees updated with the latest industry trends and best practices.

Territory Protection

Ace Handyman offers franchisees designated protected territories, clearly outlined by zip codes through their business mapping software. As a franchisee, you will receive a territory where Ace Handyman agrees not to operate or allow another Ace Handyman Services (AHS) Business to operate, providing you with specific territorial protections.

The size and configuration of your territory are based on the number of households within these zip codes. Your territory will be determined prior to signing the Franchise Agreement and will be detailed in the Addendum to your Franchise Agreement.

It is important to understand that while you have rights to your designated territory, and Ace Handyman will not allow other AHS Businesses to operate within your territory as long as you are in good standing with your Franchise Agreement, your territory is not considered exclusive. This means you might face competition from other franchisees, Ace Handyman-owned outlets, or other distribution channels or competitive brands controlled by Ace Handyman.

Number of units

2025
Franchised units

305

367

369

Company-owned units

7

12

18

Total units

312

379

387

Competitors

House Doctors

Franchisees

?

88
+
87%
87%
Investment

?

$120,000 - $191,000

Trublue

Franchisees

?

104
+
24%
24%
Investment

?

$70,000 - $96,000

Mr. Handyman

Franchisees

?

347
+
13%
13%
Investment

?

$143,000 - $180,000

Mr. Appliance

Franchisees

?

310
+
-5%
-5%
Investment

?

$117,000 - $215,000

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Total investment

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Revenue (AUV)

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