Handyman Connection Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$65,000
Investment required
$106,000 - $225,000
Royalty fee
5.00%

Handyman Connection: Setting the Standard in Home Repair and Improvement

Founded in 1990 and launching its franchising efforts in 1993, Handyman Connection has established itself as a reputable franchise offering a variety of home repair, remodeling, and renovation services. Headquartered in Cincinnati, Ohio, Handyman Connection is committed to providing its franchisees with extensive training and support, equipping them with the necessary skills, knowledge, and tools to thrive.

The franchise's comprehensive training program includes assistance with pre-opening business setup, extensive training through webinars, conference calls, and in-person sessions, as well as continuous support via weekly calls and peer networking opportunities. This robust support system is designed to help franchisees expand their businesses and adapt to the ever-evolving market​​.

Handyman Connection seeks franchise candidates who exhibit a strong work ethic, adaptability, focus, drive, and a service-oriented approach. While new franchisees may not possess all the required skills and traits initially, Handyman Connection values qualities essential for entrepreneurial success, such as dedication, organizational skills, assertiveness, and a growth mindset​​.

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.

Type of Expenditure Amount
Initial Franchise Fee $65,000
Travel and Living Expenses while Training $2,075 to $4,700
Real Estate (Leased) $1,800 to $4,800
Office Equipment $1,100 to $7,800
Lease & Utility Deposits $850 to $2,100
Insurance $3,235 to $7,824
Licenses and Permits $215 to $7,500
Grand Opening Marketing, Advertising and Promotion $21,685 to $63,400
Computer Hardware and Software $1,425 to $10,025
Proprietary Software License $5,000 to $10,000
Additional Funds - Working Capital (estimated for 3 months) $3,235 to $41,625
Total $105,620 to $224,774

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Number of units

2024
Franchised units

61

58

62

Company-owned units

0

0

0

Total units

61

58

62

Franchise Disclosure Document

Training 

Initial Training Franchisees must participate in and successfully complete the franchisor's initial training program. This training is mandatory for at least one general partner, principal shareholder, or managing member if the franchisee is structured as a partnership, corporation, or limited liability company. Additionally, one designated employee or Key Manager may attend the operational segment of the Initial Training without tuition fees. Other employees may join the training upon paying the current tuition fee, subject to availability.

Ongoing Supplemental Training The franchisor may provide additional, expanded, or updated training programs and refresher courses for franchisees, their Key Employees, other managers, and staff. These programs are designed to support the efficient operation of the franchised business.

Training Locations All training sessions are conducted at the franchisor's headquarters, other specified locations, or virtually as designated by the franchisor.

Annual and Regional Conferences Franchisees are required to attend annual and regional conferences organized by the franchisor at designated locations. Non-attendance at these conferences may result in penalties.

Territory Protection

The franchisor provides territory protection to its franchisees under specific conditions. As long as the franchisee remains in substantial compliance with the agreement, as determined solely by the franchisor, the franchisee has the exclusive right to receive and service new residential leads within the zip codes listed in Schedule A of the Franchise Agreement. These leads are generated through the franchisor's internet lead generation platform or centralized 1-800 phone number.

Despite this protection, the franchisor retains the right to establish and authorize others to establish franchised businesses outside the franchisee's designated territory​​.

Territorial exclusivity is granted under certain conditions: if the services provided fall within the definition of Residential Services as outlined in the Agreement and if the franchisee continues to meet substantial compliance requirements, as judged by the franchisor at its sole discretion.

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