Handyman Connection Franchise
Thursday, April 22, 2010 at 06:13PM Small repair and remodeling jobs
Handyman Connection® is part of the high demand, high growth home improvement services industry. Founded in 1990, Handyman Connection was created to address the question that many homeowners still have today. Where can I find qualified, reliable craftsman to do the small home repairs and small remodeling jobs in my home that I don't have the time, tools, or talent to do myself? And today, Handyman Connection continues to be the answer to that question for hundreds of thousands of homeowners across the United States and Canada.
Start-up Costs & Franchises Fees
What is the total cost to open a Handyman Connection Franchises?
Total Cost: $65,000 USD -$110,000 USD
Total Franchise Fees: $25,000 USD -$40,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: 10% of franchise fee
Contact Information for Handyman Connection
|
Handyman Connection |
Phone Number: (513) 771-3003 ext. 236 |
Handyman Connection In the Press
No results at this time.Historical Expansion
In what year did Handyman Connection begin operations? 1990
When did Handyman Connection begin selling franchises? 1993
Year United States Canada International Corporate 2005 108 24 0 1 2004 113 24 0 2 2003 115 24 0 2 2002 104 24 0 5 2001 78 25 0 5
Future Expansion
Countries of Interest: Canada,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
2% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 3
Absentee ownership of franchise is allowed. (95% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes