Handyman Connection

At a Glance

Products & Services: Home repairs, remodeling

Number of Locations: 75

Total Investment: $99.7K - $152.3K

Founded: 1990

Began Franchising: 1991

About Handyman Connection

As chairman of his condominium's maintenance committee, Arthur Neuman discovered that residents often had trouble finding repairmen. When Marvin Belkin discovered there was room in the marketplace for a small repair business, he and Neuman founded Handyman Connection in 1990. The company began franchising in 1993, with the first franchise in Dayton, Ohio, and now has locations throughout the United States and Canada.

Franchise Units

Year U.S. Canadian International Company Owned
2014 51 24 0 0
2013 57 24 0 1
2012 74 24 0 1
2011 95 24 0 1
2010 69 24 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $99,710 - $152,300
Franchise Fee: $52,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $7,500 off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $100,000
Operations
2% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #327 (2013), #258 (2012), #418 (2010),
Fastest-Growing: #76 (2012),
America's Top Global: #194 (2012),

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