Handyman Matters Franchise Inc.

At a Glance

Products & Services: Handyman services

Number of Locations: 127

Total Investment: $63.7K - $119.3K

Founded: 1998

Began Franchising: 2001

About Handyman Matters Franchise Inc.

In the late 1990's, Andy Bell left the restaurant industry and started a handyman business in Denver, Colorado, calling it Handyman Matters. He began franchising the concept in 2001. Franchisees offer repair, restoration and maintenance services to both residential and commercial customers.

Franchise Units

Year U.S. Canadian International Company Owned
2015 120 0 7 0
2014 102 3 7 0
2013 107 3 7 0
2012 110 3 2 0
2011 108 3 2 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $63,680 - $119,325
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $2,500 off franchise fee
Financial Requirements
Net Worth: $175,000
Liquid Cash Available: $100,000
Operations
15% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 4. Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. At franchisee's location: 5 days, 90 days post-opening.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #286 (2013), #449 (2011),

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