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Mr. Handyman Int'l. LLC

Home maintenance & repairs

Background

Founded: 2000 Franchising since: 2000
3948 Ranchero Dr.
Ann Arbor, Michigan 48108
Phone:
(800)289-4600


Franchisor is a privately-held company with 65 employee(s); 12 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 305 10 0 0
2008 304 10 1 0
2007 258 12 0 0
2006 216 14 0 0
2005 173 10 0 5

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Africa, Asia, Australia/new zealand, Canada, Central america, Eastern europe, Middle east, Mexico, South america, Western europe

Exclusive territories available.
Territory size: Approximately 60,000 qualified households

Costs and Fees

Total investment: $91.5K-132.6K
Franchise fee: $14.9K
Ongoing royalty fee: 7%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $250K+
Cash liquidity requirement: $30K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Franchise can be run from home
  • 22% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 8
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 6-9 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks

Other marketing support
  • Press releases, vehicle decals

Rankings

Franchise 500® rank:
#106 (2009); #128 (2008); #120 (2007); #147 (2006); #152 (2005);

Ranked #1 in category in:
2009; 2008; 2007; 2006; 2005;

Fastest-Growing Franchises:
#68 (2009); #103 (2008); #83 (2007); #65 (2006);

Top New Ranking:
#7 (2005);

Top Home Based Franchises:
#26 (2009); #30 (2008); #34 (2007); #35 (2006); #33 (2005);

America's Top Global Franchises:
#85 (2009); #97 (2007); #122 (2006); #140 (2005);


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