Handyman Connection

Small repair and remodeling jobs
Year began: 1990    Franchising since: 1991
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.
10250 Alliance Rd., #100
Cincinnati, OH 45242

Phone: (800)466-5530
Fax: (513)771-6439

Franchisor is a privately-held company with 14 employee(s); 3 employee(s) in franchise department.

Franchisee Association
Handyman Connection Advisory Council

Franchise Growth
Year

2007
2006
2005
2004
U.S. Franchises
141
135
136
113
Canadian Franchises
24
24
24
24

Foreign Franchises
0
0
0
0
Company
Owned
1
1
1
2

Where Seeking Franchisees
Nationwide

Exclusive territories available.
Territory size: 70,000-250,000 single family homes

Costs & Fees
Total investment: $83K-156.3K
Franchise fee: $25K-40K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable
Renewal fee: 10% of franchise fee
Type of Financing Available
In-HouseThird Party
Franchise FeeNoNo
Startup CostsNoNo
EquipmentNoNo
InventoryNoNo
Accounts ReceivableNoNo
PayrollNoNo
Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience
  • Marketing skills

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)

Training & Support
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

Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#296 (2008); #299 (2007); #290 (2006); #450 (2005);

America's Top Global Franchises:
#194 (2007);

Last Updated: 8/15/2008 12:00:00 AM



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