#258
At a Glance
Products & Services: Home repairs & remodeling
Number of Locations: 120
Total Investment: $99.85K - 157.1K
Founded: 1990
Began Franchising: 1991
Private Owned
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 |
| 2011 | 95 | 24 | 0 | 1 |
| 2010 | 69 | 24 | 0 | 1 |
| 2009 | 87 | 24 | 0 | 1 |
| 2008 | 85 | 24 | 0 | 2 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Startup Costs, Ongoing Fees and Financing
Total Investment: $99,850 - $157,100
Franchise Fee: $50,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $50,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
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).| Financing Type | In-House | Third Party |
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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,