Click to Print This Page
Entrepreneur: Start & Grow Your Business

Handyman Matters Franchise Inc.

Handyman services

Background

Founded: 1997 Franchising since: 2001
12567 W. Cedar Dr., #150
Lakewood, Colorado 80228
Phone:
(866)448-3451/ (303)359-4021


Franchisor is a privately-held company with 25 employee(s); 25 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 113 2 2 0
2008 111 2 2 0
2007 110 1 8 0
2006 113 1 2 0
2005 115 1 2 0

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.: Asia, Australia/new zealand, Canada

Exclusive territories available.
Territory size: 150,000-250,000 households

Costs and Fees

Total investment: $48.9K-114.4K
Franchise fee: $32.5K-60K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


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

Qualifications
Net worth requirement: $175K
Cash liquidity requirement: $40K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Franchise can be run from home
  • 15% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 3 - 9
  • Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1-1/2 weeks
  • At franchisee's location: 1 week
  • Ongoing training available as requested

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

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • Print, radio, TV ads

Rankings

Franchise 500® rank:
#405 (2009); #382 (2008); #343 (2007); #205 (2006); #378 (2005);

Fastest-Growing Franchises:
#83 (2006);

Low-Cost Franchises:
#89 (2009);

Top New Ranking:
#8 (2006); #27 (2005);

Top Home Based Franchises:
#101 (2007); #54 (2006);

America's Top Global Franchises:
#155 (2006);