Handyman Matters Franchise Inc.

At a Glance

Products & Services: Handyman services

Number of Locations: 124

Total Investment: $58.2K - $116.6K

Founded: 1997

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
2014 123 1 0 0
2013 107 3 7 0
2012 110 3 2 0
2011 108 3 2 0
2010 109 3 2 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, Eastern Europe, South America.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $58,230 - $116,575
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $2,500 off franchise fee; 100% financing
Financial Requirements
Net Worth: $175,000
Liquid Cash Available: $100,000
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

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

Franchise Ranking History

Franchise 500®: #286 (2013), #449 (2011), #454 (2010),
Top Home-Based: #77 (2013),