Yellow Van Handyman

At a Glance

Products & Services: Handyman services

Number of Locations: 21

Total Investment: $30K - $42K

Founded: 2002

Began Franchising: 2004

About Yellow Van Handyman

Yellow Van Handyman is part of HomeTask, which also franchises Freggies, Lawn Army and Pet Butler. HomeTask founder Jerrod Sessler used his construction experience to start the handyman franchise in 2002, and in 2004 it became the first HomeTask brand to be franchised.

Franchise Units

Year U.S. Canadian International Company Owned
2014 19 2 0 0
2013 33 4 0 0
2012 43 4 0 0
2011 39 4 0 0
2010 30 6 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $30,000 - $42,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 12%
Term of Franchise Agreement: 7 years, renewable
Veteran Incentives: $5,000 off franchise fee
Financial Requirements
Liquid Cash Available: $30,000 - $42,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 1. Absentee ownership of franchise is NOT allowed. (100% 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: Ongoing.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, Regional advertising,
Other marketing support: PR

Franchise Ranking History

Franchise 500®: #336 (2013),
Low-Cost: #56 (2013),
Top Home-Based: #94 (2013),