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Entrepreneur: Start & Grow Your Business

Handyman-Network Franchise Systems LLC

Home maintenance, repairs & improvements

Background

Founded: 2000 Franchising since: 2002
5810 W. 78th St., #220
Bloomington, Minnesota 55439
Phone:
(888)876-1148/ (952)746-8352


Franchisor is a privately-held company with 2 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 5 0 0 0
2006 0 0 0 2
2005 0 0 0 2

Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, Utah, Vermont, West virginia, Wyoming
Outside the U.S.: Canada, Mexico

Exclusive territories available.
Territory size: 75,000-200,000 population

Costs and Fees

Total investment: $25K-40K
Franchise fee: $17.5K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


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

Qualifications
Net worth requirement: $50K
Cash liquidity requirement: $25K
Business Experience:
  • General business experience

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 2 - 5
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 weeks

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

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