
Home Technology Handyman
Smart home and electrical contracting services- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$12K - $44K
- Units as of 2019
-
4
Company Overview
About Home Technology Handyman
- Industry
- Home Improvement
- Related Categories
- Miscellaneous Home-Improvement Businesses, Miscellaneous Tech Businesses
- Founded
- 2014
- Parent Company
- HTP Operations Inc.
- Leadership
- Marc Bailey, CEO
Franchising Overview
- Franchising Since
- 2019 (3 years)
- # of employees at HQ
- 8
- Where seeking
-
This company is seeking new franchisees in the following US states:
This company is seeking new franchisees in the following international regions:
- # of Units
- 4 (as of 2019)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Home Technology Handyman franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $6,500
- Initial Investment
- $11,968 - $43,883
- Cash Requirement
- $20,000
- Veteran Incentives
- 20% off franchise fee
- Royalty Fee
- $295-$375/mo.
- Term of Agreement
- 3 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Home Technology Handyman has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 45 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
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