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Units as of 2020
125 (4 lost in 3 years)
3.1%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$93K - $137K

Company Overview

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.

Franchising Overview

Franchising Since
2001 (20 years)
# of employees at HQ
15
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
125 (as of 2020)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
12567 W. Cedar Dr., #250
Lakewood, CO 80228

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Ace Handyman Services 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
$55,000 - $60,000
Initial Investment
$93,277 - $137,472
Net Worth Requirement
$250,000
Cash Requirement
$75,000
Veteran Incentives
$2,500 off franchise fee
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
10 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
Ace Handyman Services has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
26 hours
Classroom Training
29 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Ace Handyman Services landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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