FREE Franchise Guide!
2024 Franchise 500 Rank
#132 Ranked #127 last year
See the Full List
Initial investment
$131K - $220K
Units as of 2024
380 Increase 71.2% over 3 years

Founded in 1998 by Andy Bell, what was then known as Handyman Matters is a business in the home improvement, repair, and renovation industry. The professional craftsmen are reliable and experienced, with the ability and knowledge to handle different home improvement projects. The most popular services are fencing, painting, carpentry, drywall, bathroom, floors, and doors. 

It began franchising in 2001. In 2019, the company was acquired by Ace Hardware, changed its name to Ace Handyman Services, and grew to over 110 territories. An ideal franchisee is someone who is a smart business person and can take control of the business and achieve success.

Why You May Want to Start an Ace Handyman Services Franchise

As an Ace Handyman Services franchisee, you will be responsible for catering to the clients in your territory as you leverage the brand. Ace Handyman Services is different from its competitors because it provides exemplary services, and the craftsmen are highly skilled. The craftsmen strive to be trustworthy and reliable, consistently delivering a neighborly experience while helping the clients save on time.

There is also a customer loyalty program that customers enjoy. Customers tend to like Ace Handyman Services because they always get a delightful experience with quality services.

What Might Make Ace Handyman Services Franchise a Good Choice?

To own an Ace Handyman Services franchise, you should make sure you're financially ready for an initial investment that will include a franchise fee and other startup costs. You'll want to make sure you have enough capital available to cover ongoing fees, as well. These will include royalty percentages, advertising fees, and a potential renewal fee. An Ace Handyman Services franchise also comes with a protected territory. 

The Ace Handyman Services business model has been tried and tested for over two decades, so you'll be learning from one of the best in the industry. The brand will guide you through each step, and the field staff will have weekly meetings with you to help you learn the ins and outs of the business. You'll be franchising with a recognized brand, leading to potential growth as satisfied customers will refer more clients to you.

How to Open an Ace Handyman Services Franchise

For more information about opening an Ace Handyman franchise, you can contact a franchise representative. The path to ownership of an Ace Handyman Services franchise includes six steps. It starts with your introductory contact. 

If the brand thinks you're a good fit, they'll review your financials and send the Franchise Disclosure Document to you. The initial training takes place at company headquarters in Lakewood, Colorado, and the pre-opening study program agenda is detailed. Some of the topics you'll discuss with the Ace Handyman Services team include brand values, your protected territory, and various aspects of the business. These include marketing programs, technology, operating systems, and financial requirements. You will then undergo training through the technology webinar. 

The proprietary software is designed to help you run your business efficiently. Ace Handyman Services will guide you on how to operate it. You will be invited to meet the team and other franchisees at discovery day. After that, you may embark on taking the steps to open your Ace Handyman Services franchise.

Find Your Perfect Franchise

Company Overview

About Ace Handyman Services

Industry Maintenance
Related Categories Home Repairs/Handyman Services, Building & Remodeling, Building Services, Miscellaneous Home-Improvement Businesses, Miscellaneous Maintenance Businesses, Home Improvement
Founded 1998
Parent Company Ace Hardware
Leadership Andy Bell, CEO
Corporate Address 390 Union Blvd., #520
Lakewood, CO 80228
Social Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 2001 (23 years)
# of employees at HQ 51
Where seeking

This company is offering new franchises throughout the US.

# of Units 380 (as of 2024)

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 Information Circle
$70,000
Initial Investment Information Circle
$131,077 - $220,297
Net Worth Requirement Information Circle
$250,000
Cash Requirement Information Circle
$75,000 - $150,000
Veteran Incentives Information Circle
$7,000 off first-unit franchise fee
Royalty Fee Information Circle
6%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

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 18-24 hours
Classroom Training 22-30 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
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? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 5-10
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Franchise 500 Ranking History

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

Additional Rankings

Curious to know where Ace Handyman Services ranked on other franchise lists? Find out below.

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Ace Handyman Services.

PuroClean

description
Property damage restoration and remediation

Sam the Concrete Man

description
Residential and commercial concrete services

Decorating Den Interiors

description
Interior design and decorating services and products

Wonderly Lights

description
Holiday and exterior lighting services

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

These Are the Top New and Emerging Franchises of 2024 — And You Can Start One for Less Than $5,000

We evaluated new and emerging brands based on the same rigorous criteria used in the Franchise 500 process, analyzing more than 150 data points.

Franchise

Discover the Low-Risk, High Reward of Owning this Property Restoration Franchise

PuroClean offers multiple revenue streams with services related to water, fire, smoke, mold and biohazard damage.

Franchise

McDonald's Announces the Return of the Snack Wrap in 2025 — Here's What to Expect From Its Comeback

The decision comes after years of persistent customer demand for the portable snack, which debuted nearly two decades ago.

Franchise

Ready to Own a Business? Check Out These 15 Franchises You Can Start For Under $25K

Looking for an inexpensive franchise to open? Explore the best franchises under $25k, according to the 2024 Franchise 500 Ranking.

Franchise

Why Opening a Second Location Requires a Fresh Strategy (Even If Your First Was a Hit)

Here are some key points to consider before adding another location to your burgeoning multi-unit brand.

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022