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Franchise 500 2023
2023 Franchise 500 Rank
#127 Ranked #238 last year
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Initial investment
$128K - $204K
Units as of 2023
359 Increase 187.2% 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, YouTube

Business Overview

Franchising Since 2001 (22 years)
# of employees at HQ 51
Where seeking

This company is offering new franchisees throughout the US.

# of Units 359 (as of 2023)

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
Initial Investment Information Circle
$127,577 - $204,097
Net Worth Requirement Information Circle
Cash Requirement Information Circle
$75,000 - $150,000
Veteran Incentives Information Circle
$6,500 off franchise fee
Royalty Fee Information Circle
Ad Royalty Fee Information Circle
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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 40 hours
Classroom Training 40 hours
Ongoing Support
Purchasing Co-ops
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
Website Development
Email Marketing
Loyalty Program/App


Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Can this franchise be run part time? Information Circle
# of employees required to run 5-10
Are exclusive territories available? Information Circle
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Franchise 500 Ranking History

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

Additional Rankings

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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