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Promoted Opportunities
Initial Investment
LOW: $64,200
HIGH: $98,100
Change in Units
+10.5% +2 UNITS (1 Year)
+5.0% +1 UNITS (3 Years)
Company Profile
Founded
2002
Franchising Since
2008 (9 Years)
Corporate Address
433 Scott St. Bristol, VA 24201
CEO
Brad Fluke
About The Honey Do Service Inc.
In 2002, Brad Fluke moved to Bristol, Virginia, to help his father run the handyman business he had just started. He became the company's president and in 2008, began franchising the Honey Do Service concept. Honey Do Service franchisees offer repair and maintenance services for common household problems.
Financials
Financial Requirements
Initial Investment
$64,200 - $98,100
Net-worth Requirement
$100,000
Liquid Cash Requirement
$30,000
Ongoing Fees
Initial Franchise Fee
$29,000
Ongoing Royalty Fee
6%
Financing Options
The Honey Do Service Inc. offers in-house financing to cover the following: franchise fee
Veteran Incentives
$5,000 off franchise fee
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.
Operations & Franchisor Support
Training Onsite: 7 days
Training at headquarters: 14 days
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
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Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 17th, 2016
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