What does a Mr. Handyman Franchise Cost?
Mr. Handyman franchise fees for 2024:
Cash Investment: Franchise fee: $65,000; Initial technology
package fee: $5,500
Total Investment: $123,000 - $159,600 (includes working
capital)
Minimum Net Worth: $250,000
Franchise Fee: $65,000
Royalty: 7%
Average Number of Employees: Less than 10
Passive Ownership: No
Home Based: Is an option
B2B: Yes, but primarily B2C
Master Franchise Opportunities: No
Special Discount Programs: VetFran 15% off of Initial Franchise
Fee
Is Mr. Handyman a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. Mr. Handyman is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is Mr. Handyman a Home Based franchise?
Yes. Mr. Handyman is a home based franchise opportunity.
What Do Mr. Handyman Franchise Owners Make?
Click here to find out how much Mr. Handyman franchisees make. Mr. Handyman offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Mr. Handyman a Master Franchise Opportunity?
No. Mr. Handyman is not a master franchise opportunity.
Does Mr. Handyman Offer a Veteran Discount?
Yes. Mr. Handyman franchise does offer a veteran discount.
Does Mr. Handyman Work with E2 Visa and EB-5 Visa Candidates?
Yes. Mr. Handyman franchise does work with E2 Visa and EB-5 Visa candidates.
Is Mr. Handyman Looking for Franchisees in Canada?
Yes. Mr. Handyman franchise is looking for Canada franchisees.
Is Mr. Handyman Looking for International franchisees?
No. Mr. Handyman franchise is not looking for International franchisees.
Where can I see Mr. Handyman's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.