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Small Business Franchise opportunities with Mr. Handyman from The Franchise Guy


Mr. Handyman
Small Business Franchise Opportunity

Description

Mr. Handyman is the solution to today's fix-it problems for millions of time-starved families. Our franchise caters to homeowners and commercial customers needing property maintenance and repair.

Mr. Handyman has been selected as one of Entrepreneur Magazine's "Top 50 New Franchises" in 2002 & 2003, "Franchise 500" in 2002 & 2003, and "Fastest Growing Franchises" in 2002 & 2003.

Background

Year Established: 2000
Year First Franchised: 2001
Franchised Units: 150+ in US and Canada
Company Owned Units: 2

Financial Terms

Cash Investment: $42,000-$46,000
Total Investment: $90,000-$110,000, including working capital
Minimum Net Worth: $250,000
Franchise Fee: $9,900 / Initial Package: $9,500 / Territory Fee: $30,000
Royalty: 7%
Advertising Costs: 1.25%
Average Number of Employees: Varies
Passive Ownership: No / Owner-Operated

Support & Training Provided

Financial Assistance Provided: No
Site Selection Assistance: N/A
Lease Negotiation Assistance: Yes, if needed
Co-Operative Advertising: Yes
Training: 1-2 month Right Start program, 5 days of training at home office, field visits, continual phone support, monthly conference calls, intranet site, newsletter, regional meetings, and annual convention.

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