🍟 9/19/2024 – Home Repairs, Big Profits
FRANCHISE OF THE WEEK
Handyman Connection
Fast Facts
Background
- HQ: Blue Ash, OH
- Founded in 1990, franchising since 1991
- Handyman Connection is a franchise that specializes in home repairs and remodeling.
Location Trends
Franchise Fees
- Royalty: 5%
- Brand Fund: 3%
- Franchise Fee: $65,000
Financial Overview
- The below table discloses information on 32 US franchises who were in operation for more than 12 months as of December 31, 2022.
The Wolf’s Take 🍟
Handyman Connection has been franchising since 1991, so they’ve had plenty of time to fine-tune their model. They offer a solid franchise package for those looking to tap into the home services market, which is consistently in demand.
With a franchise fee of $65,000, it’s not the cheapest investment out there, but for the right entrepreneur, the potential return could be well worth it. The royalty fee is at 5%, with a 3% brand fund, so you’re looking at competitive ongoing costs compared to other franchises in the space.
Handyman Connection is all about building long-term relationships with customers, providing services that homeowners trust and rely on. From simple home repairs to more complex remodeling projects, this franchise offers a range of services—which is great because it means recurring revenue potential from repeat customers.
If you’re looking for a franchise with a proven model, strong brand recognition, and the ability to scale, Handyman Connection might be worth a closer look. The home repair market isn’t slowing down anytime soon, and this franchise positions itself well in a space that people need every day.
Resources
- Handyman Connection Franchise Website
- From light fixtures to kitchen remodels, Handyman Connection has the right person for the job
SMB TWEET OF THE WEEK
Pushing Past Judgment – Gary Vaynerchuk
Gary Vaynerchuk is no stranger to the small business grind—he spent most of his teenage years helping grow his family’s wine business.
One of the best “hacks” to building a new brand is simply ignoring most of the judgment that comes from outside peers and continuing to take action.
And in the realm of franchising, you can always rely on the support and systems in place designed to help you succeed.