Handyman Connection is a franchise that provides a wide range of handyman services to homeowners. This includes carpentry, flooring, electrical, remodeling, and more. By providing a range of services under one brand banner, the company makes it easier for customers to find someone with the skills and experience they need, while broadening the income streams of the franchise and making it easier to find more work. Homeowners who find one service through Handyman Connection are likely to come back for others, as long as the service provided is reliable, high quality, and reasonably priced.
Though not a huge franchise, Handyman Connection has over 60 outlets across North America, and over 30 years of experience under its tool belt. The company is looking for flexible franchisees who can balance work with their own internal team, craftspeople, and clients. This could therefore be a good fit for someone who likes the people management side of business, and who wants to make a material difference to customers’ lives by helping them to maintain their homes.
In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:
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Colin started as a team member at 21 and now owns 6 locations in Tampa Bay. Lisa came from marketing and built 21 in San Diego. The most successful multi-unit owners move early and secure markets with room to grow. Use our free tool to search multiple ZIP codes and find franchises where you can still stack locations, before someone else does. A franchise specialist will be in touch to present what's available.Section I – Estimated initial investment (franchise costs) for a Handyman Connection franchise, based on Item 7 of the company’s 2025 FDD
Section II – Initial franchise fee, royalty fee, and marketing fee for a Handyman Connection franchise, based on Items 5 and 6 of the company’s 2025 FDD
Section III – Number of franchised and company-owned Handyman Connection outlets at the start of the year and the end of the year for 2022, 2023, and 2024, based on Item 20 of the company’s 2025 FDD
Section IV – News updates on the Handyman Connection franchise opportunity
Section V – Presentation and analysis of Handyman Connection’s financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2025 FDD, including information on the:
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When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code, and a territory specialist will walk you through the franchises still available near you, drawing on information that isn't publicly accessible, saving you months of wasted research.🔴Free Webinar: 6 Under-the-Radar Franchise Concepts That Serious Buyers Should Know
Every month we feature 6 standout franchises that could be the opportunity you've been looking for, each evaluated on disclosed financials and matched to the type of buyer most likely to succeed with it. Can't attend live on October 27 at 6PM EST? Register now and we'll send you the full recording the next day. Reserve your spot here.- 2024 average, median, high, and low gross sales and average job size for 29 out of the 30 U.S. Handyman Connection franchisees (representing 30 of the 31 franchised territory outlets in the U.S.), who were in operation for more than 12 months as of December 31, 2024 and were still operating as of the time of the current FDD, and were not sold during that 12-month period
- 2023 average, median, high, and low gross sales and average job size for 31 out of the 32 U.S. Handyman Connection franchisees (representing 33 of the 34 franchised territory outlets in the U.S.), who were in operation for more than 12 months as of December 31, 2023 and were still operating as of the time of the current FDD, and were not sold during that 12-month period
- 2022 average, median, high, and low gross sales and average job size for 32 out of the 33 U.S. Handyman Connection franchisees (representing 34 of the 35 franchised territory outlets in the U.S.) who were in operation for more than 12 months as of December 31, 2022 and were not sold during that 12-month period
- top 10 services that U.S. Handyman Connection franchisees have categorized as Quoting (or Estimating) in Handyman Connection’s technology system for all U.S. franchisees that were open and operating for any portion of the 2024 data period
- 2024 average, median, high, and low gross margin percentage for 28 of the 29 U.S. Handyman Connection franchisees (representing 29 franchised territory outlets) who were in operation for more than 12 months as of December 31, 2024, were still operating as of the time of the current FDD, were not sold during that 12-month period, and submitted their profit and loss statements to Handyman Connection
Section VI – Key ratios, comparables, computations, and analyses for the Handyman Connection franchise opportunity (exclusive content for Platinum subscribers)
Section I – Handyman Connection Franchise Costs
- Handyman Connection franchise costs, based on Item 7 of the company’s 2025 FDD:
- Initial Franchise Fee: $70,000
- Travel and Living Expenses While Training: $2,075 to $4,700
- Real Estate (leased): $1,800 to $4,800
- Office Equipment: $1,100 to $6,800
- Lease and Utility Deposits: $850 to $2,100
- Insurance: $2,537 to $7,664
- Licenses and Permits: $215 to $7,500
- Grand Opening Marketing, Advertising, and Promotion: $21,485 to $64,700
- Computer Hardware and Software: $1,425 to $9,225
- Proprietary Software License: $6,000 to $12,000
- Additional Funds – Working Capital (estimated for 3 months): $3,235 to $41,625
- Total Estimated Handyman Connection Franchise Costs: $110,722 to $231,114
Section II – Handyman Connection’s Initial Franchise Fee, Royalty Fee, and Marketing Fee
- Handyman Connection’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2025 FDD:
- Initial Franchise Fee: $70,000
- Royalty Fee: 6% of Gross Sales
- Minimum Royalty Fee: for the 3rd through 5th calendar years (2nd through 4th calendar years if the Franchise Agreement is signed in either January or February), the amount of Minimum Royalty is $13,500 per Household Group (HH Group) in your Territory; for the 6th through 10th calendar years (5th through 10th calendar years if the Franchise Agreement is signed in either January or February), the amount of Minimum Royalty is $21,000 per HH Group in your Territory
- Brand Development Fund Contributions: 2% of Gross Sales up to $3,000,000 of sales. The BDF Contribution will be reduced to an amount equal to (i) 1.5% for annual Gross Sales between $3,000,000 and $5,000,000, and (ii) 1% for annual Gross Sales over $5,000,000.
- Local Marketing (including Local Cooperative Fees, if applicable): 10% of Gross Sales over 1st year of operations, 8% of Gross Sales over each subsequent years
Section III – Number of Franchised and Company-Owned Handyman Connection Outlets
Franchised
2022
- Outlets at the Start of the Year: 61
- Outlets at the End of the Year: 58
- Net Change: -3
2023
- Outlets at the Start of the Year: 58
- Outlets at the End of the Year: 62
- Net Change: +4
2024
- Outlets at the Start of the Year: 62
- Outlets at the End of the Year: 65
- Net Change: +3
Company-Owned
2022
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When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code, and a territory specialist will walk you through the franchises still available near you, drawing on information that isn't publicly accessible, saving you months of wasted research.📈Dreaming of Multi‑Unit Success? Lock In Prime Territories Before They're Gone.
Colin started as a team member at 21 and now owns 6 locations in Tampa Bay. Lisa came from marketing and built 21 in San Diego. The most successful multi-unit owners move early and secure markets with room to grow. Use our free tool to search multiple ZIP codes and find franchises where you can still stack locations, before someone else does. A franchise specialist will be in touch to present what's available.- Outlets at the Start of the Year: 0
- Outlets at the End of the Year: 0
- Net Change: 0
2023
- Outlets at the Start of the Year: 0
- Outlets at the End of the Year: 0
- Net Change: 0
2024
- Outlets at the Start of the Year: 0
- Outlets at the End of the Year: 0
- Net Change: 0
Section IV – News Updates on the Handyman Connection Franchise
Section V – Financial Performance Representations (Average Revenues and/or Profits) for the Handyman Connection Franchise (Item 19, 2025 FDD)
- This Item sets forth certain historical data reported to Handyman Connection by franchisees of the Handyman Connection System. Handyman Connection has not audited this information, nor independently verified this information.
Part 1 – Annual Gross Sales, Leads from Repeat Customers and Referrals, and Top Categories of Services Quoted
- In 2023, Handyman Connection changed its required technology and reporting systems, and the information presented represents data from both systems as described below. As part of the transition, some data inconsistencies arose from the fact that certain fields were not originally designated as mandatory in the new system (such as the tracking of lead sources). For areas where Handyman Connection has incorrect or incomplete 2023 data, it has included 2022 data, and it does not believe that the corresponding 2023 data is materially different from the 2022 data.
A. Annual Gross Sales
- Part 1-A of this Item is created using information Handyman Connection has obtained directly from its new technology system, and provides Annual Gross Sales information for the period of January 1, 2024 through December 31, 2024 (the “2024 Data Period”).
- Part 1-A of this Item presents information for 29 out of the 30 U.S. franchisees (representing 30 of the 31 franchised territory outlets in the U.S.), who were in operation for more than 12 months as of December 31, 2024 and were still operating as of the time of the current FDD, and were not sold during that 12-month period (“Part 1-A Reporting Franchisees”).
- Excluded from Part 1-A of this Item 19 are 23 U.S. franchises which were not open and operating for the entire 2024 Data Period, or were not open and operating as of the Issuance Date of the current Franchise Disclosure Document, or were sold during the 2024 Data Period. This includes one legacy U.S. franchisee that does not report information via Handyman Connection’s current technology system and is excluded from the entirety of Item 19.
- The following table presents the following data for the Part 1-A Reporting Franchisees during the 2024 Data Period: (i) the Gross Sales reported to Handyman Connection; (ii) the high, low, average, and median Gross Sales; and (iii) certain information regarding average job size and territory size.
- In addition, this table shows the same information for the 31 out of the 32 U.S. franchises (representing 33 of the 34 franchised territory outlets in the U.S.), who were in operation for more than 12 months as of December 31, 2023 and were not sold during that period (“2023 Reporting Franchisees”) and 32 out of the 33 U.S. franchisees (representing 34 of the 35 franchised territory outlets in the U.S.), who were in operation for more than 12 months as of December 31, 2022 and were not sold during that period (“2022 Reporting Franchisees”).
2024
- Number of Reporting Franchisees in the U.S.: 29
- Cumulative Number of Territories Operated by Reporting Franchisees: 30
- High Gross Sales Among Reporting Franchisees: $1,883,603
- Low Gross Sales Among Reporting Franchisees: $134,913
- Average Gross Sales Among Reporting Franchisees: $642,439
- Median Gross Sales Among Reporting Franchisees: $502,945
- Average Job Size Among Reporting Franchisees: $1,233
- Number of Reporting Franchisees Exceeding the Average: 9 (31%)
- Average Number of Households/Single-Family Dwelling Units for Reporting Franchisees: 123,504
- Average Number of Households/Single-Family Dwelling Units for Reporting Franchisees Exceeding the Average: 157,455
2023
- Number of Reporting Franchisees in the U.S.: 31
- Cumulative Number of Territories Operated by Reporting Franchisees: 33
- High Gross Sales Among Reporting Franchisees: $2,429,030
- Low Gross Sales Among Reporting Franchisees: $236,617
- Average Gross Sales Among Reporting Franchisees: $681,982
- Median Gross Sales Among Reporting Franchisees: $511,572
- Average Job Size Among Reporting Franchisees: $1,202
- Number of Reporting Franchisees Exceeding the Average: 12 (39%)
- Average Number of Households/Single-Family Dwelling Units for Reporting Franchisees: 129,199
- Average Number of Households/Single-Family Dwelling Units for Reporting Franchisees Exceeding the Average: 146,194
2022
- Number of Reporting Franchisees in the U.S.: 32
- Cumulative Number of Territories Operated by Reporting Franchisees: 34
- High Gross Sales Among Reporting Franchisees: $2,833,548
- Low Gross Sales Among Reporting Franchisees: $269,531
- Average Gross Sales Among Reporting Franchisees: $715,448
- Median Gross Sales Among Reporting Franchisees: $523,460
- Average Job Size Among Reporting Franchisees: $1,191
- Number of Reporting Franchisees Exceeding the Average: 10 (31%)
- Average Number of Households/Single-Family Dwelling Units for Reporting Franchisees: 130,010
- Average Number of Households/Single-Family Dwelling Units for Reporting Franchisees Exceeding the Average: 156,810
- “Gross Sales” is defined as a franchisee’s total sales invoices or other items or services billed to the customer for all completed sales, less any discounts and cancellations reported to Handyman Connection on its software system (which did change in 2023 as noted above).
- Please note that some of these sales figures do not include the sale of materials. The Gross Sales figure forms the basis for the calculation of the Royalty Fee under the Franchise Agreement.
- The Territory presently being offered generally includes 75,000 to 100,000 Households (“HHs”).
B. Quote Breakdown
- Part 1-B lists the top 10 services that the U.S. franchisees categorized as “Quoting” (or “Estimating”) in Handyman Connection’s new technology system and a list of the top categories of services “Quoted” (or “Estimated”) in Handyman Connection’s system for the 2024 Data Period.
- Part 1-B includes data from all U.S. franchisees that were open and operating for any portion of the 2024 Data Period.
- The following table represents a listing of the top 10 services that the Part 1-B Reporting Franchisees have categorized as Quoting (or Estimating) in Handyman Connection’s technology system presented as a percentage of the total number of services Quoted during the 2024 Data Period.
- Please note that franchisees often will make more than one Quote on a job.
Summary of Top 10 Services Quoted and Categorized
- Handyman: 36.11% of total Quote items
- Carpentry: 15.03% of total Quote items
- Drywall: 7.90% of total Quote items
- Painting: 5.45% of total Quote items
- Remodeler: 5.00% of total Quote items
- Electrical: 4.46% of total Quote items
- Flooring: 4.22% of total Quote items
- Plumbing: 3.73% of total Quote items
- Deck: 3.71% of total Quote items
- Fencing: 3.15% of total Quote items
- Total: 88.76% of total Quote items
Part 2 – Gross Margin on Service Revenue
- Part 2 of this Item provides information regarding the Gross Margin on Service Revenue for the 2024 Data Period, based on unaudited Profit and Loss Statements (P&Ls) provided to Handyman Connection by the Part 2 Reporting Franchisees.
- Handyman Connection requested P&Ls from all of the operating U.S. franchisees other than the legacy franchisee described above.
- Of the 29 U.S. franchises included in Part 1-A, Handyman Connection did not receive P&Ls from one U.S. franchisee. In addition, one franchisee who operates in two territories combined his P&Ls and reported one set of numbers to Handyman Connection, and therefore they are represented as a single franchise in Part 2. Therefore, Part 2 includes 28 of the 29 Part 1-A Reporting Franchisees (representing 29 franchised territory outlets) (the “Part 2 Reporting Franchisees”).
- This table presents the Percentage Gross Margin on Total Revenue based on unaudited Profit and Loss Statements provided to Handyman Connection by the Part 2 Reporting Franchisees. The following table presents the high, low, average, and median percentage of Gross Margin on Total Revenue for the Reporting Businesses during the 2024 Data Period.
- Number of Reporting Franchisees: 28
- Cumulative Number of Territories Operated by Reporting Franchisees: 29
- High Gross Margin Percentage Among Reporting Franchisees’ P&Ls: 74.06%
- Low Gross Margin Percentage Among Reporting Franchisees’ P&Ls: 28.24%
- Average Gross Margin Percentage: 50.36%
- Median Gross Margin Percentage: 50.80%
- Number of Reporting Franchisees’ P&Ls Exceeding the Average Gross Margin: 14 / 50%
- Average Number of Households/Single-Family Dwelling Units for Reporting Franchisees: 124,296
- Average Number of Households/Single-Family Dwelling Units for Reporting Franchisees Exceeding the Average: 117,288
- “Gross Margin” is defined as Total Revenue – (Labor Cost + Material Cost), and “Gross Margin %” is defined as Total Revenue – (Labor Cost + Material Cost) / Total Revenue.
- “Total Revenue” is defined as revenue from both labor and materials.
- Handyman Connection received unaudited Profit and Loss Statements from 28 of the 29 Part 1-A Reporting Businesses (representing 29 Territories). Handyman Connection requested these statements from all franchisees that operated for 2024, other than the legacy franchisee described above. The one US franchisee who operates two territories combined his P&Ls and reported one set of numbers to Handyman Connection, and therefore they are represented as a single P&L. Therefore, Handyman Connection used a total of 28 P&Ls in connection with the data provided in the table above.
Section VI – Handyman Connection Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️
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