Start-Up Costs and Fees |
||
| HandyMan HQ | Mr. Appliance | |
| Investment | 25000 - 40000 | 47350 - 99120 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 4-7% |
| Advertising Fee | 2% | |
| Year Founded | 2005 | 1996 |
| Year Franchised | 2005 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HandyMan HQ | Mr. Appliance | |
| Experience | It is helpful, but not necessary to have industry specific, general business and marketing experience. | |
Financing Options |
||
| HandyMan HQ | Mr. Appliance | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HandyMan HQ | Mr. Appliance | |
| Training | Available at headquarters: 4 weeks | Regional meetings |
| Support | We produce and distribute various training materials, programs, manuals and newsletters to our franchisees, and we facilitate the holding of local, regional and/or national conferences in order to encourage networking and exchange of ideas for the purpose of making your franchise more profitable. Other support for our franchisees includes a purchasing co-op, a grand opening program and a national website. | |
| Marketing | Typical marketing for our franchise includes door hangers, flyers, newspaper and magazines ads, yellow page ads, television and radio commercials, the use of social media, co-op advertising, ad slicks and national media. | |
| Operations | Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| HandyMan HQ | Mr. Appliance | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HandyMan HQ | |
| Mr. Appliance | |
| Franchise Fee | |
| HandyMan HQ | |
| Mr. Appliance | |
| Royalty Fee | |
| HandyMan HQ | 6% |
| Mr. Appliance | 4-7% |
| Advertising Fee | |
| HandyMan HQ | |
| Mr. Appliance | 2% |
| Year Founded | |
| HandyMan HQ | 2005 |
| Mr. Appliance | 1996 |
| Year Franchised | |
| HandyMan HQ | 2005 |
| Mr. Appliance | 1996 |
| Term Of Agreement | |
| HandyMan HQ | 10 years |
| Mr. Appliance | 10 years |
| Renewal Fee | |
| HandyMan HQ | $1,000 |
| Mr. Appliance | $5,000 |
Business Experience Requirements |
|
| Experience | |
| HandyMan HQ | |
| Mr. Appliance | It is helpful, but not necessary to have industry specific, general business and marketing experience. |
Financing Options |
|
| Franchise Fees | |
| HandyMan HQ | |
| Mr. Appliance | |
| Start-up Costs | |
| HandyMan HQ | |
| Mr. Appliance | |
| Equipment | |
| HandyMan HQ} | |
| Mr. Appliance | |
| Inventory | |
| HandyMan HQ | |
| Mr. Appliance | |
| Receivables | |
| HandyMan HQ | |
| Mr. Appliance | |
| Payroll | |
| HandyMan HQ | |
| Mr. Appliance | |
Training & Support |
|
| Training | |
| HandyMan HQ | Available at headquarters: 4 weeks |
| Mr. Appliance | Regional meetings |
| Support | |
| HandyMan HQ | |
| Mr. Appliance | We produce and distribute various training materials, programs, manuals and newsletters to our franchisees, and we facilitate the holding of local, regional and/or national conferences in order to encourage networking and exchange of ideas for the purpose of making your franchise more profitable. Other support for our franchisees includes a purchasing co-op, a grand opening program and a national website. |
| Marketing | |
| HandyMan HQ | |
| Mr. Appliance | Typical marketing for our franchise includes door hangers, flyers, newspaper and magazines ads, yellow page ads, television and radio commercials, the use of social media, co-op advertising, ad slicks and national media. |
| Operations | |
| HandyMan HQ | |
| Mr. Appliance | Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| HandyMan HQ | |
| Mr. Appliance | |
| Canada Expansion | |
| HandyMan HQ | |
| Mr. Appliance | |
| International Expansion | |
| HandyMan HQ | |
| Mr. Appliance | |