Training Expenses: Travel, Food and Lodging
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As Incurred

Mr. Handyman

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our Take
5. Additional Resources

1. Franchise Snapshot

Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Maintenance, Repair, & Restoration
Investment Range
$143,150-$179,600
Total US Locations
347
Franchise Units
347
Founding Year
2000
Started Offering Franchises
2000
Management Capacity
Owner Operator
Job Count
N/A
Prior E2 Investors?
Prior Visa Franchise Clients?
Royalty Fee
7%
Marketing Fee
2%
Franchise Fee
$65,000
Headquarters (City, State)
Waco, TX
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

*Information presented in these videos may change over time and may not reflect the most current franchise offering. Prospective franchisees should review the latest Franchise Disclosure Document (FDD) and consult directly with the franchisor for updated information.

2. Franchise Overview

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Overview

Mr. Handyman es una franquicia líder en servicios de reparación y mantenimiento del hogar y oficinas. Se especializa en brindar soluciones confiables, rápidas y profesionales para propietarios residenciales y comerciales. Los servicios incluyen: reparaciones del hogar, mantenimiento general, remodelaciones menores, instalación de accesorios, carpintería, pintura, drywall, y servicios de mejoras tanto en interiores como exteriores. La marca se enfoca en ofrecer un servicio consistente y de alta calidad con técnicos experimentados y uniformados, respaldados por una franquicia nacional reconocida en Estados Unidos.

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Management team / founders

Mr. Handyman forma parte del grupo Neighborly®, una organización que alberga varias franquicias de servicios para el hogar. La marca fue fundada en 1996 y ha crecido hasta convertirse en una de las compañías más reconocidas de su industria. El equipo directivo de Mr. Handyman incluye a gerentes operativos, especialistas en servicio al cliente y soporte corporativo de Neighborly. Su estructura de management se centra en apoyar a los franquiciados con capacitación continua, marketing, tecnología y mejores prácticas, asegurando que cada unidad mantenga estándares de servicio consistentes.

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Focus of owner for daily business operations

Como operador de Mr. Handyman, los principales enfoques diarios incluyen: 1.Gestión del personal técnico: Reclutar, contratar y supervisar a técnicos calificados, garantizando su capacitación y cumplimiento de estándares de servicio. 2.Atención al cliente: Coordinar y asegurar la satisfacción de clientes residenciales y comerciales, gestionando desde la recepción de llamadas hasta el seguimiento post-servicio. 3.Marketing local y networking: Construir relaciones con la comunidad y promover los servicios a través de campañas locales, networking y asociaciones con negocios locales. 4.Gestión operativa: Organizar rutas de servicio, controlar costos, mantener inventarios de materiales y asegurar la eficiencia en la prestación de servicios. 5.Cumplimiento de estándares de la franquicia: Implementar procesos y lineamientos corporativos de Neighborly para mantener la calidad y reputación de la marca.

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
7%
6%
6%
Marketing Fee
Franchise Fee
$65,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
$65,000
On signing Franchise Agreement
Initial Package Fee
$5,500
On signing Franchise Agreement
Vehicle Expenses -3 months
$3,000
$8,000
Before Opening
Computer Hardware Package
$3,500
$6,000
Before Opening
Real Estate and Utility Deposit – 3 months
$750
$3,000
Before Opening
Furniture, Fixtures and Office Equipment
$0
$1,500
As Incurred
Tools and Equipment to Equip One Van
$1,000
$2,000
Before Opening
Permits & Licenses
$100
$1,000
Before Opening
Initial opening equipment, uniforms and marketing materials
$6,000
$10,000
As Incurred
Prepaid Insurance Premiums—3 months
$1,800
$2,800
Before Opening
Training Expenses: Travel, Food and Lodging
$3,000
$4,000
As Incurred
Professional Fees
$0
$5,000
As Incurred
Additional Funds—3 months
$54,000
$74,000
As Incurred
TOTAL ESTIMATED INITIAL INVESTMENT
$143,150
$179,600
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
N/A
2022
297
308
+11
Franchised
2023
308
326
+18
N/A
2024
326
347
+21
N/A
2022
0
0
0
Company-Owned
2023
0
0
0
N/A
2024
0
0
0
N/A
2022
297
308
+11
Total Outlets
2023
308
326
+18
N/A
2024
326
347
+21
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
Mr. Handyman
Industry median
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Franchisor company financial information, if disclosed by the franchisor.
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

Mr. Handyman has been a trusted and established brand in the home improvement and repair industry since 1996. With strong backing from Neighborly®, franchisees benefit from proven systems, marketing support, and a recognized national brand. The business has the potential to be very profitable for operators who can effectively manage skilled technicians, deliver high-quality service, and build strong relationships with residential and commercial clients. This franchise is ideal for individuals with strong organizational and customer service skills, ability to oversee teams, and interest in growing a reputable local business in the home services industry.