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Below is an in-depth analysis and side-by-side comparison of Handyman Connection vs HandyPro including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $101,831 - $159,000 | $70,640 - $128,643 |
Franchise Fee | $60,000 | $9,500 |
Royalty Fee | 5% | 6% |
Advertising Fee | 3% | 1% |
Year Founded | 1990 | 1996 |
Year Franchised | 1993 | 2000 |
Term Of Agreement | 10 years | 7 years |
Term Of Agreement | 10 years | 7 years |
Renewal Fee | 10% of franchise fee | 25% of initial franchise fee |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | In Depth Training "HandyPro Franchisees are taught how to run a business first" from the ground up. Then they are trained how to run a profitable HandyPro Business. A manager is with you at your Grand Opening for the first week to support you. This is a management business. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Unlimited Support You receive unlimited support from our corporate and *NO Inventory *Little Accounts Receivable *NO Trial & Error Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks |
Operations |
2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 10
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | No |
International Expansion | Yes | No |
Handyman Connection is part of the high demand, high growth home improvement services industry. Founded in 1990, Handyman Connection was created to address the question that many homeowners still have today. Where can I find qualified, reliable craftsman to do the small home repairs and small remodeling jobs in my home that I don't have the time, tools, or talent to do myself? And today, Handyman Connection continues to be the answer to that question for hundreds of thousands of homeowners across the United States and Canada.