|
Below is an in-depth analysis and side-by-side comparison of Handyman Matters vs House Doctors including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $91,777 - $136,569 | $98,900 - $129,550 |
Franchise Fee | $20,000 | $19,900 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | - |
Year Founded | 1997 | 1994 |
Year Franchised | 2001 | 1995 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $10.5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
||
Training | Ongoing training available as requested On-The-Job Training: 40 hours Classroom Training: 40 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing | Ad slicks |
Operations |
Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)
|
Franchise can be run from home.
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |