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Updated RecentlyHandyman Network vs The Honey Do Service, Inc. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Handyman Network vs The Honey Do Service, Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $99,369 - $148,756 | $85,630 - $122,200 |
| Franchise Fee | $60,000 | $29,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 12%1st year, then10% | 1% |
| Year Founded | 2000 | 2002 |
| Year Franchised | 2002 | 2008 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal 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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | We offer off-site training at Honey Do Franchising Group training center in Bristol Virginia. This off-site training is designed around a four week period to be comprehensive in all the areas necessary to be successful at your new adventure. This training includes, but not limited to, instruction and training on obtaining your General Contractor's License, local licensing, bookkeeping, estimating, sales, human resources, office procedures and hands-on training with the local agency. This training is designed to give you all the tools and experiences necessary to get you into a productive state as quickly as possible. Our training team will also travel to your location and provide on-site training to assure that your opening goes as smoothly and successfully as possible. We help get you up and running and then some. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Honey Do Franchising Group commitment to your success extends to IT support as well. We provide dedicated web pages that are designed for your local use, including your own contact pages on our web site for your specific location. |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Honey Do Franchising Group commitment to quality extends well beyond normal support services. To ensure superiority in every aspect of your business, Honey Do Franchising Groups Support Services team offers print and promotional items as well as training materials to franchisees. It is the philosophy of the Honey Do Franchising Group to eliminate the major commitment of marketing of our franchisees. As a franchisee, materials are available for your use in your territory. We have developed and approved television commercials, radio spots, direct mail postcards, door hangers, press releases, vehicle wraps and other advertising promotions for your use. As a franchisee, you get professionally produced marketing, advertising and public relations material. All our marketing and advertising logos and approved material is available electronically via our website. |
| Operations |
Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Handyman Network
Over the years he realized that there was a growing need for a professional and reliable "company" that could provide homeowners with small to medium-sized home repairs and improvements.
In 1995 he left a career in real estate management to become a full-time handyman, and began servicing clients throughout Los Angeles. While servicing his clients, he began developing some of the unique methods for delivering service used by Handyman Network today.
In March of 2000, after more than a year of development, the first Handyman Network office opened in Long Beach, California.
In less than 2 years, Handyman Network had become one of the leading home improvement companies in Southern California and the US (2004 marked the third straight year that Handyman Network was recognized as one of the Top 500 remodeling contractors in the US by Qualified Remodeler magazine) employing dozens of highly-skilled handymen and servicing thousands of clients throughout Southern California.
Today, Handyman Network is a rapidly-growing national handyman franchise company with locations throughout North America. Handyman Network will enter dozens of cities over the next couple of years, with the goal of bringing professional, reliable and consistent service to a segment of the market that sorely needs it.
The handyman is a uniquely-talented individual who can be an invaluable resource for any home. Being a handyman is more than just being able to fix a problem, it?s about being there for a family as a helping hand whenever they need it.
About The Honey Do Service, Inc.
One of the most popular franchise concepts of the past 30 years has been in the area of home-maintenance franchises.The Honey Do Service provides a convenient and desired service to do the around the house jobs that are part of maintaining a home in our society, especially in two-income homes where neither spouse has the time or energy (or perhaps the skills) to do the maintenance needed. In years past, the husband worked and the wife stayed at home. Whenever things needed fixing around the house, the wife started a "Honey Do" list for her husband to do. Typically, vacations were spent working on the "Honey Do" list. Times have changed and most couples both work outside of the home. What has not changed is things still break, gutters need cleaning, the house needs updating and someone needs to do these things. For that reason, The Honey Do Service, Inc. has become a valuable franchise. We are designed to address a list of common problems that need to be fixed around the home--anything from a leaking faucet to a door that sticks to a hard to reach light bulb (this is actually the most commonly requested task in the handyman business). The handyman business can be a very profitable business. Since it's a service franchise, there's virtually no cost of goods sold and the contribution margins (after paying labor costs) are typically very high.