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Updated RecentlyBenjamin Franklin Plumbing vs The Honey Do Service, Inc. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Benjamin Franklin Plumbing 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 | $37,556 - $204,261 | $85,630 - $122,200 |
| Franchise Fee | $43,000 | $29,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3% | 1% |
| Year Founded | 2000 | 2002 |
| Year Franchised | 2001 | 2008 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 50% of 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 | Yes/Yes | -/- |
| Start-up Costs | Yes/Yes | -/- |
| Equipment | Yes/Yes | -/- |
| Inventory | Yes/Yes | -/- |
| Receivables | Yes/Yes | -/- |
| Payroll | Yes/Yes | -/- |
Training & Support |
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| Training | Available at headquarters, Available at franchisee's location | 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, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 | 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 |
37% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 12
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Benjamin Franklin Plumbing
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.