The growth rate of the Handyman Service Franchise industry in the United States surpassed that of the overall Business Franchises sector. The fact that the Covid-19 pandemic compelled numerous individuals to switch to remote work and homeschooling for children is widely known. Consequently, this situation yielded unforeseen consequences. One significant outcome was that individuals had the opportunity to thoroughly examine their homes and identify issues that needed attention. Whether it was a difficult-to-reach light bulb, damaged deckings, or torn screens, the demand for handyman services surged, resulting in it becoming a highly lucrative franchise opportunity.
According to IBISWorld, in 2022, the revenue-based market size of the Handyman Service Franchises industry reached $4.7 billion. Over the period of 2017 to 2022, the industry experienced an average annual growth rate of 3.1% in the United States.
Reasons to Invest in a Handyman Franchise
The following are some of the primary reasons why you should consider investing in a Handyman franchise:
A franchise company’s success can be measured by its proven business methods and the positive results it generates. Before making a decision, prospective franchisees are provided with detailed disclosures to investigate and verify the experiences of existing franchisees. Building a strong brand is a significant advantage of franchising, as it creates customer recognition and trust on a regional or national level.
Franchise companies typically offer training programs designed to familiarize franchisees with successful business operations and growth strategies. They provide ongoing support from experienced staff, allowing franchisees to seek assistance during challenging times or share innovative ideas for business expansion.
Marketing assistance is another valuable aspect of franchising, where franchise companies provide proven tools and strategies for customer attraction and retention. Their dedicated marketing staff helps franchisees develop effective marketing plans and budgets for grand openings and ongoing business promotion.
Avoidance of risks
One of the primary benefits of buying a franchise is the potential to minimize the risks associated with starting a new business. Through thorough due diligence, prospective franchisees can assess the franchise opportunity and gain a reasonable level of certainty about the potential outcomes.
Top 10 Handyman Franchises in the USA
1.In & Out Handyman
In & Out Handyman is a well-established company that offers dependable, skilled, and punctual repair and remodeling services to residential and commercial properties. In 1998, Mike Klimek founded the company in Las Vegas, Nevada. In recognition of their exceptional work and straightforward business approach, In & Out Handyman was honored with the prestigious “Best of Las Vegas” award. Building on its success, the company expanded its operations to different communities nationwide, ensuring the same high-quality services are available to customers.
The franchise requires an investment of $41,000 with a franchise fee of $29,000.
2.A Caring Home Care Services
A Caring Home Care Services was established in 2007 in the Southwestern region of Louisiana. Our primary objective is to deliver high-quality home care services to our valued customers. We take pride in our ability to complete our services promptly and efficiently, always staying within the designated budget. With a collective experience of more than two decades in diverse areas of home care services, our team brings a wealth of expertise to our operations. As we transition into a franchisor, our goal is to expand our reputable brand and exceptional services throughout North America.
The franchise requires an investment of $56,510 and a franchise fee of $30,000.
Handyman Connection was established in 1990 and started offering franchise opportunities in 1991. With franchisees located across the United States and Canada, Handyman Connection specializes in providing residential home renovation, repair, and remodeling services for small to medium-sized projects.
The franchise requires an investment of $99,860 and a franchise fee of $60,000.
Yellow Van Handyman is a member of the HomeTask franchise, which also includes other franchises such as Freggies, Lawn Army, and Pet Butler. The founder of HomeTask, Jerrod Sessler, leveraged his background in construction to establish the Handyman franchise in 2002. In 2004, Yellow Van Handyman became the first brand within the HomeTask franchise to offer franchising opportunities.
The franchise requires an investment of $38,950 and a franchise fee of $15,000.
Brad Fluke relocated to Bristol, Virginia in 2002 to assist his father in managing a newly established handyman business. Taking on the role of company president, he initiated the franchising of the Honey Do Service concept in 2008. Honey Do Service franchisees provide repair and maintenance solutions for typical household issues.
The franchise requires an investment of $64,200 with a franchise fee of $29,000.
Embark on your entrepreneurial journey with a low-cost entry as a home-based business by joining the American Gutter Monkey franchise team. Our franchise opportunity offers you the chance to transform your life and create wealth for yourself.
Sears Home Services, a prominent home services provider, handles millions of service and installation calls each year for a range of services. As a trusted advisor for homeowners across America, Sears Home Services has gained a strong reputation. Now, you have the opportunity to be a part of the Sears story by owning your own franchise, Sears Handyman Solutions.
HandyPro franchisees provide a wide range of handyman services for both residential and commercial properties. These services encompass various tasks such as painting, plumbing, electrical work, drywall repairs, and tile and grout installations. In addition, they offer home-modification services designed to assist seniors and individuals with disabilities. These services include bathroom remodeling, widening doorways, and installing wheelchair ramps.
The franchise requires an investment of $70,640 and a franchise fee of $9,500.
In the early 1990s, Tom Harris established Andy OnCall to deliver handyman and remodeling services while he was involved in home construction. In 1999, the company expanded its operations by offering franchise opportunities. As part of the franchise, individuals manage a team of contractors who handle a range of tasks, from small handyman jobs to complete remodels.
You’ve Got MAIDS has earned recognition from Entrepreneur Magazine for three consecutive years on their prestigious Franchise 500 List. It has been honored as the #16 Top New Franchise, Top Low-Cost Franchise, Top Startup, and Top Innovative Franchise. Additionally, Franchise Business Review has included You’ve Got MAIDS in their Top 200 List, The Best of the Best, Best Veterans Franchise, and Best Low-Cost Franchise.
To franchise requires an investment of $36,394 and a franchise fee of $6,999.
Conclusion: Should You Buy a Handyman Franchise for Sale?
Regardless of whether it pertains to handyman business for sale or not, may not be suitable for everyone. Therefore, it is crucial to carefully consider your personality and leadership style before committing to a franchise fee. One significant advantage of entering the handyman industry is its potential for growth, with expectations of expansion in the future. Investing in a reliable and potentially successful business or industry is a common preference for many individuals. Franchising offers a way to minimize the risk of failure. By opting for a handyman franchise or any other type of business franchise, you can benefit from comprehensive training and support systems that enhance your chances of success. Since franchise companies receive royalty fees based on franchisee performance, they have a vested interest in ensuring your business thrives and prospers.
However, always remember that it is important to conduct individual research and evaluation of each franchise opportunity, considering personal goals, interests, and skills. Seeking advice from professionals such as franchise lawyers and accountants can further enhance the decision-making process.