FranDB
MR. HANDYMAN

MR. HANDYMAN

Mr. Handyman franchises provide professional repair, maintenance, and improvement services to residential and business customers using a standardized business system. Franchisees offer a wide range of handyman services, including home repairs and improvements, targeting homeowners and commercial properties seeking reliable, professional assistance. The business model focuses on franchising this system, with support from the franchisor for operations in the U.S.

Since 2000ServicesWaco, TXNeighborly Assetco LLC (controlled by KKR)www.mrhandyman.com
Item 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$143,150 - $179,600
Franchise Fee
$65,000
Locations
347

Financial Requirements

Franchise Fee$65,000
Initial Investment Range$143,150 - $179,600
Royalty Rate7.00%
Brand Fund2.00%
Fixed Monthly Fees$430 - $530

7% royalty + 2% ad fund + $80/mo software system + $350-$450/mo call center fees

Franchise Stats

Franchise Locations347
Corporate Locations0
States Operating40
Franchising Since2000
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$1,349,194.08

Data Based On: Financial performance data is based on 151 franchisees operating a total of 310 franchised businesses that were in operation and reported sales for all 12 months of the calendar year 2024. This data is segmented by the number of franchised businesses/units owned by each franchisee (Single-Unit, 2-Unit, 3-Unit, 4-Unit, and 5 to 6 Unit Franchisees Groups).

* Calculated weighted average gross revenue from 'TABLE A – AVERAGE AND MEDIAN GROSS SALES FOR THE PERIOD OF JANUARY 1, 2024 TO DECEMBER 31, 2024' on page 2. The calculation used the '# of Reporting Franchised Businesses' as weights for the 'Average Gross Sales' of each group: (56 units * $763,264 + 120 units * $1,144,897 + 54 units * $1,379,962 + 32 units * $1,740,430 + 48 units * $2,248,084) / 310 total businesses = $1,349,194.08. An overall median gross revenue, top quartile, and bottom quartile revenues for all businesses are not explicitly provided or accurately derivable from the segmented data. The document explicitly states that the financial performance figures do not reflect costs of sales, operating expenses, or other costs/expenses to obtain net income or profit, hence all profit/income/EBITDA fields are null.

Extracted Item 19 Section

How MR. HANDYMAN Compares to Other Home Services Franchises

Key Insights

  • Lower than average SBA loan default rate in Home Services
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
MR. HANDYMAN
Current
$143K - $180K$65K7.0%347
MERRY MAIDS$127K - $166K$55K7.0%933
HOLIDAY LIGHTING HEROES$150K - $177K$127K10.0%653
SIGN GYPSIES$4K - $5K$1KN/A587
MOSQUITO AUTHORITY$54K - $128K$45K10.0%546
Culligan$130K - $814K$40K2.0%460
Home Services Average
129 franchises
$144K - $289K$53K7.0%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 129 Home Services franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States by Outlet Count
1TX
33
2FL
32
3CA
18
4MD
17
5NC
17
6MA
16
7PA
16
8NJ
16
9VA
16
10IL
15
11GA
12
12OH
12
13NY
11
14CT
11
15TN
11

+24 more states

SBA Loan History

Historical SBA 7(a) loan data for MR. HANDYMAN franchisees (2010 - 2025)

Total Loans
121
Average Loan Amount
$173,711
Total Loan Volume
$21,019,000
Default Rate
9.1%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
5
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
1
System Transfers
10
Sold to Franchisees
0
Projected New Franchises
24

Frequently Asked Questions

How much does it cost to open a MR. HANDYMAN franchise?

The total initial investment to open a MR. HANDYMAN franchise ranges from $143,150 to $179,600. This includes a franchise fee of $65,000. Ongoing royalty fees are 7.0% of gross sales.

How much revenue does a MR. HANDYMAN franchise make?

According to the 2025 FDD, the average gross revenue for a MR. HANDYMAN franchise is $1,349,194.08.

How many MR. HANDYMAN franchise locations are there?

As of the 2025 FDD, MR. HANDYMAN has 347 franchise locations. The company has been franchising since 2000.

Can you get an SBA loan for a MR. HANDYMAN franchise?

Yes, SBA loans are available for MR. HANDYMAN franchises. Historical data shows 121 SBA 7(a) loans have been approved for MR. HANDYMAN franchisees, with an average loan amount of $173,711. The historical default rate is 9.1%.

Is MR. HANDYMAN a good franchise to buy?

MR. HANDYMAN shows several positive indicators: established brand with 347+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in MR. HANDYMAN?

Talk to a franchise advisor to get personalized guidance and learn if MR. HANDYMAN is the right fit for you.

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