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.
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
Financial Requirements
7% royalty + 2% ad fund + $80/mo software system + $350-$450/mo call center fees
Franchise Stats
Financial Performance
Item 19 Financial Performance
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
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
MR. HANDYMAN Current | $143K - $180K | $65K | 7.0% | 347 |
| MERRY MAIDS | $127K - $166K | $55K | 7.0% | 933 |
| HOLIDAY LIGHTING HEROES | $150K - $177K | $127K | 10.0% | 653 |
| SIGN GYPSIES | $4K - $5K | $1K | N/A | 587 |
| MOSQUITO AUTHORITY | $54K - $128K | $45K | 10.0% | 546 |
| Culligan | $130K - $814K | $40K | 2.0% | 460 |
Home Services Average 129 franchises | $144K - $289K | $53K | 7.0% | - |
* 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
+24 more states
SBA Loan History
Historical SBA 7(a) loan data for MR. HANDYMAN franchisees (2010 - 2025)
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)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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?
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