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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

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.

347locations
$143K–$180K
Since 2000
ServicesWaco, TXNeighborly Assetco LLC (controlled by KKR)www.mrhandyman.comDisclaimer

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Franchise Costs

Franchise Fee
$65,000
Initial Investment
$143,150 – $179,600
Royalty Rate
7.00%
Brand Fund
2.00%
Fixed Monthly Fees
$430 – $530

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

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

Avg. Revenue: $1,349,194

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MR. HANDYMAN Franchise Analysis

Homeowners everywhere dread the endless list of small repairs piling up, but what if you could turn that frustration into a thriving business? Mr. Handyman, backed by private equity giant KKR through Neighborly, has built a system around delivering reliable fixes since 2000. Item 19 unveils standout average gross revenues for its franchisees, and a deep SBA loan history hints at accessible financing with some real-world hurdles—does this setup promise steady income in a recession-resistant niche? Unlock the numbers to see if it matches your goals.

Item 7 lays out the financial entry: a $65,000 franchise fee and total initial investment of $143,150 to $179,600, covering vehicles, tools, insurance, and three months' working capital. Ongoing fees hit 7% royalty on gross sales plus 2% brand fund, plus fixed $80/month software and $350-$450/month call center costs—keeping operations streamlined but adding up for lower-volume units. Item 19 shines here, reporting average gross revenue of $1,349,194 across disclosing locations, suggesting strong top-line potential in a market where residential and commercial clients pay premiums for vetted pros. For context, that's well above many service peers, fueled by repeat business and upselling improvements.

System vitality looks solid: 347 locations as of 2024 FDD (up 6% from 326 in 2023), with 24 projected new units signaling franchisor confidence. Litigation stays low, but 5 terminations and 10 transfers indicate occasional exits—watch for regional saturation. SBA stats bolster credibility with 121 approved loans averaging $173,711 and a 9.1% default rate, better than riskier sectors but a reminder to stress-test your local demand. Buyers eyeing home services will appreciate the turnkey model, yet Item 20 trends and FDD footnotes on call center reliance demand scrutiny to project personal cash flow.

Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How MR. HANDYMAN Compares

Key Insights

  • Lower than average SBA loan default rate in Home Services
FranchiseInvestmentFeeRoyaltyLocations
MR. HANDYMAN
Current
$143K – $180K$65K7.0%347
MERRY MAIDS$127K – $166K$55K7.0%933
HOLIDAY LIGHTING HEROES$136K – $164K$118K10.0%672
MOSQUITO AUTHORITY$54K – $128K$45K10.0%546
Culligan$130K – $814K$40K2.0%460
MOSQUITO JOE$150K – $192K$43K10.0%415
Home Services Average
136 franchises
$142K – $269K$52K6.9%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 136 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
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

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SBA Loan History


Historical SBA 7(a) loan data for MR. HANDYMAN franchisees (20102025)

Total Loans
121
Average Loan
$173,711
Total Volume
$21.0M
Default Rate
9.1%

Loans by Year

SBA 7(a) loan activity over time

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

121 SBA loans on record

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Franchisee Contacts

243 franchisee contacts on file from official FDD filings.

243 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
5
Non-Renewals
0
Reacquired
0
Ceased Ops
1
Transfers
10
Sold to Franchisees
0
Projected New
24

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Frequently Asked Questions

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.