Brand Introduction
Mr. Handyman, a subsidiary of Neighborly®, is a premier home improvement and maintenance services franchise established in 1996. With a strong presence across the United States and Canada, the brand is known for its reliable, professional, and customer-centric services. Mr. Handyman has built a solid reputation by offering a wide range of home repair solutions tailored to meet the unique needs of homeowners and small businesses. The brand’s commitment to excellence has garnered widespread recognition, making it one of the most trusted names in the home services industry.
Key achievements include numerous franchise awards and accolades for service quality, customer satisfaction, and franchisee support. The brand prides itself on its ability to provide reliable and efficient solutions, backed by years of industry expertise.
Space Requirements
- Minimum Required Area: 1,000 square feet
- Maximum Recommended Area: 1,500 square feet
- Location Preferences: Office or commercial spaces with easy accessibility, ideally in high-traffic areas or near residential neighborhoods.
Investment Requirements
- Estimated Initial Investment: $117,500 to $149,100
- Franchise Fee: $59,900
- Store Setup and Equipment: $35,000 – $50,000
- Initial Inventory and Supplies: $5,000 – $10,000
- Operational Costs (First 3 Months): $15,000 – $25,000
- Marketing Budget: $5,000 – $10,000
Note: Costs may vary based on location, space size, and market conditions.
Business Details
- Overview of Products/Services
Mr. Handyman specializes in a wide range of services, including:- Home repairs and maintenance
- Carpentry and remodeling
- Furniture assembly
- Drywall installation and repair
- Painting services
- Seasonal home maintenance (e.g., gutter cleaning, pressure washing)
- Target Customer Base
- Homeowners looking for reliable repair and maintenance services
- Small businesses requiring on-site maintenance support
- Real estate agents and property managers
- Unique Selling Points (USPs):
- One-stop solution for various home improvement needs
- Skilled and background-checked technicians
- Transparent pricing with no hidden charges
- Flexible scheduling for customer convenience
- Product Features:
- High-quality workmanship
- Comprehensive warranty on services
- Affordable pricing with tailored packages
Franchise Conditions
- Experience Requirements:
- Prior experience in the home improvement or services industry is preferred but not mandatory.
- Location Preferences:
- Areas with a mix of residential and small commercial properties.
- Staffing Requirements:
- Minimum of 3-5 skilled technicians, with a focus on carpentry and general repair skills.
- Financial and Operational Prerequisites:
- Strong financial standing with access to initial capital.
- Commitment to maintaining the brand’s quality standards and customer service protocols.
Franchise Benefits
- Brand Recognition and Market Trust:
- Leverage the reputation of a nationally recognized home services leader.
- Profit Margins and ROI:
- Competitive pricing models and efficient operations ensure a lucrative business opportunity.
- Support Provided by the Brand:
- Comprehensive Training: Initial and ongoing training programs for franchise owners and staff.
- Marketing Support: National and local advertising campaigns, along with digital marketing tools.
- Inventory Management: Guidance on sourcing and managing supplies.
- Operational Support: Access to proprietary software for scheduling, billing, and customer management.
- Unique Features:
- Membership in the Neighborly® family, providing access to cross-marketing opportunities with other home service brands.
- Exclusive territory rights, ensuring no competition within a designated area.
Company USPs
- Customer Loyalty: Decades of trusted service have built a loyal customer base.
- Product Range: Comprehensive service offerings address nearly all home maintenance needs.
- Pricing Strategy: Transparent and competitive pricing attracts a broad customer demographic.
- Supply Chain Efficiency: Efficient processes ensure timely service delivery and reduced operational costs.
- Ethical Business Practices: Commitment to quality, safety, and customer satisfaction.
No-Guarantee Disclaimer
The brand does not guarantee specific profit margins, business success, or return on investment (ROI). All information provided is accurate to the best of the company’s knowledge but may be subject to change based on market dynamics or operational requirements. Franchisees are encouraged to conduct their due diligence and understand the risks involved before entering into the agreement.