Start-Up Costs and Fees |
||
| Handyman Connection | Mr. Appliance | |
| Investment | 101831 - 159000 | 47350 - 99120 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5% | 4-7% |
| Advertising Fee | 3% | 2% |
| Year Founded | 1990 | 1996 |
| Year Franchised | 1993 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Handyman Connection | Mr. Appliance | |
| Experience | General business experience Marketing skills | It is helpful, but not necessary to have industry specific, general business and marketing experience. |
Financing Options |
||
| Handyman Connection | Mr. Appliance | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Handyman Connection | Mr. Appliance | |
| Training | Regional meetings | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | We produce and distribute various training materials, programs, manuals and newsletters to our franchisees, and we facilitate the holding of local, regional and/or national conferences in order to encourage networking and exchange of ideas for the purpose of making your franchise more profitable. Other support for our franchisees includes a purchasing co-op, a grand opening program and a national website. |
| Marketing | Ad slicks, National media, Regional advertising | Typical marketing for our franchise includes door hangers, flyers, newspaper and magazines ads, yellow page ads, television and radio commercials, the use of social media, co-op advertising, ad slicks and national media. |
| Operations | 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Handyman Connection | Mr. Appliance | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Handyman Connection | |
| Mr. Appliance | |
| Franchise Fee | |
| Handyman Connection | |
| Mr. Appliance | |
| Royalty Fee | |
| Handyman Connection | 5% |
| Mr. Appliance | 4-7% |
| Advertising Fee | |
| Handyman Connection | 3% |
| Mr. Appliance | 2% |
| Year Founded | |
| Handyman Connection | 1990 |
| Mr. Appliance | 1996 |
| Year Franchised | |
| Handyman Connection | 1993 |
| Mr. Appliance | 1996 |
| Term Of Agreement | |
| Handyman Connection | 10 years |
| Mr. Appliance | 10 years |
| Renewal Fee | |
| Handyman Connection | 10% of franchise fee |
| Mr. Appliance | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Handyman Connection | General business experience Marketing skills |
| Mr. Appliance | It is helpful, but not necessary to have industry specific, general business and marketing experience. |
Financing Options |
|
| Franchise Fees | |
| Handyman Connection | No |
| Mr. Appliance | No |
| Start-up Costs | |
| Handyman Connection | |
| Mr. Appliance | |
| Equipment | |
| Handyman Connection} | |
| Mr. Appliance | |
| Inventory | |
| Handyman Connection | |
| Mr. Appliance | |
| Receivables | |
| Handyman Connection | |
| Mr. Appliance | |
| Payroll | |
| Handyman Connection | |
| Mr. Appliance | |
Training & Support |
|
| Training | |
| Handyman Connection | |
| Mr. Appliance | Regional meetings |
| Support | |
| Handyman Connection | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Mr. Appliance | We produce and distribute various training materials, programs, manuals and newsletters to our franchisees, and we facilitate the holding of local, regional and/or national conferences in order to encourage networking and exchange of ideas for the purpose of making your franchise more profitable. Other support for our franchisees includes a purchasing co-op, a grand opening program and a national website. |
| Marketing | |
| Handyman Connection | Ad slicks, National media, Regional advertising |
| Mr. Appliance | Typical marketing for our franchise includes door hangers, flyers, newspaper and magazines ads, yellow page ads, television and radio commercials, the use of social media, co-op advertising, ad slicks and national media. |
| Operations | |
| Handyman Connection | 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| Mr. Appliance | Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Handyman Connection | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Mr. Appliance | |
| Canada Expansion | |
| Handyman Connection | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Mr. Appliance | |
| International Expansion | |
| Handyman Connection | Canada, |
| Mr. Appliance | |