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HANDYMAN CONNECTION specializes in the small to medium size home repair and remodeling industry. We offer a turnkey package that includes marketing, advertising and a complete training program.
Franchisor Background
Year Established: 1990
Franchising Since: 1993
Operating Units: |
| Franchised Units: | 163 | | 99.4% | | |
| Company-Owned Units: | 1 | | 0.6% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 164 | | 100% | | |
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Geographic Distribution: |
| U.S.: | 137 | | 85.1% | | In 33 States |
| Canada: | 24 | | 14.9% | | In 0 Canadian Provinces |
| International: | 0 | | 0% | | In 0 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 161 | | 100% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. California | 40 | | 2. Florida | 17 | | 3. Texas | 6 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin
Financial Requirements
Investment: |
| Minimum Net Worth: | $250K |
| Cash Investment: | $80-90K |
| Total Investment: | $65-125K |
| Average Total Investment: | $95K |
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Fees: |
| Initial Franchise Fee: | $25-40K |
| Average Franchise Fee: | $32K |
| On-Going Royalty: | 7% |
| Average Royalty: | 7% |
| Advertising Fee: | 2% |
Average Number of Employees: 3 Full-time, 0 Part-time
Space Needs (in square footage): 750-1,500
Preferred Sites: Free-standing Building
Other Sites: Industrial Warehouse
Encourage Conversions? Not Applicable
Earnings Claims Provided? Yes
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | Yes |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | Yes, Member |
| Size of Corporate Staff: | 14 |
| Site Selection Assistance? | Not Applicable |
| Lease Negotiation Assistance? | No |
| Financial Assistance? | Yes, Indirect |
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Marketing Support: |
| Co-Op Advertising: | No |
| National Advertising: | Yes |
| Regional Advertising: | Yes |
| Local Advertising: | Yes |
| Marketing Materials: | Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos |
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Online Extranet, Press Releases, Sales Strategies |
| Other Marketing Support: | None Specified |
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On-Going Support: |
| Central Data Processing: | Not Applicable |
| Central Purchasing: | Not Applicable |
| Field Operation Evaluation: | Included in Fees |
| Field Training: | Included in Fees |
| Initial Store Opening: | Included in Fees |
| Inventory Control: | Not Applicable |
| Franchisee Newsletter: | Included in Fees |
| Regional or National Meetings: | At Additional Cost |
| 800 Telephone Hotline: | Included in Fees |
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Training: |
| 1. Headquarters (Cincinnati, OH) | 2 Weeks | | 2. Franchisee Location | 1 Week |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| Financial Net Worth: | 4 |
| General Business Experience: | 4 |
| Specific Industry Experience: | 2 |
| Formal Education: | 3 |
| Psychological Profile: | 2 |
| Personal Interview(s): | 5 |
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Minority Representation
Units Owned by Minorities: |
| African-American: | N/A |
| Asian-American: | N/A |
| Hispanic: | N/A |
| Native American: | N/A |
| Other: | N/A |
| Specific Minority: | N/A |
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Terms of Contract
| Term of Initial Contract: | 10/5/5 Year(s) |
| Term of Renewal Period: | Year(s) |
| Passive Ownership: | Allowed, But Discouraged |
| Area Development Agreements? | No |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 15
| U.S.: | Yes, All United States |
| Canada: | Yes, All Canada |
| Overseas: | Yes, All Countries |
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