Investment

The financial requirements to own a Handyman Matters business are listed in our Item 7 from our FDD and copied below. At the end of the day this is going to be:

  • Your Asset
  • Your Business
  • Your Investment for the future.

Therefore, when the time comes to sell the business or pass it on to a family member, you will have great value as being part of a national brand.

As with any business, there is an investment both monetarily and with your time. You should always ask yourself, why would I spend this when I could do it on my own. The answer with Handyman Matters lies in the business model, systems and procedures that have been perfected for nearly 20 years and the amount of support our franchise offers.

Your investment in Handyman Matters provides:

  • Business Ownership in a robust and growing segment, with recurring revenue streams.
  • Proprietary Systems to start and grow your business.
  • A Strong Brand and name in the Home Service and construction industry.
  • Marketing and Operations support at all times, guiding your business.
  • A founder-owned and led company standing with you and behind you.
  • Protected Territory

Item 7
Estimated Initial Investment
Your Estimated Initial Investment

 Type of ExpenditureAmountMethod of
Payment
When DueTo Whom
Payment is
to be Made
Initial Franchise Fee$20,000Lump sum or
Finance
At signing of
Franchise
Agreement
Us
Territory Fee$25,000 – $30,000Lump sum or
Finance
At signing of
Franchise
Agreement
Us
Travel and living expense while
training
$1,500 – $2,500As incurredAs incurred
during training
Airlines,
hotels,
restaurants,
auto rental
Lease Deposit$0 – $1,850Lump sumAt signing of
lease and for
term
Lessor
Rent for first 3 months$0 – $2,500As incurredMonthlyLessor
Leasehold Improvements and
Signage
$0 – $5,000Will varyAs incurredContractor
or Suppliers
Furnishings$800 – $5,000Will varyAs incurredSuppliers
Tools and equipment$0 – $2,800Lump sumAt deliverySuppliers
Computer Hardware, Software
and Office Equipment
$2,250 – $5,025As neededBefore training
and as incurred
Third Party
Software Fees$450As incurred,
monthly
MonthlyUs
Internet Fees$477As incurred,
monthly
MonthlyUs
Start-up advertising (from 30
days before opening through
end of the 2nd full month after
opening)
$3,500 – $7,000As incurredVaried times
from preopening
to
post-opening
Suppliers
Utility deposits and fees$0 – $450As incurredMonthlyUtility
companies
Licenses and permits$630 – $1,600Lump sumAt time of
application
Government
agencies or
third parties
Insurance$1,500 – $2,800As incurredMonthlyInsurance
companies
Truck or Van$0 – $1,950As incurredMonthlySuppliers
Professional fees$500 – $3,000As incurredAs agreedAttorneys,
accountants
and other
consultants
Miscellaneous opening costs$200 – $4,500As incurredVaried timesSuppliers,
vendors
Additional Funds$10,000 – $20,000As incurredVaried timesSuppliers,
utilities,
vendors

 

See Item 7 of the Handyman Matters 2016 Franchise Disclosure Document for more information

Performance Refund

The initial investment can drive FEAR…. Therefore we put our Money where our Mouth is! How confident are we that our model will bring you success quickly?  If you do not obtain $200,000 in Gross Revenue during the first 12 months of business we will refund 50% of your Franchise Fee!

What Can I Make?