Franopolis

    Handyman Pro, LLC

    Franchise research report · reviewed 2021 disclosure data

    Researching Handyman Pro, LLC franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources
    Franchising since
    2019
    Source: franchise.org
    Headquarters
    Charlottesville, VA United States
    Source: franchise.org

    Handyman Pro is a friendly, neighborhood business that helps homeowners bridge the gap between limited handyman and professional contractor — with a wide range of services that helps homeowners create the home of their dreams, With low overhead and little risk, Handyman Pro offers the best experience in opening, operating and growing your own business. As a franchise owner with Premium Service Brands, you can expect a comprehensive training program, marketing expertise, proprietary systems technology, and on-going one-on-one business coaching to launch and accelerate your business growth.

    Headline figures

    Handyman Pro, LLC quick facts

    Is Handyman Pro, LLC a franchise?
    Yes. Handyman Pro, LLC offers franchises through a Franchise Disclosure Document. At the end of 2020, it reported 4 franchised and 0 company-owned outlets (2021 FDD, Item 20, PDF p. 41).
    How much does it cost to open a Handyman Pro, LLC franchise?
    The Handyman Pro, LLC Franchise Disclosure Document reports an estimated initial investment of $98,850–$142,500 (2021 FDD, Item 7, PDF p. 17). This is the franchisor's disclosed estimate, not a quote. Details
    What is the Handyman Pro, LLC initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $65,000 (2021 FDD, Item 5, PDF p. 14). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Handyman Pro, LLC charge?
    The disclosed ongoing royalty is 6% (2021 FDD, Item 6, PDF p. 15). The brand or advertising fund contribution is 2% (2021 FDD, Item 6, PDF p. 15). Other recurring fees are listed in Item 6. Details
    Does Handyman Pro, LLC disclose financial performance (Item 19)?
    Yes. The Handyman Pro, LLC FDD includes an Item 19 financial performance representation (2021 FDD, Item 19, PDF p. 38). Figures apply only to the locations and period each one covers. Details
    How many Handyman Pro, LLC locations are there?
    The FDD reports 4 outlets at the end of 2020 (2021 FDD, Item 20, PDF p. 41). Existing locations do not indicate territory availability. Details
    Is Handyman Pro, LLC a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $98,850 – $142,500 in the 2021 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 10 separate groups: revenue for 3 locations; other measures for 3 locations; revenue and other measures for 3 franchisees; costs for 2 franchisees; costs for 2 locations; other measures for 3 locations; other measures for 3 locations; revenue for 3 locations; revenue for 1 locations; revenue for 1 locations. They are not combined.
    3. 3Outlets held steady in 2020, to 4 (Systemwide, excluding one Ontario, Canada outlet, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2021 FDD · Item 7 · PDF p. 17

    Standard single-unit franchise fee

    2021 FDD · Item 5 · PDF p. 14
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty: 6% of Gross Sales; $150 per week minimumMain ongoing fee

    8 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    10 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Revenue · 3 locations

    Who is counted
    Three franchisees owning three Protected Territories with monthly Gross Sales reported for calendar year 2020.
    Excluded
    Excludes franchisees that opened or closed during 2020 without reporting every month and one Canadian franchisee.
    Method
    Franchisor states figures were compiled from franchisee reports and were not audited or independently verified.

    Locations counted: not stated in the reviewed record

    Other measures · 3 locations

    Who is counted
    The three franchisees reported for the relevant monthly operating metric during calendar year 2020.
    Period
    low (2020): $1,700
    Excluded
    The filing states this operating-information data includes the three franchisees operational throughout 2020; metric-specific franchisee counts are reported separately in the table.
    Method
    Compiled from RAG and Royalty Reports; franchisor states data was not audited or verified.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 3 locations

    Who is counted
    Franchisees included in the relevant 2020 Item 19 operating metric (3 reporting franchisees).
    Period
    high (2020): $355,517.07
    Excluded
    For the p.39 operating-information table, the filing says it includes the franchisees operational all of 2020; the number of reporting franchisees varies by metric and is kept separate.
    Method
    Compiled from RAG and Royalty Reports; franchisor states data was not audited or verified.

    Locations counted: not stated in the reviewed record

    Costs · 2 locations

    Who is counted
    Franchisees included in the relevant 2020 Item 19 operating metric (2 reporting franchisees).
    Period
    median (2020): $1,434
    Excluded
    For the p.39 operating-information table, the filing says it includes the franchisees operational all of 2020; the number of reporting franchisees varies by metric and is kept separate.
    Method
    Compiled from RAG and Royalty Reports; franchisor states data was not audited or verified.

    Locations counted: not stated in the reviewed record

    Costs · 2 locations

    Who is counted
    The 2-franchisee reporting group for this separate 2020 operating metric.
    Period
    low (2020): 13%
    Excluded
    For the 2020 operating-information table, the filing says the data includes franchisees operational throughout 2020; metrics with two reporting franchisees remain separate from metrics with three.
    Method
    Compiled from RAG and Royalty Reports; franchisor states data was not audited or verified.

    Locations counted: not stated in the reviewed record

    Other measures · 3 locations

    Who is counted
    The 3-franchisee reporting group for this separate 2020 operating metric.
    Period
    franchisees above average (2020): 1 zee
    Excluded
    For the 2020 operating-information table, the filing says the data includes franchisees operational throughout 2020; metrics with two reporting franchisees remain separate from metrics with three.
    Method
    Compiled from RAG and Royalty Reports; not audited or verified.

    Locations counted: not stated in the reviewed record

    Other measures · 3 locations

    Who is counted
    The franchisee marketing-spend cohort reported for calendar 2020.
    Period
    median (2020): $2,271
    Excluded
    The filing states this data includes the three franchisees operational all of 2020.
    Method
    Compiled from RAG and Royalty Reports; franchisor states data was not audited or verified.

    Locations counted: not stated in the reviewed record

    Revenue · 3 locations

    Who is counted
    Franchisees/Protected Territories with Gross Sales reported for every month of calendar 2020.
    Excluded
    Excludes franchisees that opened or closed during 2020 without reporting all months and one Canadian franchisee.
    Method
    Franchisor states figures were compiled from franchisee reports and were not audited or independently verified.

    Locations counted: not stated in the reviewed record

    Revenue · 1 locations

    Who is counted
    One franchisee operating only in December 2019 and all of 2020
    Excluded
    One Franchisee was only open for the month of December in 2019.
    Method
    Comparison stated in Item 19; franchisor states the information was not audited or verified.

    Locations counted: not stated in the reviewed record

    Revenue · 1 locations

    Who is counted
    One franchisee operating one complete quarter of 2019 and the entire 2020 calendar year
    Excluded
    One Franchisee was only open one complete quarter of 2019, specifically the 4th Quarterly of 2019.
    Method
    Comparison stated in Item 19; franchisor states the information was not audited or verified.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Systemwide, excluding one Ontario, Canada outlet, as labeled in the FDD · counts as of 2020 of each year.

    2021 FDD · Item 20 · PDF p. 41

    Net +4 outlets, 2018–2020

    0020184201942020+40

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2020 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2021 Item 7 estimate ($98,850 – $142,500) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 4 to 4 in 2020. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2021 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 17
    2. [2]Standard initial franchise fee — Item 5 · PDF p. 14
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Three franchisees owning three Protected Territories with monthly Gross Sales r… · PDF p. 38
    4. [4]Item 19 — Locations counted not stated in the reviewed record — The three franchisees reported for the relevant monthly operating metric during… · PDF p. 39
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Franchisees included in the relevant 2020 Item 19 operating metric (3 reporting… · PDF p. 39
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Franchisees included in the relevant 2020 Item 19 operating metric (2 reporting… · PDF p. 39
    7. [7]Item 19 — Locations counted not stated in the reviewed record — The 2-franchisee reporting group for this separate 2020 operating metric. · PDF p. 39
    8. [8]Item 19 — Locations counted not stated in the reviewed record — The 3-franchisee reporting group for this separate 2020 operating metric. · PDF p. 40
    9. [9]Item 19 — Locations counted not stated in the reviewed record — The franchisee marketing-spend cohort reported for calendar 2020. · PDF p. 39
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Franchisees/Protected Territories with Gross Sales reported for every month of… · PDF p. 38
    11. [11]Item 19 — Locations counted not stated in the reviewed record — One franchisee operating only in December 2019 and all of 2020 · PDF p. 40
    12. [12]Item 19 — Locations counted not stated in the reviewed record — One franchisee operating one complete quarter of 2019 and the entire 2020 calen… · PDF p. 40
    13. [13]Outlet counts — Item 20, Table 1 · PDF p. 41

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    No verified franchisor financial statement figures have been reviewed yet.

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format and overlapping investment range. This is not a ranking or recommendation.

    Bath Tune-UpHandyman ConnectionHouse Doctors & House MedicJet Black InternationalSam the Concrete ManBath Fitter

    Head-to-head comparisons

    Handyman Pro, LLC vs Bath Tune-UpHandyman Pro, LLC vs Handyman ConnectionHandyman Pro, LLC vs House Doctors & House MedicHandyman Pro, LLC vs Jet Black InternationalHandyman Pro, LLC vs Sam the Concrete ManHandyman Pro, LLC vs Bath Fitter
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 19 · PDF p. 40 · 2021 FDD

      Our summary: December 2019–December 2020 revenue growth comparison: 99%

      “When comparing December 2019 to December 2020, that Franchisee had a 99% growth in revenue.”

      Note: PDF p.40 supports the stated revenue-growth comparison for one franchisee, but it does not establish a whole-location sample count for that franchisee. The page therefore cannot settle the required location-level context.

    • Item 19 · PDF p. 40 · 2021 FDD

      Our summary: Fourth-quarter 2019–fourth-quarter 2020 revenue growth comparison: 60%

      “When comparing the 4th Quarter of 2019 to the 4th Quarter of 2020, the Franchisee had a 60% growth in revenue.”

      Note: PDF p.40 supports the stated revenue-growth comparison for one franchisee, but it does not establish a whole-location sample count for that franchisee. The page therefore cannot settle the required location-level context.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.