Franchise opportunities compared

    Closet Factory vs Mr. Handyman

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Closet Factory

    $531,500 – $903,500

    2026 FDD · Item 7 · PDF p. 13

    Mr. Handyman

    $161,900

    2026 FDD · Item 7 · PDF p. 38

    Initial franchise fee · Item 5

    Closet Factory

    Not available

    Mr. Handyman

    $67,000

    2026 FDD · Item 5 · PDF p. 23

    Royalty · Item 6

    Closet Factory

    6.75% of Gross Receipts or $975 per week, whichever is greater; minimum royalty begins the 40th week following opening

    2026 FDD · Item 6 · PDF p. 9

    Mr. Handyman

    Not available

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (Closet Factory: 1, Mr. Handyman: 6). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Closet Factory

    $531,500 – $903,500
    TOTAL
    2026 FDD · Item 7 · PDF p. 13

    Mr. Handyman

    $161,900
    TOTAL ESTIMATED INITIAL INVESTMENT
    2026 FDD · Item 7 · PDF p. 38
    Standard initial franchise fee (Item 5)

    Closet Factory

    Not available
    No single standard fee identified

    Mr. Handyman

    $67,000
    2026 FDD · Item 5 · PDF p. 23
    Royalty (Item 6)

    Closet Factory

    6.75% of Gross Receipts or $975 per week, whichever is greater; minimum royalty begins the 40th week following opening
    Royalty
    2026 FDD · Item 6 · PDF p. 9

    Mr. Handyman

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    Closet Factory

    $675
    Potential Customer Lead Referral Fee - national advertising initiative — Not to exceed national average cost per core sales lead for prior fiscal year
    2026 FDD · Item 6 · PDF p. 12

    Mr. Handyman

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Closet Factory

    92
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 40

    Mr. Handyman

    357
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 76
    Net outlet change (Item 20)

    Closet Factory

    +8
    Calculated: 84 at end of 2023 → 92 at end of 2025

    Mr. Handyman

    +31
    Calculated: 326 at end of 2023 → 357 at end of 2025
    Outlet exits (Item 20)

    Closet Factory

    Not available
    No complete exit records for a year

    Mr. Handyman

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Closet Factory

    December 1985
    2026 FDD · Item 1 · PDF p. 7

    Mr. Handyman

    September 2000
    2026 FDD · Item 1 · PDF p. 10
    Franchisor founded (Item 1)

    Closet Factory

    1985
    2026 FDD · Item 1 · PDF p. 7

    Mr. Handyman

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    CFCloset Factory
    Franchised and company-owned (50 locations) — revenue
    $3,885,157
    other Gross Sales
    2026 FDD · Item 19 · PDF p. 38
    Mr. Handyman
    Franchised (22 locations) — revenue
    $1,240,458
    median Gross Sales
    2026 FDD · Item 19 · PDF p. 74
    Franchised (67 locations) — revenue
    $1,057,118
    mean Gross Sales
    2026 FDD · Item 19 · PDF p. 74
    Franchised (12 locations) — revenue
    $1,794,704
    mean Gross Sales
    2026 FDD · Item 19 · PDF p. 74
    +3 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Closet Factory vs Mr. Handyman: common questions

    Which costs less to open, Closet Factory or Mr. Handyman?
    Closet Factory: $531,500 – $903,500 (2026 FDD · Item 7 · PDF p. 13); Mr. Handyman: $161,900 (2026 FDD · Item 7 · PDF p. 38). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Mr. Handyman. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, Closet Factory or Mr. Handyman?
    Closet Factory: 92 (2026 FDD · Item 20 · PDF p. 40); Mr. Handyman: 357 (2026 FDD · Item 20 · PDF p. 76). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Closet Factory and Mr. Handyman disclose financial performance (Item 19)?
    Closet Factory has reviewed Item 19 figures for 1 location group; Mr. Handyman has reviewed Item 19 figures for 6 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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