Ace Handyman Services Franchise FDD, Profits & Costs (2025)
Founded in 1998, Ace Handyman Services has distinguished itself in the home improvement industry through its commitment to professional and dependable handyman services. The significant acquisition by the esteemed Ace Hardware in 2019 marked a new chapter for the company.
With its headquarters in Denver, Colorado, Ace Handyman Services efficiently manages its broad array of services throughout the United States from this strategic location.
Shortly after its founding, the company embarked on a franchising venture, aiming to broaden its influence and presence by enabling local business owners to adopt and implement Ace Handyman’s innovative service model within their communities.
Their comprehensive service offerings range from simple repairs to extensive home renovation projects, effectively meeting a wide array of customer demands.
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Initial Investment
How much does it cost to start a Ace Handyman Services franchise? It costs on average between $96,000 – $220,000 to start a Ace Handyman Services franchised store.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of facility you choose, the location, and whether the franchisee chooses to lease or purchase the property. Indeed, Ace Handyman Services offers 2 types of franchises:
| Business Type | Estimated Initial Investment |
|---|---|
| AHS Business | $131,077 to $220,297 |
| Mini AHS Business | $96,077 to $165,297 |
We are summarizing below the main costs associated with opening a Ace Handyman Services franchised business. For more information on costs required to start a Ace Handyman Services franchise, refer to the Franchise Disclosure Document (Item 7).
| Type of Expenditure | Amount (Low – High) |
|---|---|
| Initial Franchise Fee | $70,000 – $100,000 |
| Travel and living expense while training | $3,500 – $6,000 |
| Lease Deposit | $1,000 – $3,000 |
| Rent for first 3 months | $3,000 – $4,500 |
| Leasehold Improvements and Signage | $800 – $5,000 |
| Furnishings | $800 – $5,000 |
| Tools and equipment | $0 – $3,500 |
| Truck or Van | $0 – $6,000 |
| Computer Hardware and Office Equipment | $2,250 – $5,000 |
| Software and Internet Fees (3 months) | $1,497 |
| Initial Marketing Spend | $11,000 – $16,000 |
| Utility deposits and fees | $100 – $700 |
| Licenses and permits | $630 – $3,500 |
| Insurance | $4,000 – $5,100 |
| Professional fees | $500 – $6,000 |
| Miscellaneous opening costs | $2,000 – $4,500 |
| Additional Funds (3 months) | $30,000 – $45,000 |
| TOTAL | $131,077 – $220,297 |
Average Revenue (AUV)
How much revenue can you make with a Ace Handyman Services franchise? A Ace Handyman Services franchise business makes on average $591,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $342,000 yearly revenue for similar handyman franchises. Below are 10 Ace Handyman Services competitors as a comparison:
The most profitable franchises to own in 2025
We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Ace Handyman Services Franchise Disclosure Document
Frequently Asked Questions
How many Ace Handyman Services locations are there?
As of the most recent data, Ace Handyman Services operates over 362 locations across the United States. These locations are spread across 45 states, with ongoing expansion efforts to increase its presence.
What is the total investment required to open a Ace Handyman Services franchise?
The total investment required to open a Ace Handyman Services franchise ranges from $96,000 to $220,000.
What are the ongoing fees for a Ace Handyman Services franchise?
For an Ace Handyman Services franchise, the ongoing royalty fee is 6% of gross revenue, which is paid regularly to the franchisor for continued use of the brand and support.
In addition to the royalty fee, franchisees are also required to pay a 2% marketing fee. This fee contributes to the brand’s advertising and promotional efforts to help maintain brand visibility and attract customers at a national and local level.
What are the financial requirements to become a Ace Handyman Services franchisee?
To become a franchisee of Ace Handyman Services, you must meet certain financial requirements. Prospective franchisees are required to have a minimum net worth of $250,000 and liquid capital of at least $75,000.
These financial criteria ensure that franchisees have the necessary resources to cover startup costs, operational expenses, and unforeseen challenges that may arise during the early stages of the business.
How much can a Ace Handyman Services franchise owner expect to earn?
The average gross sales for a Ace Handyman Services franchise are approximately $0.59 million per location. Assuming a 15% operating profit margin, $0.59 million yearly revenue can result in $89,000 EBITDA annually.
Who owns Ace Handyman Services?
Ace Handyman Services is owned by Ace Hardware Corporation. Ace Hardware acquired the Handyman Matters franchise in 2019 and rebranded it as Ace Handyman Services.
This acquisition allowed Ace Hardware to expand its service offerings beyond retail products, providing customers with home repair and improvement services through its established network of franchisees.
Disclaimer
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