Handypro Franchise FDD, Profits & Costs (2025)

HandyPro is a franchise that provides handyman services and specializes in home modifications tailored for seniors and individuals with disabilities. Established in 1996 in Farmington, Michigan, the company continues to operate from its original headquarters.

Identifying a growing demand for home adaptations that support independent living for older adults, HandyPro launched its franchising efforts in 2002, extending its reach nationwide.

What makes HandyPro stand out in the competitive home services market is its emphasis on ADA-compliant accessibility solutions. These include the installation of features like grab bars, wheelchair ramps, and walk-in showers.

By combining these specialized accessibility services with a broad range of general handyman solutions, HandyPro offers a distinctive approach that addresses the specific needs of an aging population.

Initial Investment

How much does it cost to start a HandyPro franchise? It costs on average between $70,000 – $130,000 to start a HandyPro franchised facility.

This includes expenses for tools, equipment, supplies, and initial operating costs. The exact amount varies based on factors such as the scope of services offered, the location, and whether the franchisee opts to lease or purchase a workspace.

Type of ExpenditureAmount
Initial Franchise Fee$9,500 – $9,500
Territory Fee$39,500 – $39,500
Additional Territory Fee$0 – $18,000
Training and Followup Operational Assistance Expenses$950 – $2,150
Vehicle$3,530 – $19,133
Equipment, Supplies & Inventory$950 – $4,150
Marketing Package$1,500 – $1,500
Insurance$300 – $5,000
Home Modification Training Fees$1,410 – $1,410
Real Estate and Improvements (3-months)$0 – $2,400
Initial Marketing Expenditures (3-months)$5,200 – $7,300
Bookkeeping Services$1,000 – $1,700
Answering/Scheduling Services$0 – $2,900
Additional Funds (3-months)$6,000 – $15,000
TOTAL ESTIMATED INITIAL INVESTMENT$69,840 – $129,643

Average Revenue (AUV)

How much revenue can you make with a HandyPro franchise? A HandyPro franchised business makes on average $269,000 in revenue (AUV) per year.

Here is the extract from the Franchise Disclosure Document:

HandyPro fdd item 19 extract

This compares to $433,000 yearly revenue for similar handyman franchises. Below are a few HandyPro competitors as a comparison:

HandyPro franchise competitors

Handypro Franchise Disclosure Document

Frequently Asked Questions

How many HandyPro locations are there?

As of the latest available data, HandyPro operates approximately 15 franchise locations across various states in the U.S., including Florida, Indiana, Maryland, Michigan, New Jersey, Ohio, Texas, Virginia, and West Virginia.

What is the total investment required to open a HandyPro franchise?

The total investment required to open a HandyPro franchise ranges from $70,000 to $130,000.

What are the ongoing fees for a HandyPro franchise?

HandyPro franchisees are obligated to pay an ongoing royalty fee of 6% of their gross sales. Additionally, there is an advertising fee set at 1% of gross sales. These fees contribute to the continuous support and national marketing efforts provided by the franchisor.

What are the financial requirements to become a HandyPro franchisee?

To qualify as a HandyPro franchisee, candidates should have a net worth between $100,000 and $175,000, along with liquid capital of at least $49,000. These financial prerequisites ensure that franchisees possess the necessary resources to establish and manage their business effectively.

How much can a HandyPro franchise owner expect to earn?

The average gross sales for a HandyPro franchise are approximately $0.27 million per location. Assuming a 15% operating profit margin, $0.27 million yearly revenue can result in $41,000 EBITDA annually.

Who owns HandyPro?

HandyPro is owned by its co-founders, Keith and Debra Paul, who established the company in 1996.

Disclaimer

Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.

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