Handyman Connection
Bottom line
- Total investment $116K – $239K including a $71K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $575K/year (median $449K).
- Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 66 loans (below the industry average).
- No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Handyman Connection unit return on the cash you put in?
Unlevered ROIC · per unit
41%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Handyman Connection units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$805K
on $4.0M purchase
Total debt
$3.2M
SBA $2.0M + senior + seller note
Overview
About
Franchisees operate local handyman service businesses, managing technician crews or performing repairs themselves across residential properties. Day-to-day involves booking appointments, dispatching teams, completing jobs (plumbing, electrical, carpentry, general repairs), invoicing clients, and managing customer relationships. Success depends on local marketing, technician quality, and operational efficiency.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 26 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Handyman Connection presents elevated risk due to opaque financials (no Item 19), unprotected territories, stagnant unit growth, and unclear franchisor viability—unsuitable for investors requiring transparent ROI validation.
Score breakdown · what drove the 49 / 100 rating
- 01MEDNo Item 19 financial disclosure (avg net income not disclosed) — cannot verify profitability claims
- 02MEDSmall unit base of 65 locations with unknown growth trajectory suggests limited system momentum
- 03MINORUnprotected territory creates direct competition risk; franchisees may cannibalize each other's revenue
- 04MEDHigh initial investment ($115k-$239k) relative to disclosed average revenue ($575k) without net income transparency
- 05MINOR10-year term with 6% royalty on gross (not net) creates ongoing cost burden even in unprofitable years
- 06HIGHGoing Concern status is FALSE — indicates potential franchisor financial instability or disclosure issues
- 07HIGHNo litigation disclosed is a positive, but combined with other factors suggests weak franchisee advocacy/awareness
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
82 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Handyman Connection · FDD (2026) PDF