Handyman Connection Franchise Cost, Revenue & Review 2026
- Investment
- $116K – $239K
- Disclosed sales
- $575K
- gross sales, not profit
- SBA charge-off
- 24.0%
- on 43 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Handyman Connection is a home repair and remodeling franchise providing skilled craftsmen for residential jobs. Franchisees run the local business, booking work, dispatching craftsmen, and managing customer relationships.
FranchiseVerdict summary · 2026
A Handyman Connection franchise requires a total initial investment of $116K – $239K, including a $71K franchise fee and an ongoing 6.0% royalty[2]. Per the 2026 FDD, average revenue per territory was $575K. This franchisor reports Item 19 per territory rather than per outlet, so the figure is not comparable with per-outlet averages[2]. SBA 7(a) loans show a 24.0% charge-off rate across 43 loans[1]. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored8 of 8 headline figures on this page cite a page of the filing.
Overview
- Investment
- $116K – $239K
- 7th pct Service Resta…
- Avg gross sales
- $575K
- Per territory, not per outlet
- Royalty
- 6.0%
- 48th pct Service Resta…
- Units
- 65
- 70th pct Service Resta…
- SBA charge-off
- 24.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $116K – $239K including a $71K franchise fee, 6.0% ongoing royalty.
- RETURNSAverage revenue per territory of $575K/year (median $449K). Averaged per territory, not per outlet - not comparable with per-outlet figures.
- RISKVerdict B (Above average), verdict score 56/100 (higher is better). SBA loan charge-off rate of 24.0% across 43 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHFlat: no net change in franchised outlets in the latest year (10 opened, 8 closed) (Item 20).
- TERMSNo 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
Corporate structure & franchisor financials
- Legal entity
- Trident Investment Partners, Inc. d/b/a Handyman Connection
- Parent company
- JW, LLC
- FDD Item 1, page 7 of the 2026 FDD
- Predecessor
- Handyman Connection, Inc. (HCI)
- Prior franchisor entity
- CEO title
- Chief Executive Officer & President
- Jeffrey A. Wall
- Incorporated in
- IL
- HQ
- 11115 Kenwood Road, Blue Ash, Ohio 45242
- Auditor
- Miller, Cooper & Co., Ltd.
- Audited financials
- Franchisor revenue
- $3.8M
- vs $3.7M prior year
Overview
About
- CEO
- Jeffrey A. Wall
- Headquarters
- OH
- Founded
- 2013
- FDD year
- 2026
- States available
- 24
Can you afford it, and what does the money buy?
Entry cost runs 63% below the typical quick-service restaurants franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $71K | $71K |
| Working capital (3–6 mo) | $2K | $41K |
| Equipment, build-out, other | $43K | $127K |
| Total initial investment | $116K | $239K |
Source: Handyman Connection 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $116K – $239K
- Top 40% of category vs category
- Liquid capital req'd
- $2K – $41K
- Top 40% of category vs category
- Franchise fee
- $71K – $71K
- Bottom third — review vs category
- Royalty
- 6.0%
- typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $1 |
| Transfer fee | $13K |
| Renewal fee | $11K |
| Total fee load | 9.0% of rev |
What do units actually make?
Average unit sales run 41% below the quick-service restaurants norm.
Averaged per territory, not per outlet - not comparable with per-outlet figures
Source: FDD 2026 · Item 19
Single-unit · not modelled
Returns at a glance
An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for Handyman Connection until someone supplies them — yours, in the models below.
—
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
Total invested capital · disclosed
$199K
Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.
Returns model · single-unit ROIC
What would one Handyman Connection unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Not modelled yet
An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
Averaged per territory, not per outlet - not comparable with per-outlet figures
- Avg gross sales
- $575K
- Per territory, per year — not per outlet
- Median gross sales
- $449K
- Per territory, not per outlet
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross sales
- Sample size
- 27 territories
- vs category median 19
- Range (low → high)
- $83K→$2.0MCited, not corroborated — printed on page 53 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
- Cohort dispersion (min → max)
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
- Transparency
- 4 / 10
- vs category median 4 / 10 · typical
Compared against 781 Quick-Service Restaurants brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
The average territory generates $575K/year in gross sales. Median is $449K — top performers pull the average up, so a typical unit earns less.
Fee burden
Total ongoing fee load of 9.0% — above the Quick-Service Restaurants median of 7.5%.
Disclosure
Transparency score 4/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Operator retention
System roughly stable (+4.8% 3-year CAGR) with 65 units.
Multi-unit rate
Only 5% of franchisees own multiple units. Could indicate challenging economics or a young system where operators haven't had time to expand.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Quick-Service Restaurants medians
How Handyman Connection Compares
Per territory, not per outlet - the category median is per-outlet only, so no comparison is shown
Category median of published Quick-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 65
- Opened
- 10
- Last reporting year
- Closed
- 8
- Terminated
- 2
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 30.8%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Multi-unit owners
- 4.8%
- Net growth (3-yr)
- +4.8%
- Net unit change over 3 years
- 3-yr CAGR
- +4.8%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 2
- Not renewed
- 0
- Transferred
- 7
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 0
- 0.00 per open outlet · Item 20 Table 5
- Projected new
- 4
- Franchisor's next-year forecast
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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Where the owners are · Item 20 owner list
82 current owners across 26 states.
- WA 23
- TX 18
- MI 6
- CA 4
- CO 3
- FL 3
- IN 2
- KS 2
- KY 2
- OH 2
- UT 2
- AR 1
- +14 more states
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 43
- Loan volume
- $7.1M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 24.0%
- on 43 loans · rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 76.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 19
- Defaults
- 6
- Typical loan rate
- 8.4%
- avg rate to borrowers
- Franchised industry avg
- 17.1%
- brand above franchise avg ↑
- Jobs supported
- 274
- 3.9 per loan
- Lender concentration
- 33%
- top lender's share
Borrower mix: 88% went to startups / new businesses, 12% to established operators
Franchise vs independent — in residential remodelers, franchised businesses charge off at 17.1% vs 22.4% for independents — franchising is associated with 24% lower SBA default risk in this category.
Vintage analysis
Handyman Connection charge-off rate by loan vintage
Top lenders financing Handyman Connection franchisees
Showing 3 of 19 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for Handyman Connection from SBA 7(a) FOIA data.
- Principal loss rate
- 10.5%
- Avg SBA guarantee
- 76%
- Avg interest rate
- 8.45%
- Avg chargeoff amount
- $124K
- Lender concentration
- 32.6%
- Job velocity
- 3.9 per $100K
- NAICS benchmark
- 9.5%
- NAICS 236118
- Jobs supported
- 274
Top SBA lendersTop lender holds 33% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | United Midwest Savings Bank National Association | 14 | $2.0M | 50.0% |
| 2 | The Huntington National Bank | 4 | $387K | 0.0% |
| 3 | Readycap Lending, LLC | 3 | $437K | N/A |
| 4 | Self-Help Credit Union | 2 | $100K | 50.0% |
| 5 | U.S. Bank, National Association | 2 | $706K | 0.0% |
| 6 | Popular Bank | 2 | $650K | 50.0% |
| 7 | Stearns Bank National Association | 2 | $275K | 0.0% |
| 8 | Bell Bank | 2 | $400K | N/A |
| 9 | Union Bank | 2 | $144K | N/A |
| 10 | Pony Express Bank | 1 | $320K | 0.0% |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| GAGeorgia | 5 | 1 | 33.3% |
| MIMichigan | 5 | 0 | 0.0% |
| TXTexas | 5 | 1 | 33.3% |
| FLFlorida | 3 | 0 | 0.0% |
| ILIllinois | 3 | 1 | 50.0% |
| MNMinnesota | 3 | 0 | 0.0% |
| NCNorth Carolina | 3 | 1 | 50.0% |
| COColorado | 2 | 0 | 0.0% |
| KSKansas | 2 | 0 | 0.0% |
| KYKentucky | 2 | 0 | -- |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
A 24.0% charge-off rate means roughly 1 in 4 franchisees failed to repay their SBA loan. Investigate what changed.
What could kill this investment?
SBA loans charge off at 24.0% — 50% above the 16.0% national norm, i.e. higher lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Miller, Cooper & Co., Ltd.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Revenues of $3,793,553 (FY2025) per audited Statements of Income; franchisor is Trident Investment Partners, Inc. d/b/a Handyman Connection, fiscal year ending Dec 31. Operating loss of $(20,969) offset by interest income, yielding net income of $37,250.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 56 / 100 verdict
- 01MEDSmall unit base of 65 locations with unknown growth trajectory suggests limited system momentum
- 02MINORUnprotected territory creates direct competition risk; franchisees may cannibalize each other's revenue
- 03MEDHigh initial investment ($115k-$239k) relative to disclosed average revenue ($575k) without net income transparency
- 04MINOR10-year term with 6% royalty on gross (not net) creates ongoing cost burden even in unprofitable years
- 05MEDNo 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
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | No territory protection |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Territory population | 100,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 3 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 10 days |
| Mandatory arbitration | Yes |
| Arbitration location | Cincinnati/Hamilton County OH or Chicago IL (AAA) |
| Jury trial waiver | Yes |
| Governing law | OH |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 112 hrs
- On-the-job training
- 54 hrs
- Training location
- Home office or current franchisee offices, online/virtual or in Territory
- Ongoing training
- Required
- Time to open
- 2 mo
- From signing to launch
- Site selection
- franchisee
- Franchisor financing
- Not offered
- Item 10
- POS system
- Handyman Connection Proprietary Software
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Handyman Connection Proprietary Software
Item 20 · call current owners
Franchisee Contacts
82 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Handyman Connection franchise?
The total investment to open a Handyman Connection franchise ranges from $116K – $239K, with an initial franchise fee of $71K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Handyman Connection franchise owners earn?
According to Item 19 of the Handyman Connection FDD, the average gross sales per unit is $575K. The median is $449K. Important context: Averaged per territory, not per outlet - not comparable with per-outlet figures. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
Who owns Handyman Connection?
Handyman Connection is franchised by Trident Investment Partners, Inc. d/b/a Handyman Connection. Its parent company is JW, LLC. Source: FDD Item 1, 2026 filing.
What is Item 19 in the Handyman Connection FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Handyman Connection FDD and qualifies whose outlets they describe.
What is Handyman Connection's franchise failure rate?
Based on SBA 7(a) loan data, Handyman Connection has a charge-off rate of 24.0% across 43 loans, meaning 24.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Handyman Connection franchise locations are there?
As of their most recent FDD filing, Handyman Connection has 65 total units in the United States, including 65 franchised units and 0 company-owned units. 10 new units were opened in the latest reporting year.
Is Handyman Connection a good franchise to buy?
FranchiseVerdict rates Handyman Connection as a B-grade franchise with a verdict score of 56 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.