HandyPro Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
HandyPro is a home services franchise providing handyman repairs, remodeling, and accessibility modifications for homes and businesses. Franchisees run local operations, dispatching craftsmen and managing customer accounts.
FranchiseVerdict summary · 2026
A HandyPro franchise requires a total initial investment of $70K – $130K, including a $10K franchise fee and an ongoing 6.0% royalty[2]. Per the 2023 FDD, average unit revenue was $302K[2]. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2023 FDD issuance
Overview
- Investment
- $70K – $130K
- 14th pct Home Services
- Avg gross sales
- $302K
- 4th pct Home Services
- Royalty
- 6.0%
- 15th pct Home Services
- Units
- 11
- 20th pct Home Services
- SBA charge-off
- N/A
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services avg · 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 $70K – $130K including a $10K franchise fee, 6.0% ongoing royalty.
- RETURNSAverage unit revenue of $302K/year (median $253K).
- RISKVerdict B (Above average), verdict score 56/100 (higher is better).
- 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
- HandyPro International, LLC
- Predecessor
- HandyPro Franchise, Inc.
- Prior franchisor entity
- CEO title
- Chief Executive Officer, Managing Member, Co-Founder
- Debra L. Paul
- CEO experience
- 28 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- MI
- HQ
- 22500 Orchard Lake Road, Suite A, Farmington, Michigan 48336
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $475K
- vs $477K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Debra L. Paul
- Headquarters
- MI
- Founded
- 2009
- FDD year
- 2023
- States available
- 9
Can you afford it, and what does the money buy?
Entry cost runs 56% below the typical home services franchise.
Source: FDD 2023 · Items 5–7
Full Item 7 breakdown14 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $10K | $10K | |
| Territory Fee | $40K | $40K | |
| Additional Territory Fee | $0 | $18K | |
| Training and Follow-up Operational Assistance Expenses | $950 | $2K | |
| Vehicle | $4K | $19K | |
| Equipment, Supplies & Inventory | $950 | $4K | |
| Marketing Package | $2K | $2K | |
| Insurance | $300 | $5K | |
| Home Modification Training Fees | $1K | $1K | |
| Real Estate and Improvements (3-months) | $0 | $2K | |
| Initial Marketing Expenditures (3-months) | $5K | $7K | |
| Bookkeeping Services | $1K | $2K | |
| Answering/Scheduling Services | $0 | $3K | |
| Additional Funds (3-months) | $6K | $15K | |
| Total initial investment | $70K | $130K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $70K – $130K
- Top 40% of category vs category
- Liquid capital req'd
- $6K – $15K
- Top 40% of category vs category
- Franchise fee
- $10K – $10K
- Top 40% of category vs category
- Royalty
- 6.0%
- Percentage of net revenue · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $299 |
| Training fee | $1K |
| Transfer fee | $10K |
| Renewal fee | $0 |
| Inventory (initial) | $950 – $4K |
What do units actually make?
Average unit sales run 76% below the home services norm.
Source: FDD 2023 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$36K
12.0% margin
Unlevered ROIC
33%
EBITDA / total invested capital
Payback
3.0 yrs
cash-on-cash, unlevered
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. The target band for an attractive franchise is 30–60% ROIC. Below that and a passive index fund likely outperforms; above that and the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses. It's the top line only. Operating costs below are category estimates. Override them to match your real lease quote, labor market, and build-out budget.
Returns model · single-unit ROIC
What would one HandyPro unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
33%
Within the 30–60% "attractive franchise" band
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%.
Levered LBO scenario · Yale Crease Capital framing
What would 25 HandyPro units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$302K
on $1.5M purchase
Total debt
$1.2M
SBA $0.8M + senior + seller note
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: 2023 FDD
Financial Performance
- Avg gross sales
- $302K
- Per unit, per year
- Median gross sales
- $253K
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- net revenue
- Sample size
- 9
- vs category median 32 · small
- Range (low → high)
- $27K→$997K
- Cohort dispersion (min → max)
- Reporting year
- 2022
- Fiscal year the figures cover
- Source filing
- FDD 2023
- Disclosed in the 2023 filing, covering 2022
Compared against 321 Home Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $302K/year in gross sales. Median is $253K — top performers pull the average up, so a typical unit earns less. Revenue-to-investment ratio: 3.0x.
Fee burden
6.0% royalty + 1.0% ad fund.
Operator retention
System roughly stable (0.0% 3-year CAGR) with 11 units.
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 Home Services averages
How HandyPro Compares
Is the system healthy?
Source: FDD 2023 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 11
- Opened
- 1
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 55.6%
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 82%
- vs corporate-owned
- Net growth (3-yr)
- +0.0%
- Net unit change over 3 years
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 1
- Closed (3yr)
- 4
- Terminated (3yr)
- 1
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 7
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 9 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
9
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 3 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 3
- Loan volume
- $309K
- Median loan
- $103K
- average
- Charge-off rate
- N/A
- limited sample (3 loans) — rate not shown below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 2
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
HandyPro Int'l LLC vs. HandyPro of York (No. 2016-154638-CB, Michigan Circuit Court, Oakland County). Franchisor sued franchisee for breach of contract, misappropriation of trade secrets, past-due royalties, trademark violations. Settled with consent judgment January 3, 2017.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavy
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
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
- Can negotiate own supplier terms: No
What are you signing up for?
Ongoing fees run about 7.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2023 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 7 years |
|---|---|
| Renewal term | 7 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Territory population | 60,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 50 mi |
| Right of first refusalℹ | No |
| Transfer requires consent | Yes |
| Termination notice | 15 days |
| Curable defaultsℹ | 8 |
| Mandatory arbitration | Yes |
| Arbitration location | Michigan (within 15 miles of headquarters in Farmington, Michigan) |
| Jury trial waiver | No |
| Governing law | state where HandyPro Business is located |
| Litigation count | 1 |
View Item 3 litigation summary
HandyPro Int'l LLC vs. HandyPro of York (No. 2016-154638-CB, Michigan Circuit Court, Oakland County). Franchisor sued franchisee for breach of contract, misappropriation of trade secrets, past-due royalties, trademark violations. Settled with consent judgment January 3, 2017.
Items 10, 11
Training & Operations
- Classroom training
- 24 hrs
- On-the-job training
- 13 hrs
- Training location
- Farmington, Michigan
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- Site selection
- franchisor designates territory; franchisee may choose office or home-based
- Franchisor financing
- Not offered
- Item 10
- POS system
- TruztPro Operating System (TOS)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: TruztPro Operating System (TOS)
Item 20 · call current owners
Franchisee Contacts
3 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
HandyPro · FDD (2023) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a HandyPro franchise?
The total investment to open a HandyPro franchise ranges from $70K – $130K, with an initial franchise fee of $10K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do HandyPro franchise owners earn?
According to Item 19 of the HandyPro FDD, the average gross sales per unit is $302K. The median is $253K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Item 19 in the HandyPro 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 HandyPro FDD and qualifies whose outlets they describe.
What is HandyPro's franchise failure rate?
SBA 7(a) loan charge-off data is not available for HandyPro (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many HandyPro franchise locations are there?
As of their most recent FDD filing, HandyPro has 11 total units in the United States, including 9 franchised units and 2 company-owned units. 1 new units were opened in the latest reporting year.
Is HandyPro a good franchise to buy?
FranchiseVerdict rates HandyPro as a B-grade franchise with a verdict score of 56 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. 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.