HandyPro Franchise Cost, Revenue & Review 2026
- Investment
- $70K – $130K
- Disclosed sales
- $302K
- gross sales, not profit
- SBA charge-off
- Under 10 loans (3)
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 →
Sources, dates and evidence
FDD issued: 2023 filing · Data extracted: · Last cited check: · Staleness risk: high - figures are from a filing two or more years old
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
- $70K – $130K
- 14th pct Home Services
- Avg gross sales
- $302K
- Net sales4th pct Home Services
- Royalty
- 6.0%
- 21st pct Home Services
- Units
- 11
- 19th pct Home Services
- SBA charge-off
- N/A
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services 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 $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).
- GROWTHPositive: net +1 franchised outlets in the latest year (1 opened, 0 closed) (Item 20).
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 41% 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%
- Set by a formula · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of net sales |
| Marketing / ad fund | 1.0% |
| 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 48% below the home services norm.
Reported as net sales, not gross sales
Source: FDD 2023 · 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 HandyPro 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
$110K
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 HandyPro 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: 2023 FDD
Financial Performance
Reported as net sales, not gross sales
- 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 sales
- Sample size
- 9 franchisees
- vs category median 32 · small
- Range (low → high)
- $27K→$997KCited, not corroborated — printed on page 42 of the 2023 FDD. Nothing else in our record independently restates or re-derives it.
- 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 319 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 medians
How HandyPro Compares
Category median of published Home Services 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 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
Last fiscal year · Item 20 exits and transfers
- Terminated
- 0
- Not renewed
- 0
- Transferred
- 0
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 0
- 0.00 per open outlet · Item 20 Table 5
- Projected new
- 3
- 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
- Under 10 loans (3)
- Insufficient SBA coverage: 3 loans, rate hidden below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- Under 10 loans (3)
- 5-yr charge-off
- Under 10 loans (3)
- 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)
Subject: the franchisor is a named party (plaintiff).
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)
Item 21 audited financial statements (Exhibit E, audited as of Dec 31, 2022/2021/2020) are referenced but the financial-statement pages were not OCR-extracted in this text file (scanned exhibit), so no franchisor balance-sheet or income-statement figures could be verified. Item 8 mentions 2021 total revenues of $475,366, but this is not from the audited statement and was not used for franchisor financial fields.
ⓘ 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 territory |
| Protected territory | Yes |
| 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
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. Important context: Reported as net sales, not gross sales. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
Who owns HandyPro?
HandyPro is franchised by HandyPro International, LLC. Source: FDD Item 1, 2023 filing.
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). 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.