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Mr. Handyman Franchise Cost, Revenue & Review 2026

Home ServicesTXFranchising since 2000
CAverageAverage40/100Editorial grade from public filings; not investment advice.
Investment
$162K – $215K
Disclosed sales
$774K
gross sales, not profit
SBA charge-off
25.0%
on 147 loans

Investment, fees, disclosed sales, units, SBA record and risk, as one PDF. Free; no spam; one click to unsubscribe.

FV-01706FDD 2026Data QualityExcellent95%
Manager-run OKYes: Protected territory

Data from FDD filing + SBA 7(a) records

Analysis by FranchiseVerdict Research · Methodology

Mr. Handyman is a home-services franchise providing residential and commercial repairs and maintenance, carpentry, drywall, painting, and small projects. Franchisees run an operation dispatching skilled technicians and managing customers in a protected territory.

FranchiseVerdict summary · 2026

A Mr. Handyman franchise requires a total initial investment of $162K – $215K, including a $67K franchise fee and an ongoing 7.0% royalty[2]. Per the 2026 FDD, average revenue per franchisee was $774K. This franchisor reports Item 19 per franchisee rather than per outlet, so the figure is not comparable with per-outlet averages[2]. SBA 7(a) loans show a 25.0% charge-off rate across 147 loans[1]. FranchiseVerdict grade: C (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
$162K – $215K
65th pct Home Services
Avg gross sales
$774K
Per franchisee, not per outlet
Royalty
7.0%
48th pct Home Services
Units
357
83rd pct Home Services
SBA charge-off
25.0%
% of SBA 7(a) loans not repaid · median varies by category

Quick verdict · Home Services · color = vs category peers

Total Investment
$162K – $215K
Median $168K
above median ↑, worse than category
Franchise Fee
$67K – $67K
Median $50K
above median ↑, worse than category
Liquid Capital Req'd
$60K – $90K
Median $29K
above median ↑, worse than category
Avg Revenue
$774K
Median $587K
Per franchisee, not per outlet
Royalty Rate
7.0%
Median 6.0%
above median ↑, worse than category
Ongoing Fees
9.0% of rev
Median 8.0%
above median ↑, worse than category
SBA Charge-Off Rate
25.0%
147 loans · Median 15.4%
above median ↑, worse than category
System Size
357 units
Median 47 units
above median ↑, better than category
Turnover Rate
3.4%
Median 4.3%
below median ↓, better than category
Territory
Protected, not exclusive
Limits on the franchisor opening nearby; not an exclusive zone
Owner-Operator
Optional
Can hire a manager
Litigation
2 cases
Some history

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 $162K – $215K including a $67K franchise fee, 7.0% ongoing royalty.
  • RETURNSAverage revenue per franchisee of $774K/year (median $580K). Averaged per franchisee, not per outlet - not comparable with per-outlet figures.
  • RISKVerdict C (Average), verdict score 40/100 (higher is better). SBA loan charge-off rate of 25.0% across 147 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
  • GROWTHPositive: net +10 franchised outlets in the latest year (22 opened, 12 closed); 9 signed but not yet open (Item 20).
  • FLAGBankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.

Item 1 · who you're contracting with

The Franchisor

Corporate structure & franchisor financials
Legal entity
Mr. Handyman SPV LLC
Parent company
Neighborly Assetco LLC
FDD Item 1, page 10 of the 2026 FDD
Ultimate parent
Nest Holdings LP (KKR-controlled)
FDD Item 1, page 10 of the 2026 FDD
Predecessor
Mr. Handyman International, L.L.C.
Prior franchisor entity
CEO title
Chief Executive Officer
Michael Anthony Davis
Incorporated in
DE
HQ
1010 North University Parks Drive, Waco, Texas 76707
Auditor
Ernst & Young LLP
Audited financials
Franchisor revenue
$480.8M
vs $461.7M prior year

Independent franchisee associations

  • Franchise Advisory Council (FAC)
  • Independent Franchisee Association

Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.

Affiliated brands

  • is Mr

Other brands the franchisor or its parent operates (Item 1).

Same owner · FDD Item 1, page 10

17 other brands on this site name Nest Holdings LP (KKR-controlled) as parent or ultimate parent in their own FDD.

Portfolio: KKR (Kohlberg Kravis Roberts) (private-equity sponsor) · Neighborly

Grouped by the owner's name as each filing prints it (this page: the 2026 FDD). Spelling variants of the same group may be listed apart; a brand is never grouped with an owner its filing does not name.

Overview

About

CEO
Michael Anthony Davis
Headquarters
TX
Founded
2000
FDD year
2026
States available
39

Can you afford it, and what does the money buy?

Entry cost runs 12% above the typical home services franchise.

Total investment (Item 7)$162K – $215KCited, not corroborated — printed on page 38 of the 2026 FDD (Item 7). Nothing else in our record independently restates or re-derives it.
Franchise fee$67,000Verified — printed on page 23 of the 2026 FDD (Item 5), and another item of the same filing prints the same figure on a labelled row, which is an independent restatement.
Royalty7.0%Cited, not corroborated — printed on page 25 of the 2026 FDD (Item 6). Nothing else in our record independently restates or re-derives it.
Ad fund2.0%Cited, not corroborated — printed on page 25 of the 2026 FDD (Item 6). Nothing else in our record independently restates or re-derives it.
Working capital$60K – $90K

Source: FDD 2026 · Items 5–7

Full Item 7 breakdown13 line items

Initial investment breakdown

Item 7 initial investment line items
Line itemLowHigh
Initial Franchise Feenot refundable$67K$67K
Initial Package Feenot refundable$6K$6K
Vehicle Expenses - 3 months$8K$15K
Computer Hardware Package$4K$6K
Real Estate and Utility Deposit - 3 months$1K$2K
Furniture, Fixtures and Office Equipment$1K$2K
Tools and Equipment to Equip Two Vans$1K$2K
Permits & Licenses$100$1K
Initial opening equipment, uniforms and marketing materials$6K$10K
Prepaid Insurance Premiums - 3 months$5K$7K
Training Expenses: Travel, Food and Lodging$3K$4K
Professional Fees$2K$5K
Additional Funds - 3 months$60K$90K
Total initial investment$162K$215K

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
$162K – $215K
Middle of category vs category
Liquid capital req'd
$60K – $90K
Bottom third — review vs category
Franchise fee
$67K – $67K
Bottom third — review vs category
Royalty
7.0%
typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical

Ongoing fees · Item 6

Mr. Handyman: Item 6 recurring fees
FeeAmount
Royalty7.0% of gross sales
Marketing / ad fund2.0% of gross sales
Technology fee$196
Transfer fee$10K
Renewal fee$5K
Total fee load9.0% of rev

What do units actually make?

Average unit sales run 32% above the home services norm.

Avg gross sales$774K

Averaged per franchisee, not per outlet - not comparable with per-outlet figures

Cited, not corroborated — printed on page 74 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Median gross sales$580KCited, not corroborated — printed on page 74 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Item 19 typegross sales by unit count …
Sample size57 franchisees

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 Mr. Handyman 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

$263K

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
Blue values = direct from FDD (Item 7 investment, Item 19 revenue, Item 6 fees)Not set = no filing supplies it and we will not substitute one. Enter your own

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 Mr. Handyman unit return on the cash you put in?

From FDDNot set — you supply itYou overrode an FDD value
Revenue · per franchisee, per year (NOT per outlet)FDD
FDD Item 19 reports $773,574 per franchisee — not per outlet. Every other input below is for ONE unit; replace this with a single-unit figure before relying on the ROIC.
Franchisor take · royalty + ad fundFDD
typ 6–8%
typ 3–5%
Operating costs · not in any FDDnot set

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.

Total invested capital · what you put in to openFDD
FDD Item 7: $162K–$215K (midpoint used)
FDD reports $60K–$90K

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.


Store EBITDA · annual
—
EBITDA margin
—
Total invested
$263K
Payback
—
Single-unit only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even point.

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 franchisee, not per outlet - not comparable with per-outlet figures

Avg gross sales
$774K
Per franchisee, per year — not per outlet
Median gross sales
$580K
Per franchisee, 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 by unit count group
Sample size
57 franchisees
vs category median 32
Range (low → high)
$208K→$5.4MCited, not corroborated — printed on page 74 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
Gross sales rank
No comparison data
Investment cost rank65th
Lower investment ranks lower (better)
Royalty rate rank48th
Lower royalty = lower percentile (better)
Unit count rank83th
vs Home Services peers
Risk score rank81th
Lower risk = lower percentile (better)

Compared against 319 Home Services brands

Showing the headline figures — all 153 extracted fields are in the Full FDD Report · $19 →

Operator outlook

What the numbers say

Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.

Unit economics

The average franchisee generates $774K/year in gross sales. Median is $580K — top performers pull the average up, so a typical unit earns less.

Fee burden

Total ongoing fee load of 9.0% (near the Home Services median).

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 expanding at 9.5% CAGR over 3 years across 357 units — operators are staying and new ones are joining.

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 Mr. Handyman Compares

Metric
Mr. Handyman
Category median
vs median
Investment
$188K
$168Kmiddle half $122K–$232K · n=283
Above median, worse than category
Revenue
$774K
$587Kmiddle half $376K–$1.3M · n=79
Not compared

Per franchisee, not per outlet - the category median is per-outlet only, so no comparison is shown

Unit Count
357
47middle half 14–137 · n=283
Above median, better than category

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?

Total units357Verified — printed on page 76 of the 2026 FDD (Item 20), and the table's own arithmetic closes on it three ways.
3-yr growth+9.5% (favorable vs category)
Turnover rate3.4% (favorable vs category)

Source: FDD 2026 · Item 20

Unit growth

Item 20 · unit dynamics

The Growth Chart

Total units
357
Opened
22
Last reporting year
Closed
12
Terminated
11
Franchisor ended the franchise (per Item 20)
Non-renewed
0
Term expired, not renewed (per Item 20)
Turnover rate
3.4%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (3-yr)
+9.5%
Net unit change over 3 years
3-yr CAGR
+9.5%
Compounded over last 3 years

Last fiscal year · Item 20 exits and transfers

Terminated
11
Not renewed
0
Transferred
35
Reacquired
0
Franchisor bought back
Signed, not yet open
9
0.03 per open outlet · Item 20 Table 5
Projected new
21
Franchisor's next-year forecast
Termination rate
1.5%
Franchisor-initiated terminations
Ceased ops
0.3%
Units that stopped operating
2023
326
Franchised units
2024
347+21
Franchised units
2025
357+10
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 41 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Active operators · 41 states
No contacts on file

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

198 current owners across 41 states; 10 former (terminated, transferred or not renewed) listed separately.

  • TX 21
  • FL 16
  • PA 13
  • NC 11
  • GA 10
  • CA 9
  • NJ 9
  • OH 9
  • NY 8
  • CT 6
  • MA 6
  • TN 6
  • +29 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.

F
SBA Lending Health
Weak SBA lending record · 25.0% charge-off
Total loans
147
Loan volume
$25.3M
Median loan
$150K
50th percentile
Charge-off rate
25.0%
on 147 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)
75.0%
5-yr charge-off
0.0%
Loans approved 2021+
Active lenders
42
Defaults
17
Typical loan rate
8.3%
avg rate to borrowers
Franchised industry avg
17.1%
brand above franchise avg ↑
Jobs supported
788
3.1 per loan
Lender concentration
44%
top lender's share

Borrower mix: 79% went to startups / new businesses, 21% 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

Mr. Handyman charge-off rate by loan vintage

BrandNational avg
Mr. Handyman charge-off rate by loan vintage. Showing 11 vintages from 2004 to 2022. Rates range from 0.0% to 83.3%.0%5%10%15%20%25%30%35%40%45%50%55%60%65%70%75%80%85%'04'07'16'18'20'22

Top lenders financing Mr. Handyman franchisees

United Midwest Savings Bank National Association65 loans31.6%
Celtic Bank Corporation8 loans50.0%
Wells Fargo Bank National Association7 loans40.0%

Showing 3 of 42 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 Mr. Handyman from SBA 7(a) FOIA data.

Principal loss rate
5.9%
Avg SBA guarantee
78%
Avg interest rate
8.30%
Avg chargeoff amount
$87K
Lender concentration
44.2%
Job velocity
3.1 per $100K
Startup risk premium
+29.2pp
NAICS benchmark
9.5%
NAICS 236118
Jobs supported
788

Top SBA lendersTop lender holds 44% of loans

#LenderLoansVolumeDefault %
1United Midwest Savings Bank National Association65$9.7M31.6%
2Celtic Bank Corporation8$1.3M50.0%
3Wells Fargo Bank National Association7$1.6M40.0%
4Stearns Bank National Association6$860K25.0%
5BayFirst National Bank4$830K0.0%
6Citizens Bank4$1.1MN/A
7The Huntington National Bank4$947K0.0%
8U.S. Bank, National Association3$998K50.0%
9JPMorgan Chase Bank, National Association3$212K0.0%
10Newtek Small Business Finance, Inc.3$344K66.7%

Geographic failure vector

StateLoansDefaultsRate
TXTexas13222.2%
CACalifornia12233.3%
PAPennsylvania9133.3%
VAVirginia9228.6%
CTConnecticut800.0%
NCNorth Carolina81100.0%
OHOhio8250.0%
COColorado7480.0%
FLFlorida7125.0%
GAGeorgia700.0%

SBA 7(a) lending trend

2002
1
2003
2
2004
5
2005
7
2007
6
2008
4
2009
1
2010
2
2011
1
2014
2
2015
1
2016
3
2017
9
2018
19
2019
12
2020
12
2021
9
2022
6
2023
7
2024
18
2025
14
2026
6

Borrower profile

Startup75 (73%)
Existing (2+ yr)12 (12%)
Ownership change9 (9%)
New (< 2 yr)6 (6%)
Unanswered1 (1%)

Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict

Lending insight

A 25.0% 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 25.0% — 56% above the 16.0% national norm, i.e. higher lender-observed risk.

SBA charge-off25.0% · 147 loans
Verdict score40/100 (higher is better)
Litigation2 cases
Auditor going-concern doubtNo (favorable vs category)

Source: SBA 7(a) FOIA · FDD Items 3, 21

Risk analysis

FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21

Risk & Legal

CAverage40Verdict score 40/100

Mr. Handyman presents moderate-to-cautionary risk: slow unit growth, active franchisor litigation, missing financial disclosures, and complex royalty structures warrant deep validation before committing capital.

High confidence±4 pts
3644

Litigation (Item 3)

Subject: the franchisor is a named party (plaintiff).

2 cases filed by franchisor in 2025 in McLennan County, TX: (1) suit against franchisee Robert Alexander Coughlin re marketing vendor dispute; (2) joint suit with Mr. Electric SPV LLC against Anbramar Consumer Enterprise Corp et al re marketing obligations. One affiliate (Window Genie predecessor) administrative consent order disclosed but does not involve the franchisor.

Bankruptcy (Item 4)

Subject: the company or an affiliate. Disclosed (Item 4 covers the last 10 years)

KKR portfolio company bankruptcies disclosed: Marelli Holdings (2025), The Collected Group LLC (2021, emerged), Envision Healthcare (2023, emerged), Genesis Care Pty Limited (2023, emerged), IPI Legacy Liquidation Co. (2023, emerged), Cafe Coffee Day (India insolvency, 2024). None involve the franchisor directly.

Audited financials (Item 21)

Yes · Ernst & Young LLP

Franchisor revenue (Item 21)

Yr 1: $480.8MYr 2: $461.7MNon-royalty: $126.9M

Franchisor entity revenue (not unit-level)

Item 21 financials are the audited COMBINED financial statements of Neighborly Assetco LLC and Subsidiaries (the franchisor's direct parent and guarantor of the Franchise Agreement) audited by Ernst & Young LLP, as of/for the year ended Dec 31, 2025. All figures reported in $000's and scaled to whole USD (x1000). Reconciles: total liabilities $88,238K (current $19,425K + deferred revenue non-current $68,813K) + total member's equity $2,950,488K = total assets $3,038,726K. FY2025 total revenues and income $480,797K = franchise service fees and related revenue $353,906K + sales of products and services $126,891K (reported here as other_revenue). Net income $154,061K. The franchisor itself is Mr. Handyman SPV LLC; its standalone statements are not the audited Item 21 statements relied upon.

ⓘ 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

Score breakdown · what drove the 40 / 100 verdict

  1. 01MINORDeclining unit growth (2.9% YoY) indicates system stagnation despite mature brand presence
  2. 02HIGHActive litigation against franchisees raises concerns about franchisor-franchisee relationship and potential disputes over marketing obligations
  3. 03MINORDual royalty structure (7% vs 3.5%) creates complexity and potential disputes over revenue categorization and material/subcontractor definitions
  4. 04MEDHigh initial investment ($161,900–$215,000) combined with undisclosed net income creates uncertainty about ROI timeline and profitability

Severity inferred from the FDD text · not a regulatory classification

Showing the headline figures — all 153 extracted fields are in the Full FDD Report · $19 →

Full litigation history from the FDD (Items 3 and 4) →

What are you signing up for?

Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.

Initial term10 yrs
Renewal term10 yrs
TerritoryProtected, not exclusive
Initial training37 hrs

Source: FDD 2026 · Items 11, 12, 17

FDD Items 12, 15, 17 · continued from Risk & Legal

Contract & Territory Detail

Initial term10 years
Renewal term10 years
Allowed renewalsℹ1
Territory typeProtected territory
Protected territoryYes
Exclusive territoryℹNo
Online sales rightsℹGranted
Franchisor can competeYes
Hire a manager?Allowed
Owner-operatorOptional
Non-compete (years)ℹ2 years
Non-compete (miles)ℹ25 mi
Right of first refusalℹYes
Transfer requires consentYes
Termination notice30 days
Curable defaultsℹ2
Mandatory arbitrationNo
Arbitration locationMcLennan County, Texas
Jury trial waiverYes
Governing lawTX
Litigation count2
View Item 3 litigation summary

2 cases filed by franchisor in 2025 in McLennan County, TX: (1) suit against franchisee Robert Alexander Coughlin re marketing vendor dispute; (2) joint suit with Mr. Electric SPV LLC against Anbramar Consumer Enterprise Corp et al re marketing obligations. One affiliate (Window Genie predecessor) administrative consent order disclosed but does not involve the franchisor.

Items 10, 11

Training & Operations

Classroom training
37 hrs
On-the-job training
16 hrs
Training location
Dallas, TX (or virtually); field training at franchisee location
Ongoing training
Required
Site selection
franchisee
Franchisor financing
Offered
Item 10
POS system
ServiceTitan
Operating tech stack

Items 5 & 11

Franchisor Support

✓Site selection assistance
✓Grand opening support
✗Lease negotiation help

Technology: ServiceTitan

Item 20 · call current owners

Franchisee Contacts

208 owners to call

Name · phone · city · state. Extracted from FDD Item 20

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(479) 269-••••AR
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(708) 316-••••IL
(215) 872-••••PA
(281) 585-••••TX
(573) 718-••••MO

Frequently asked questions

Frequently Asked Questions

How much does it cost to open a Mr. Handyman franchise?

The total investment to open a Mr. Handyman franchise ranges from $162K – $215K, with an initial franchise fee of $67K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).

What do Mr. Handyman franchise owners earn?

According to Item 19 of the Mr. Handyman FDD, the average gross sales per unit is $774K. The median is $580K. Important context: Averaged per franchisee, 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 Mr. Handyman?

Mr. Handyman is franchised by Mr. Handyman SPV LLC. Its parent company is Neighborly Assetco LLC. The ultimate parent named in the FDD is Nest Holdings LP (KKR-controlled). Source: FDD Item 1, 2026 filing.

What is Item 19 in the Mr. Handyman 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 Mr. Handyman FDD and qualifies whose outlets they describe.

What is Mr. Handyman's franchise failure rate?

Based on SBA 7(a) loan data, Mr. Handyman has a charge-off rate of 25.0% across 147 loans, meaning 25.0% 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 Mr. Handyman franchise locations are there?

As of their most recent FDD filing, Mr. Handyman has 357 total units in the United States, including 357 franchised units and 0 company-owned units. 22 new units were opened in the latest reporting year.

Is Mr. Handyman a good franchise to buy?

FranchiseVerdict rates Mr. Handyman as a C-grade franchise with a verdict score of 40 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.

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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.