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FranchiseVerdict

How Much Does a Mr. Handyman Franchise Cost?

Data from the 2026 Franchise Disclosure Document

Investment Summary

Total Investment

$162K – $215K

Franchise Fee

$67K

Royalty

7.0%

Ad Fund

2.0%

Cost Breakdown

Initial Franchise Fee

The initial franchise fee for Mr. Handyman is $67K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a Mr. Handyman franchise requires a total investment of $162K – $215K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Ongoing Costs

Beyond the initial investment, Mr. Handyman franchisees pay ongoing fees. The royalty fee is 7.0% of gross sales (Percentage of Gross Sales). The advertising or brand fund contribution is 2.0% of gross sales. There is also a technology fee of $196.

What Can You Earn?

According to Mr. Handyman's Item 19 financial performance representation:

$774KAvg. Gross Sales

Median gross sales: $580K

This figure comes from Item 19 of the FDD. Gross sales are not the same as take-home profit. After deducting royalties, ad fund fees, rent, labor, and COGS, net income is typically a fraction of gross revenue.

How Do Banks View Mr. Handyman?

SBA Loans Issued

147

Default Rate

25.0%

The SBA (Small Business Administration) tracks loan performance for franchise brands. Mr. Handyman has 147 SBA-backed loans on record. The default rate is 25.0%, which is near the franchise industry average. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.

Next Steps

Talk to current Mr. Handyman franchise owners

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