Increased Demand for Home Repair Services Drives Growth of Handyman Segment
Ann Arbor, MI - Mr. Handyman, a full-service home repair and maintenance company and the No. 1 employer of handymen nationwide, is celebrating 10 years of strong franchise sales with no signs of slowing down.
In the first quarter of this year alone, the Michigan-based company has signed eight new franchise agreements throughout the country. And while most franchise systems got smaller in 2009, Mr. Handyman brought 36 new franchise owners into the system. Throughout the remainder of 2010, Mr. Handyman executives say they plan to open 30 new franchise locations, specifically targeting Phoenix, South Florida, St. Louis and Atlanta metro areas for growth.
"There's a constant need for reliable home improvement companies like Mr. Handyman," said Todd Recknagel, president of Mr. Handyman franchise. "We are not only the solution for people unskilled in home repair and maintenance, but now, many reformed Do-It-Yourselfers who want to spend more time with family, and less time on tedious, yet necessary, home repair, are turning to our services as well."
Long-time franchisees are a true testament to the brand's success. Greg and Barb DeVore in McMurray, PA have remained profitable since opening their doors in 2000 as the first-ever Mr. Handyman franchise owners.
"We love being affiliated with a nationally-known brand that is leading the way in the home repair industry," said Greg DeVore. "God's grace, a unique business model, superior customer service and dedicated employees have enabled us to operate consistently over the past 10 years. We look forward to see what the next 10 years will bring."
The Mr. Handyman franchise opportunity provides financial rewards and a family-friendly lifestyle. Franchisees do not have to be "handy," rather they recruit, train, and motivate good handyman employees, so the technicians can do the work while franchise owners manage their business.
According to the U. S. Census Bureau, six out of 10 homeowners have home improvement to-dos, and tending to these nagging repairs while balancing work and family has created a thriving demand for professional, safe and reliable home-repair services. The average cost to open a Mr. Handyman franchise is approximately $120,000 with a franchise fee of $19,900.