iHandyMan

Royalty: 8% • Ad Fees: 3%

About iHandyMan

iHandyMan is your one stop shop for general home repair and installation services.

 

What We Do:

Whether your job is an emergency, or just one more item on a growing list, iHandyMan is your one stop shop for general home repair and installation services. Specialized carpenters, electricians, and plumbers are busy, and sometimes charge a large hourly fee just to arrive on your doorstep. A handyman business like iHandyMan will be happy to take on the jobs that don’t require a specialist, because those small jobs are what we love to do.

iHandyMan franchise owners take pride in running a professional handyman business. They are fully bonded and insured, and will arrive at your door in their uniform and logoed vehicle. iHandyMan franchise owners are punctual and professional, and will perform a single job or multiple jobs to get your home back into shape and provide you with peace of mind.

We stand out with unparalleled features:

Proven Business Model: At iHandyMan, success is not a gamble. Our proven business model has set the stage for countless entrepreneurs to thrive in the home services industry.

Ongoing Support: We’re not just a franchise; we’re your partners in success. iHandyMan offers continuous support to guide you on your journey, ensuring that you’re never alone in facing the challenges of entrepreneurship.

Community of Like-Minded Franchisees: Join a community that understands your aspirations. At iHandyMan, you’re not just a franchisee; you’re part of a network of like-minded individuals sharing experiences and cheering on each other’s success.

Focus on Individual Success: Your success is our priority. iHandyMan emphasizes individual growth, tailoring support to your unique journey and ensuring that you have the tools to thrive.

Strong Brand Reputation: Trust is built over time. iHandyMan’s strong brand reputation makes us a trusted choice for those venturing into the home services industry.

Franchise Information

Franchising Locations
Website ihandymanservices.com/about-us
Business Coaching Yes
Financial Assistance No
Investment Level $46.4k – $59.9k
Royalty Fee 8%
Ad Fee 3%
Franchise Fee $39,900

Sample Business Plan

This a typical business plan for a franchise and it will be useful to help understand the cost components that drive a business and percentage contributions to your overall profitability.

Enter your own numbers in the white cells and review the overall impact on your business investment.

Sample Business Plan
Average Daily Sales $640
Average Annual Sales Excluding Taxes $233,600
Annual Expenses
Monthly % of Sales & Flat ValuesTotals
Royalties by Franchisor 8%$18,688
Regional Advertising Fees by Franchisor
Local Marketing by Franchisee 0%$0
Promotions or Discounts 0%$0
Cost of Goods Sold (COGS) 0%$0
Employee Perks & Miscellaneous 0%$0
Manager & Employee Wages 72,800%$170,060,800
Insurance $167$2,004
Telephone & Internet $0$0
Accounting, Utilities & Banking $0$0
General Waste 0%$0
Maintenance 0%$0
Rent $0$0
Total Expenses $170,088,500
Gross Profit/Loss $-169,854,900
Profit Margin -72,712%
ROI Calculations
Value of this location = Net profit multiple of 4$-679,419,600
Total Capital Investment $0
Total Capital Gain Earning $-679,419,600
Total Earning (Net Profit + Capital Gain) $-849,274,500
ROI 0%

Business Loan Calculator

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Estimated Monthly Payments

Frequently Asked Questions

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