Ace Handyman Services logo

Ace Handyman Services

Residential and commercial repairs, restoration, and maintenance
Investment
$131,997
Initial Franchise Fee
$70,000 - $100,000
Units
400
Growth Rate
+25.0%

Overview

Industry
Maintenance
Founded
1998
Franchising Since
2001
Parent Company
Ace Hardware
Leadership
Andy Bell, CEO
# of Employees at HQ
36

Units and Growth Chart

About Ace Handyman Services

Founded in 1998 by Andy Bell, what was then known as Handyman Matters is a business in the home improvement, repair, and renovation industry. The professional craftsmen are reliable and experienced, with the ability and knowledge to handle different home improvement projects. The most popular services are fencing, painting, carpentry, drywall, bathroom, floors, and doors. 

It began franchising in 2001. In 2019, the company was acquired by Ace Hardware, changed its name to Ace Handyman Services, and grew to over 110 territories. An ideal franchisee is someone who is a smart business person and can take control of the business and achieve success.

Why You May Want to Start an Ace Handyman Services Franchise

As an Ace Handyman Services franchisee, you will be responsible for catering to the clients in your territory as you leverage the brand. Ace Handyman Services is different from its competitors because it provides exemplary services, and the craftsmen are highly skilled. The craftsmen strive to be trustworthy and reliable, consistently delivering a neighborly experience while helping the clients save on time.

There is also a customer loyalty program that customers enjoy. Customers tend to like Ace Handyman Services because they always get a delightful experience with quality services.

What Might Make Ace Handyman Services Franchise a Good Choice?

To own an Ace Handyman Services franchise, you should make sure you're financially ready for an initial investment that will include a franchise fee and other startup costs. You'll want to make sure you have enough capital available to cover ongoing fees, as well. These will include royalty percentages, advertising fees, and a potential renewal fee. An Ace Handyman Services franchise also comes with a protected territory. 

The Ace Handyman Services business model has been tried and tested for over two decades, so you'll be learning from one of the best in the industry. The brand will guide you through each step, and the field staff will have weekly meetings with you to help you learn the ins and outs of the business. You'll be franchising with a recognized brand, leading to potential growth as satisfied customers will refer more clients to you.

How to Open an Ace Handyman Services Franchise

For more information about opening an Ace Handyman franchise, you can contact a franchise representative. The path to ownership of an Ace Handyman Services franchise includes six steps. It starts with your introductory contact. 

If the brand thinks you're a good fit, they'll review your financials and send the Franchise Disclosure Document to you. The initial training takes place at company headquarters in Lakewood, Colorado, and the pre-opening study program agenda is detailed. Some of the topics you'll discuss with the Ace Handyman Services team include brand values, your protected territory, and various aspects of the business. These include marketing programs, technology, operating systems, and financial requirements. You will then undergo training through the technology webinar. 

The proprietary software is designed to help you run your business efficiently. Ace Handyman Services will guide you on how to operate it. You will be invited to meet the team and other franchisees at discovery day. After that, you may embark on taking the steps to open your Ace Handyman Services franchise.

Investment Details

Initial Franchise Fee
$70,000 - $100,000
Initial Investment
$131,997 - $223,797
Net Worth Requirement
$250,000
Cash Requirement
$75,000
Royalty Fee
6%
Ad Royalty Fee
2%
Technology Fee
$599/mo.
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
$7,000 off first-unit franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
18-24 hours
Classroom Training
22-30 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Field Operations
Franchisee Intranet Platform

Marketing Support

Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
5-10
Are exclusive territories available?
Yes

Ranking History

Ace Handyman Services performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022