Ace Handyman Services is a top choice for those looking to invest in a franchise offering high-quality repair and maintenance services for homes and businesses. Founded by Andy Bell in 1998, the company started with fixing swamp coolers as a side job and quickly expanded into a complete home repair service.
In 2001, the business became Handyman Express and was rebranded as Ace Handyman Services in 2019 after being acquired by Ace Hardware Corporation. Today, with 380 franchises in 23 states, Ace Handyman Services is known for its strong work-life balance and exceptional customer service.
Ace Handyman Services stands out from other home repair businesses due to its commitment to:
Ace Handyman Franchising, Inc. is the franchisor behind Ace Handyman Services. The business offers high-quality repair and maintenance services for both residential and commercial properties. No prior experience in the construction trade is required, as the business operates under the well-known name “Ace Handyman Services.”
Ace Handyman Services is dedicated to helping franchisees succeed through thorough training and ongoing support. Before starting, franchisees undergo 10 to 12 weeks of onboarding. The initial training, held at the corporate headquarters in Lakewood, Colorado, or via video conference, lasts three days and covers all critical aspects of running the franchise.
Within the first 60 days of operation, franchisees receive on-site training at their location. This hands-on approach ensures you are fully prepared to manage daily operations. Additional training is available as needed, either at designated locations or virtually, to ensure you have the skills and knowledge to thrive.
The home repair industry is a significant market, valued at over $400 billion annually in the U.S. Ace Handyman Services is well-positioned to capture a share of this expanding sector, providing a reliable revenue opportunity for franchisees.
Expense | Low Estimate | High Estimate |
---|---|---|
Initial Franchise Fee | $70,000 | $100,000 |
Travel and Living Expenses | $3,500 | $5,000 |
Lease Deposit | $1,000 | $3,000 |
Rent for First 3 Months | $3,000 | $4,500 |
Leasehold Improvements & Signage | $800 | $5,000 |
Furnishings | $800 | $5,000 |
Tools and Equipment | $0 | $3,500 |
Computer Hardware, Software & Office Equipment | $2,250 | $5,000 |
Software and Internet Fees | $1,497 | $1,497 |
Initial Marketing Spend | $11,000 | $16,000 |
Utility Deposits and Fees | $100 | $700 |
Licenses and Permits | $630 | $3,500 |
Insurance | $4,000 | $5,100 |
Professional Fees | $500 | $6,000 |
Miscellaneous Opening Costs | $2,000 | $4,500 |
Additional Funds (3 months) | $30,000 | $45,000 |
Estimated Total | $131,077 | $220,297 |
Ace Handyman Services offers a valuable franchise opportunity in a growing industry. With a proven business model, strong support system, and a focus on work-life balance, it’s an excellent choice for aspiring franchisees.
Q. What is Ace Handyman Services?
Ans: Ace Handyman Services is a leading franchise providing high-quality repair and maintenance services for residential and commercial properties. Founded in 1998, the company has grown from a small repair business into a respected service provider with 380 franchises across 23 states.
Q. When did Ace Handyman Services start franchising?
Ans: Ace Handyman Services began franchising in 2001. The franchise, initially known as Handyman Matters, was rebranded to Ace Handyman Services in 2019 after being acquired by Ace Services Holdings LLC, a subsidiary of Ace Hardware Corporation.
Q. What are the benefits of owning an Ace Handyman Services franchise?
Ans: Franchisees benefit from:
Q. What is the estimated initial investment for an Ace Handyman Services franchise?
Ans: The estimated initial investment ranges from $131,077 to $220,297. This includes the franchise fee, equipment, initial marketing spend, and other startup costs.
Q. What are the ongoing fees for an Ace Handyman Services franchise?
Ongoing fees include:
1. Royalty Fee: 6% of the actual gross revenues.
2. National Brand Fee: 2% of the actual gross revenues.
3. Software and Internet Fees: Currently $499 per month.
4. Minimum Marketing Expenditure: $30,000 in the first year, increasing annually.
Q. What kind of culture does Ace Handyman Services promote?
Ans: Ace Handyman Services promotes a positive work environment where trust, mutual respect, and a focus on work-life balance are core values. The company believes in treating employees well and providing excellent customer service.
Q. Where is the headquarters of Ace Handyman Services located?
Ans: The headquarters of Ace Handyman Services is located in Lakewood, Colorado.