2026 FDD Issued Apr 1, 2026 Minnesota Commerce (CARDS) Checked Nov 3, 2026
Mr. Handyman Franchise Cost (2026)
A Mr. Handyman franchise costs an estimated $161,900 – $215,000 to open, according to Item 7 of the 2026 Franchise Disclosure Document (FDD). That total includes the $67,000 initial franchise fee (Item 5) and covers this format: First Mr. Handyman territory and business. Item 6 lists license fee: 7% of Gross Sales other than material, subcontractor and roll-in revenue, subject to the conditions below.
- Total investment
- $162K – $215KItem 7 source and qualifications
- Franchise fee
- $67KItem 5 source and terms
- License Fee
- 7% of Gross Sales other than material, subcontractor and roll-in revenueItem 6 conditions and fee bases apply
- Brand fund
- 2% of Gross Sales other than roll-in salesItem 6 conditions and fee bases apply
- Units (2025)
- 357Item 20 source and scope
- Franchise exit rate
- 2.6% / yrCalculated 3-year average; definition and source
What stands out about Mr. Handyman
The opening estimate is built around one territory and two operating vans. Item 7 includes only the first three months of vehicle expenses, while its notes describe a much larger cost for purchasing and outfitting a van outright. The package fee is separate from the franchise fee and covers initial software enrollment and training. An owner adding a second territory or acquiring an operating business would use different payment terms from this first-territory table. Those differences matter more than treating the printed range as a universal cost for every territory size.
Continuing payments depend on the type of revenue and the age of the franchise. The standard License Fee has a lower rate for material and subcontractor revenue and later becomes subject to a weekly minimum. The marketing fund also has a weekly minimum. Required local marketing spending changes after the initial years, while Local Marketing Group payments count toward that spending instead of being an independent full layer. Software and call-center charges depend on user counts, vendor tiers and bookings. The FDD's sales groups do not disclose the revenue mix needed to calculate all of these charges.
Item 19 divides owners by how many businesses they operate. Its largest reporting-business group consists of owners with two units, but the reported average is calculated from franchisee-level figures and cannot be described as a systemwide per-unit average. The one-unit group is reported separately and has a different sales level. Some businesses in the sample operated for only part of the year because their owner also ran another full-year business. Item 20 counts all franchised territories and shows a historical termination correction in its footnote, so its totals should not be read as the Item 19 sales sample.
What are the initial franchise fees and financial requirements for Mr. Handyman?
Item 5 lists an initial franchise fee of $67,000 for Mr. Handyman. Check the cited Item 5 for payment timing, discounts and format-specific terms.
The standard $67,000 fee covers a territory of roughly 40,000-60,000 target households. Larger or smaller territories can change that fee, including an additional $0.70 per target household above 60,000. A separate $5,500 Initial Package Fee includes software enrollment and initial training. The FDD describes conditional VetFran and affiliate-concept discounts and gives historical fees paid by other owners, which are not the standard current fee.
Source: Mr. Handyman 2026 FDD, Item 5, PDF p. 23.
This record lists no minimum net worth or liquid-capital requirement for Mr. Handyman, because no sourced figure has been recorded. Ask the franchisor for its current financial qualifications in writing.
How much does it cost to open a Mr. Handyman franchise? (Item 7)
Source: Mr. Handyman 2026 FDD, Item 7, PDF p. 37.
Item 7 of Mr. Handyman’s 2026 Franchise Disclosure Document estimates the total cost to open one first mr. handyman territory and business at $161,900 – $215,000. This total includes the initial franchise fee.
| Expense Category | Low ($) | High ($) |
|---|---|---|
| Initial Franchise Fee | $67,000 | $67,000 |
| Initial Package Fee | $5,500 | $5,500 |
| Vehicle Expenses, 3 months | $7,500 | $15,000 |
| Computer Hardware Package | $3,500 | $6,000 |
| Real Estate and Utility Deposit, 3 months | $1,000 | $1,500 |
| Furniture, Fixtures and Office Equipment | $1,000 | $1,500 |
| Tools and Equipment to Equip Two Vans | $1,000 | $2,000 |
| Permits and Licenses | $100 | $1,000 |
| Initial opening equipment, uniforms and marketing materials | $6,000 | $10,000 |
| Prepaid Insurance Premiums, 3 months | $4,500 | $6,500 |
| Training Expenses: Travel, Food and Lodging | $3,000 | $4,000 |
| Professional Fees | $1,800 | $5,000 |
| Additional Funds, 3 months | $60,000 | $90,000 |
| Total | $161,900 | $215,000 |
For comparison, the median high-end investment among 12 home services records without a source-review hold is $283,275.
The first-territory Item 7 table spans PDF pages 37-38 and assumes operation begins with two vans. Vehicle expenses in this estimate cover three months; the FDD separately says outright van purchase and outfitting typically cost substantially more. Renewal and purchase of an existing operating franchise have different payments and are not covered by this first-territory opening total.
What ongoing royalties and fees does Mr. Handyman charge? (Item 6)
Source: Mr. Handyman 2026 FDD, Item 6, PDF p. 25.
Item 6 of Mr. Handyman’s 2026 FDD lists the charges below. Recurring charges and charges triggered by a transfer, renewal or other event have different conditions. Read each fee’s basis and notes before comparing rates.
How to read an Item 6 fee table.
| Fee Type | Amount / Rate | Payment Frequency | Notes & Source |
|---|---|---|---|
| License Fee | 7% of Gross Sales other than material, subcontractor and roll-in revenue | Every period | Material and subcontractor revenue use 3.5%; after the early period, standard weekly minimums rise from $200 to $350 under the Fees Chart on pages 35-36. (Item 6, PDF p. 25) |
| MAP Fee | 2% of Gross Sales other than roll-in sales | Every period | Weekly minimums of $50 and later $75 apply after the early period under the Fees Chart on pages 35-36. (Item 6, PDF p. 25) |
| Minimum Local Marketing Spending Requirement | Varies | Every period | $60,000 in the first year, $75,000 in the second, then 8% of the prior year's Gross Sales annually; approved Local Marketing Group contributions count toward this spending. (Item 6, PDF p. 25) |
| Local Marketing Groups | Varies | When it applies | Conditional local-market group contribution capped at 3% of Gross Sales; amounts count toward minimum local marketing spending. (Item 6, PDF p. 25) |
| Software System Monthly Fees | Varies | Every period | Current base package is $196.95 monthly; extra email accounts, portal users, QuickBooks via ZorWare and support are priced separately. Required ServiceTitan licenses are a separate third-party cost. (Item 6, PDF p. 26) |
| Late Fees (on Software System Monthly Fees) | Varies | When it applies | Lesser of $25 per month or the legal maximum after the stated overdue period. (Item 6, PDF p. 27) |
| Mr. Handyman toll free phone number usage | Varies | When it applies | Current $0.25 per routed call minute, passed through from a vendor. (Item 6, PDF p. 27) |
| Regional Meetings | Varies | When it applies | Optional current $350-$550 per person per event, excluding travel and lodging. (Item 6, PDF p. 27) |
| Reunion | Varies | When it applies | Mandatory once every two years; current registration up to $1,000 and a separate possible $2,000 nonattendance charge. (Item 6, PDF p. 28) |
| Renewal Fee | $5,000 | When it applies | (Item 6, PDF p. 28) |
| Change of Legal Entity Fee | $500 | When it applies | Applies after the first qualifying entity change. (Item 6, PDF p. 28) |
| Transfer Fees | Varies | When it applies | Greater of $9,900 or 5% of the sale price, plus a separate $5,500 Transfer Initial Package Fee; a family-transfer discount may apply. (Item 6, PDF p. 28) |
| Training Fee as part of Buyer Commitment Agreement | $14,900 | When it applies | Only when buyer and seller request training before transfer closing. (Item 6, PDF p. 28) |
| Interest | Varies | When it applies | Twelve percent annual rate on unpaid balances. (Item 6, PDF p. 29) |
| Late Fees (Franchise Agreement) | Varies | When it applies | $10 per day on overdue fees. (Item 6, PDF p. 29) |
| Dishonored Check or ACH Draft | $50 | When it applies | (Item 6, PDF p. 29) |
| Audit | Varies | When it applies | (Item 6, PDF p. 29) |
| Audit Noncompliance Fee | Varies | When it applies | $500 per missing document up to $2,500 per audit, or audit rescheduling costs. (Item 6, PDF p. 29) |
| Indemnification and Attorney's Fees and Costs | Varies | When it applies | (Item 6, PDF p. 29) |
| Territory Violation | Varies | When it applies | Conditional percentage of revenue from a wrongfully serviced customer; not a percentage of authorized Gross Sales. (Item 6, PDF p. 30) |
| Amendment Fee | $300 | When it applies | (Item 6, PDF p. 30) |
| Unapproved Suppliers | Varies | When it applies | (Item 6, PDF p. 30) |
| Tax Reimbursement | Varies | When it applies | (Item 6, PDF p. 30) |
| Additional Training Fee | Varies | When it applies | Current $500 per day plus the owner's training expenses. (Item 6, PDF p. 31) |
| Call Center Program Fees | Varies | Every period | Current $349.99-$449.99 monthly plus $25 per booked appointment under the mandatory rollover and out-of-hours call program. (Item 6, PDF p. 31) |
| Key Accounts/Management Fee | Varies | When it applies | Up to 3% of qualifying Key Accounts work and other defined covered sales only if participating; not a percentage of all business sales. (Item 6, PDF p. 32) |
| Required ServiceTitan licensing | Varies | Every period | Item 6 Note 1 lists current per-service-professional monthly tier ranges: $228-$241 for the first five users, $220-$233 for users six through ten, $210-$222 for users eleven through thirty, and $151-$160 thereafter. Paid to the third-party vendor, separate from the base Software System fee. (Item 6, PDF p. 33) |
Explore annual fees and payback assumptions
This fee schedule cannot be reduced to the calculator’s simple sales-based formula. Enter your own assumptions and check them against the Item 6 terms.
Mr. Handyman startup investment and modeled fees over 10 years
The License Fee uses separate rates for material and subcontractor revenue, and both License and MAP fees have time-dependent weekly minimums. The FDD does not disclose the required revenue mix for the Item 19 groups. Local marketing spending, software users and call-center appointments add other bases, so a flat annual total from gross sales would misstate the fees. See the fee amounts and definitions in Item 6 above. Open the calculator with your own assumptions.
Item 20: Mr. Handyman franchised outlet history
Source: Mr. Handyman 2026 FDD, Item 20, PDF p. 82.
Item 20 Table 3 reports 357 franchised outlets at the end of 2025. The company-owned table reports a further 0 outlets. Our calculated average annual franchised exit rate is 2.6% across the 3 reported years, using the definition below.
| Year | Franchised at Start | Opened | Reported Exits | At End | Franchise Exit Rate (%) |
|---|---|---|---|---|---|
| 2023 | 308 | 26 | 8 | 326 | 2.6% |
| 2024 | 326 | 27 | 6 | 347 | 1.8% |
| 2025 | 347 | 22 | 12 | 357 | 3.5% |
Franchised units went from 308 to 357 over 3 years (+49).
Reported exits include terminations, non-renewals, franchisor reacquisitions and other cessations. A reacquired outlet may continue operating. How we calculate the exit rate. How to read the Item 20 outlet tables. Compare Mr. Handyman’s exit rate with other brands.
35 units changed owners in 2025.
Table 3 national totals are on PDF page 82, Table 2 transfers on page 79, and Table 4 company-owned totals on page 83. A Table 3 footnote says a New York outlet terminated in 2023 had been inadvertently retained in earlier disclosures and was corrected in this FDD; another footnote explains a Maryland-to-District-of-Columbia territory count relocation. The printed national rows reconcile. Item 19's reporting-business sample is narrower than the outlet count.
How much do Mr. Handyman franchise owners make? (Item 19)
Source: Mr. Handyman 2026 FDD, Item 19, PDF p. 74.
Item 19 of the 2026 FDD reports average Gross Sales, Two-Unit Franchisees Group of $1,057,118 (January 1 to December 31, 2025, 67 reporting franchisees operating 134 franchised businesses in the two-unit group; average first calculated per franchisee). Mr. Handyman’s Item 19 reports sales but no profit, costs or owner pay. Rent, payroll, supplies, loan payments and Item 6 fees such as the royalty (7% of Gross Sales other than material, subcontractor and roll-in revenue) come out of sales before an owner is paid, so these figures cannot show what an owner earns.
See every Mr. Handyman Item 19 figure, with its period and sample.
Payback calculator (enter your own assumptions) Check any inputs against this record’s Item 7 startup costs and Item 6 fee rules.
How to interpret Mr. Handyman’s Item 19 figures and sample limits.
How long is the Mr. Handyman franchise agreement term?
Source: Mr. Handyman 2026 FDD, Item 17, PDF p. 68.
The standard Mr. Handyman franchise agreement runs 10 years, with renewal terms of 10 years.
The FDD offers one conditional additional ten-year term. Post-term month-to-month operation, if permitted by the franchisor, changes the License Fee.
How long does it take to open a Mr. Handyman franchise? (Item 11)
Source: Mr. Handyman 2026 FDD, Item 11, PDF p. 61.
Item 11 of the 2026 FDD states the time from completion of Initial Training, generally one to three months after signing to opening: within 45 days after completing Initial Training. The agreement requires you to open within six months after signing the Franchise Agreement.
Franchises with a similar investment range
These published records are selected by proximity to Mr. Handyman’s $161,900 low-end Item 7 investment, starting with Home Services. Formats, fees and source qualifications differ; the figures are not interchangeable budgets:
- All Dry $155K – $344K Home Services
- Mosquito Joe $150K – $192K Home Services
- Two Men and a Truck $147K – $512K Source review pending Home Services
- The Brothers that just do Gutters $145K – $285K Home Services
- 1-800-GOT-JUNK? $182K – $304K Source review pending Provisional publication Home Services
- Ace Handyman Services $132K – $226K Home Services
Compare other home services franchises
Sources
Mr. Handyman SPV LLC Franchise Disclosure Document, issued April 1, 2026, as filed with the Minnesota Commerce (CARDS). Read the source FDD PDF. How to get this FDD yourself.
- Item 5: cited PDF p. 23
- Item 6: cited PDF p. 25
- Item 7: cited PDF p. 37
- Item 19: cited PDF p. 74
- Item 20: cited PDF p. 82
- Agreement term (Item 17): cited PDF p. 68
Page references for Mr. Handyman use the PDF viewer's digital page count, not printed page headers. Some viewers download the document instead of opening the referenced page.
If the state document viewer does not open, use Minnesota Commerce's public filing instructions to look up the filing by franchisor name and document date.
Document & verification changelog
- November 3, 2026: Source check completed against the recorded FDD.
- November 3, 2026: Initial cost profile published from the 2026 Franchise Disclosure Document (issued April 1, 2026).