Thriving MN Home Repair Franchise with Strong Cash Flow
Handyman Connection franchise for sale in Hennepin County, Minnesota
List Price: $675,000 USD
Key Facts
Annual Gross Revenue
$2,626,220 USD
Cash Flow
$200,000 – $300,000
Seasonal Business
Yes
Value of Inventory
$0
Value of Assets
$200,000 – $300,000
Year Established
2015
Business Operates From
My office or commercial location
Location Is
Leased
Approx. Monthly Rent
$2,000
Total Employees
10–25
+3 MonthsTransition
Support
SomewhatPrice/Terms
Flexibility
SomeSeller financing Available
Part-timeOwner
Involvement
About this Business
Take over the largest Handyman Connection franchise in North America, located in Eden Prairie, Minnesota, and the only location in the state. With consistent revenue growth and a strong reputation, this low-risk, high-reward business offers significant cash flow and untapped expansion opportunities.
Key Highlights:
Proven Growth: A 60.6% increase in revenue in 2022, with continued growth expected in 2024.
Reputable Brand: Over 200 five-star Google reviews and a loyal customer base of 20,000+.
Efficient Operations: Managed by a team of 15+ skilled craftspeople and trained appointment setters.
Recurring Revenue: Most repeat business stems from cost-effective text and email marketing campaigns.
Turnkey Systems: CRM tracks job profitability, sales, and material costs, ensuring efficient management.
This business is poised for further expansion as the only Handyman Connection in Minnesota. Opportunities include entering new service areas, partnering with trades like electrical and plumbing, and leveraging local networking groups to build relationships and increase visibility. The seller offers financing to ease the transition.
Take advantage of this rare opportunity to own a thriving, well-established franchise with minimal competition and a solid foundation for growth. Inquire now for NDA!
Growth opportunities
The home improvement industry is booming, driven by the increasing need for repairs and renovations. With Eden Prairie’s exclusive Handyman Connection territory, opportunities abound: Expand Services: Add partnerships with trades like electrical and plumbing. Increase Marketing: Tap into local networking groups like BNI and community involvement to bring in new clients. Residential & Commercial Growth: Build on existing relationships and target new projects in both markets. Team Development: Create a career path to attract and retain skilled handypeople, ensuring the business meets growing demand.
Owner's Day-to-Day Involvement
The current owner spends about 20 hours per week on meetings and staff development, focusing on skill-building and goal-setting.
Asset Description
The sale encompasses all essential assets for business operations, valued at approximately $250,000. This includes office furnishings like computers, desks, chairs, and peripherals, as well as company tools ranging from drywall lifts to tile saws. The fleet consists of 1 box truck and 1 mini van.
Reason for Selling
The owner is pursuing other business ventures, leaving this thriving opportunity open for a motivated buyer.
Why I Love My Franchise
The consistency of business and strong market demand make this franchise a reliable and rewarding venture.
About Handyman Connection
Handyman Connection is a leading home improvement franchise offering a wide range of repair and remodeling services, from carpentry and plumbing to electrical work and painting. Established in 1991, the brand has grown to over 180 locations across North America, known for delivering high-quality workmanship and exceptional customer service. Handyman Connection caters to diverse homeowner needs, providing reliable solutions that save time and ensure professional results. With a strong reputation, comprehensive marketing strategy, and an investment range of $100,000 to $150,000, the franchise is well-positioned in the expanding home services market. As homeowners increasingly seek trusted professionals for their repair and renovation projects, Handyman Connection continues to capture market share with its commitment to quality and customer satisfaction.
Franchisee Support
Handyman Connection provides franchisees with extensive support, starting with 5 weeks of training via webinars and conference calls, followed by a 5-day in-person training session. Ongoing support includes newsletters, meetings, conventions, toll-free support, online resources, field operations, proprietary software, and a franchisee intranet platform. The brand also offers robust marketing support, including ad templates, national and regional advertising, social media strategies, SEO, website development, and email marketing.
Brand Accolades & Awards
Handyman Connection has consistently earned recognition in the industry, ranking in the Qualified Remodeler Top 500 annually since 2022. In 2023, it secured a spot on the Hip200 list and was named the #1 Handyman Company and #7 National Remodeler in 2024. The brand has also appeared on the Franchise Times Top 200 and the Entrepreneur Franchise 500, showcasing its industry leadership and commitment to excellence.
Industry / Market
The handyman and home improvement market is expanding, driven by homeowners seeking to improve and maintain their homes. This sector is recession-resistant, as repair and renovation needs persist regardless of economic conditions. With aging homeowners interested in aging-in-place renovations and younger generations favoring do-it-for-me services, the industry is poised for continued growth, offering a solid foundation for Handyman Connection's future.
Ideal Owner
The ideal Handyman Connection franchise owner is a skilled tradesperson with strong business management skills. They should be customer-oriented, organized, and capable of leading a team of skilled workers. Experience in home repair or construction is beneficial, along with a commitment to delivering high-quality service to clients.