Ace Handyman Services: Crafting a Legacy of Trust and Excellence
How Ace Handyman Services Started
Ace Handyman Services began as a modest idea, aiming to bring professional, reliable, and skilled handyman services to neighborhoods across America. Launched in 1998 as Handyman Matters by Andy Bell in Denver, Colorado, the company quickly established a reputation for delivering top-notch home repair and improvement services. Bell's vision was simple yet profound: to create a handyman service that homeowners could trust, providing skilled professionals who treated every project with care and precision.
The Ace Hardware Acquisition
In 2019, Ace Hardware, a name synonymous with trust and quality in the hardware retail industry, acquired Handyman Matters. This strategic move rebranded the company as Ace Handyman Services, aligning it with a brand that shares a commitment to exceptional customer service and community focus. The acquisition allowed Ace Handyman Services to leverage Ace Hardware’s extensive network and resources, enhancing its service offerings and expanding its reach.
Ace Handyman Services Fun Facts
- Ace Handyman Services offers a one-year guarantee on all their work, ensuring customers' peace of mind and satisfaction.
- The company’s craftsmen are skilled in over 1,162 different repair and improvement projects, making them true jacks-of-all-trades.
- Ace Handyman Services operates on a "done right promise," ensuring that every job meets the highest standards of quality and craftsmanship.
The Road Ahead
As Ace Handyman Services continues to grow, it remains dedicated to its core values of trust, quality, and customer satisfaction. The company is constantly innovating, seeking new ways to improve its services and exceed customer expectations. With the backing of Ace Hardware, Ace Handyman Services is well-positioned to expand its footprint, bringing reliable and professional handyman services to even more communities across the country. The future looks bright for this franchise, as it continues to build on its legacy of excellence and trust, one home at a time.
Ace Handyman Services Franchise Numbers
- Downpayment:
- New Location: $65,000 - $90,000
- Existing Location: Variable (dependent on negotiation and market conditions)
- Multiple Locations: Additional $50,000 - $75,000 per location
- Financing:
- Royalty: 6% of gross sales
- Rent: Varies by location (estimated $1,500 - $3,000 per month)
- Lease Fee: Typically included in rent (negotiable)
- Ongoing Fees:
- Marketing Fund: 2% of gross sales
- Technology Fee: $150 per month
- Insurance: $300 - $500 per month
- Miscellaneous: $200 - $400 per month
- Average Cost/Revenue/EBITDA:
- Average Cost: $117,000 - $172,000 (total investment)
- Average Revenue: $500,000 - $700,000 per year
- Average EBITDA: $75,000 - $100,000 per year
- Rating:
- Investment Level to Income Projections: ⭐⭐⭐⭐ (4 stars)
- Ace Handyman Services has been recognized as one of the best franchise opportunities by Entrepreneur Magazine, highlighting its growth and success in the home improvement industry.
- The company's craftsmen undergo extensive background checks and continuous training to maintain the highest levels of professionalism and skill.
- Ace Handyman Services prides itself on punctuality, with a promise that their craftsmen will show up on time and ready to work, every time.
Ace Handyman Services: A Viable Venture for New Franchisees
Summary
Ace Handyman Services, part of the well-known Ace Hardware brand, provides a comprehensive range of home improvement and repair services. Leveraging the strength and reputation of Ace Hardware, this franchise has become a trusted name in the handyman industry. With a network of locations across the United States, Ace Handyman Services offers a strong business model for new franchisees.
Viability as a New Business Venture
For potential franchisees, Ace Handyman Services presents several compelling advantages:
- Brand Recognition: The franchise benefits from the strong brand recognition and reliability of Ace Hardware, making it easier to build customer trust and attract business.
- Diverse Service Offerings: Ace Handyman Services provides a wide array of home repair and improvement services, from small fixes to larger renovation projects, allowing for diverse revenue streams.
- Comprehensive Support: Franchisees receive extensive training and ongoing support from the franchisor, including marketing, operations, and customer service assistance, ensuring they are well-prepared to run their business.
- Growing Market Demand: With the increasing trend of homeowners investing in property maintenance and improvements, there is a steady demand for professional handyman services, providing a resilient market for franchisees.
- Expansion Opportunities: There are still numerous territories available for new franchises, particularly in suburban and urban areas experiencing growth, providing strategic opportunities for market capture.
- Available Locations and Territories Ace Handyman Services is actively expanding, with new franchise opportunities available across various regions in the United States. Prospective franchisees can explore available territories by contacting the Ace Handyman Services franchising team or visiting their website to view current openings. Prime targets for new locations include high-growth suburban neighborhoods and urban areas with a high density of homeowners.
Star Rating
Considering the strong brand affiliation, comprehensive support, diverse service offerings, and the growing market demand, Ace Handyman Services scores highly in terms of viability for new franchisees:
⭐️⭐️⭐️⭐️⭐️
With a 5-star rating, Ace Handyman Services represents an excellent opportunity for those looking to invest in a franchise with a strong brand, robust support system, and promising market potential.
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