Franchisor Stories
Franchise Opportunity Deep Dive: Monty’s Handyman Services, a ResiBrands company, is a home maintenance and repair franchise that provides a comprehensive range of services to homeowners.
Monty’s Handyman Services is a premier home maintenance and repair franchise that transforms everyday tasks into profitable business opportunities.
Founded as part of ResiBrands, Monty’s Handyman Services was established to provide homeowners with high-quality, reliable handyman solutions while offering franchisees a proven business model with multiple revenue streams. Built on the values of excellence and kindness, the brand prioritizes customer satisfaction and franchisee success, making it a standout choice in the home services sector.
Mission: Monty’s Handyman Services is dedicated to delivering reliable, professional, and high-quality handyman services that enhance the comfort and functionality of residential properties. The brand empowers franchisees to build thriving businesses while providing exceptional customer experiences.
Vision: To become the go-to handyman service provider across the nation by maintaining a commitment to excellence, innovation, and superior franchisee support.
Monty’s Handyman Services offers exclusive territories, each with a population of 200,000 residents. Interested franchisees can reserve their spot by joining the waitlist. Territories will be awarded starting March 2025.
Initial Costs: The estimated initial investment ranges from $135,000 to $169,000. More information will be provided as soon as the brand’s Franchise Disclosure Document (FDD) is made available.
Initial Franchise Fee: The franchise fee is $59,000, which is payable upon signing the Franchise Agreement.
Ongoing Fees: Monty’s Handyman Services franchisees are responsible for monthly royalty and marketing fees, which are 7% of gross revenue. More details will be provided when the FDD is available.
ROI Potential: Monty’s Handyman Services currently has one location, which reported a gross revenue of $150,374.
Franchisees undergo comprehensive training to ensure they can efficiently manage operations and provide top-tier handyman services. Training includes:
Monty’s Handyman Services provides ongoing operational support, including:
Franchisees receive access to:
Monty’s Handyman Services partners with financing institutions to provide funding options for qualified franchisees.
The handyman services industry is experiencing significant growth, driven by increasing urbanization, aging housing stock, and rising disposable income. In 2023, the market was valued at $1.65 billion and is projected to reach $3.3 billion by 2031, growing at a CAGR of 10%.
Key market drivers include the growing need for home repairs in densely populated urban areas, where homeowners often lack the time or expertise to handle maintenance tasks themselves. Additionally, the aging housing stock in many regions continues to fuel demand for professional repair and renovation services. While DIY culture has gained popularity, many homeowners ultimately turn to professionals when projects become too complex.
Monty’s Handyman Services differentiates itself through:
Primary competitors include:
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