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Classic Handyman Company
306 46th Ave. North
Nashville, TN 37209
800#: (888) 578-3668
Tel: (615) 298-3668
Fax: (615) 298-6623
E-Mail: [email protected]
Web Site: www.classichandyman.com
Contact: Mr. Jim Peatman, President
If you are an electrician, plumber or other home repair service, but can't seem to achieve the next level in your business, CLASSIC HANDYMAN COMPANY is for you. Our proven system of tools includes: database management software, professionally developed marketing materials, franchise brand strength, direct benefits of being in a network, ongoing support and a proven client feedback system. All of these tools work together to ensure you have the power to grow your business far beyond your current success.
Franchisor Background
Established: 1996
First Franchise: 2002
Franchise Units: 3
Company-Owned Units: 1
Total Units: 4
Distribution:
U.S. -- 3;
Canada -- 0;
International -- 0
-North America -- Operations in 2 States
-States/Provinces with Greatest Density: 2 in TN
Projected New Units Over Next 12 months: 7
Franchisee Qualifications: 3, 2, 3, 2, 4, 5
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 2 FT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; FS, SF
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $30K
Total Investment: $40-50K
Average Total Investment: $50.0K
Minimum Net Worth: $80K
Fees:
-Franchise: $14.9-29.9K
-Average Franchise Fee: $22.5K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5/5/5
Passive Ownership: Not Allowed
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 3
On-Going Support: C,D,E,h,I (Click here for an explanation)
Training: 2 Days Site Location; 1 Week Nashville, TN; 1 Week on Location at Start-Up.
Franchisor's Specific Expansion Plans
U.S.: Eastern United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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