The Honey Do Service
How do I buy my own The Honey Do Service Franchise?
In order to buy The Honey Do Service franchise of your own, you will be required to have a minimum of $50,000 in liquid capital and be able to make an initial total investment of $86,630 to $177,200. Your investment will cover the cost of starting your own The Honey Do Service location such as the franchise fee, marketing expenses, office equipment, licenses and permits, equipment as well as training.Our Franchise Opportunity
The Honey Do Service, Inc. is a full-service handyman/remodeler formula focused on residential and light commercial services. We offer services from basic handyman items all the way up to full additions and kitchen/bath/basement remodeling. Our system allows franchise owners to quickly capture a premium position as the most professional and qualified handyman, and remodeling firm in their community.
About
A Leader in The Much Needed Home Improvement/Repair Niche
The Honey Do Service, Inc. performs high-profit home improvement and light commercial services. Each Honey Do Service location is individually owned and supported by our dedicated team of specialized business, technical, and marketing coaches. Our services are always in need and deemed critical in the eyes of our customers.
How Are We Unique?
The Honey Do Service, Inc. fills a much-needed gap in the Home Services industry. Unlike our competitors, we don’t seek out the “low-hanging fruit” that most single-man service companies go after. We also don’t try to compete with full home builders. We fill the gap between the two, offering fixed-price project completions such as simple repair, remodel and replace, all the way up to complete room additions, and kitchen/bath remodeling.
What's in it For You?
The top 50% of our locations average annual sales of $1,006,341
- High gross margins - 65.5%
- High per ticket average - $2,375
- Startup assistance and grand opening support
- General Contractor's License Acquisition Program
- EPA Lead Paint Renovation Certification
- Website for local visibility & leads, designed and optimized by our in-house Google Certified Professional team
- Custom marketing materials with ongoing advertising support and management from your own in-house marketing team
- Enhanced benefits package, payroll processing, & HR department for you and your employee team
- Software system and complete library of forms & manuals supplied to you
- Proprietary Job Estimation software and bookkeeping support
- Tools for staff screening & hiring
Superior Training & Support
Assistance starts the day a new franchise agreement is authorized. There is an extensive start-up guide provided immediately, which covers business formation, business licensing, contractor licensing prep and testing, vehicle acquisition, and much more.
Following this, new owners attend a two-week in-person training at our Bristol, VA headquarters.
Our support team will then travel to the new location and spend an additional week with the new owner, the office manager, and other onsite staff members.
We distinguish ourselves by including State-specific general contractor license acquisition assistance, as well as all Honey Do Service owners are EPA Lead Paint Renovation certified.
Support is ongoing and expected for the life of the franchise owner’s business.
We Are Deemed an Essential Business
During the housing market crash of 2008, as well as the COVID-19 pandemic, The Honey Do Service, Inc. excelled due to homeowners making the choice to fix or upgrade their properties instead of simply selling and moving up. During good times or challenging times, our customers deem our services essential to their lifestyle.
Additionally, according to a recent study, The RRI (Residential Remodeling Index) is expected to average YOY increases of 2.0% in 2020, and 2.4% in 2021.
What Makes A Good Owner?
Our ideal candidate is someone who has some good business knowledge and experience, a passion for community service, ties to their community, pride in their workmanship, good leadership skills, and a sense of being a perfectionist.
We favor those with construction experience, whether formal or home DIY’er. However, our Contractor Licensing Assurance Program ensures that all our owners, regardless of experience, have the necessary licensing to perform Honey Do Services in their territory.
Our owners do not perform the home improvement themselves; they lead and support their craftsmen to do so. The franchise system is designed for the person looking to own and operate a low-cost-of-entry business where the owner is not the principal worker.
Veteran and Contractor Discounts
We value all our veterans. We know we owe the freedom to own and build our brand due to the sacrifices of our military men and women. All veterans will receive $5000 off of the franchise fees.
We also know it takes a special person to get their general contractor’s license on their own, and we respect the hard work that went into securing it. Come to us with an existing general contractor’s license, and we’ll reduce your franchise fee by $2000.
* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.