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.
To buy a franchise with The Honey Do Service, Inc., you'll need to have at least $53,000 in liquid capital and a minimum net worth of $150,000. Franchisees can expect to make a total investment of $85,630 - $122,200. The Honey Do Service, Inc. charges a franchise fee of $29,000. They also offer financing via 3rd party. *
Liquid Capital: | $53,000 What does Liquid Capital mean? |
---|---|
Net Worth: | $150,000 What is Net Worth? |
Total Investment: | $85,630 - $122,200 What does Total Investment mean? |
Franchise Fee: | $29,000 What is a Franchise Fee? |
Financing: | Via 3rd party |
---|---|
Training: | Available |
Total Units: | 16 |
---|---|
Year Founded: | 2002 |
Franchising Since: | 2008 |
Home Office: | Bristol, VA |
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.
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.
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 plumbing, electrical, and renovation, all the way up to complete room additions, and kitchen / bath remodeling.
The top 50% of our locations average annual sales of $650,679
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.
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.
Our ideal candidate is someone that 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, but our Contractor Licensing Assurance Program insures 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.
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
Alabama, Alaska, Arizona, Arkansas, Colorado, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, D.C., West Virginia, Wyoming
Interested parties should have at least $50,000 in liquid capital to invest.