In the past five years, the Handyman Service Franchises industry was adversely affected by the collapse of the housing market, resulting in lower demand for industry operators. However, revenue declines were moderated because of demand for minor household maintenance and repairs. Additionally, the industry benefited from an increase in household income and an accelerating housing market. In the five years to 2019, the industry will continue to grow, supported by an accelerating housing market. Rising housing prices coupled with increasing existing home sales will drive demand for repairs and small remodeling projects performed by handyman franchises. In particular, a key area of demand will likely stem from households making energy-efficient upgrades to windows, doors and insulation, to decrease energy costs. Moreover, the large pool of new homes will also require repairs expanding the potential customer base for industry operators.
This industry provides general maintenance and repair services to residential and commercial customers, including plumbing and electrical repairs, appliance installation and repair, painting and carpentry.
Our Business Franchise reports focus solely on franchised outlet operations and exclude nonfranchise data. They show the total number of franchise outlets, total revenue and the average profit margin earned. Our reports also highlight the largest franchisors by market share.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.