House Doctors Frequently Asked Questions
Do you have questions about the House Doctors franchise opportunity? Take a look at our most common questions.
What are the startup costs for a House Doctors franchise?
Startup costs for a House Doctors Home Improvement and Handyman Franchise range from $104,625 - $133,125.
How long before I start to make money?
In every business there are many variables that can impact “time to cash flow positive”. How well is the business managed and how much is the debt service for example? If you consider debt service, it can vary from franchise to franchise. Some franchisees open with no debt to service while others take out loans for 70% - 75% of the investment required. That’s why we encourage you to speak with a number of existing franchisees to gain an understanding of the length of time it took them to become “cash flow positive”.
How much money will I make?
Again, in every business there are many variables that can impact how much money you will make. As part of our Discovery process we will provide you with a Franchise Disclosure Document. The House Doctors FDD will give you details on the costs associated with the startup and the costs incurred ongoing as you grow the business as well as including a section that discloses financial performance information for a number of the HouseDoctors franchisees who voluntarily supplied their financial data.
What are the House Doctors Royalties?
Royalties are 6% of labor revenue or 4% of material revenue, and 2% of gross revenue to National Marketing Fund.
OPERATIONS & TIME TO OPEN
Do I need to know how to do the work?
No. Our franchisees do not swing a hammer. They are leaders, team builders, managers, marketers and networkers.
How do I find staff?
We have our own jobs site www.jobs.housedoctors.com where franchisees place ads when looking for staff. We've partnered with one of the largest recruiting companies Recruiting.com who is a leader in the industry. They have a number of Brands that are household names in recruiting: Recruiting.com, Jobing.com, Outplacing.com, CRM, RecruitingJobs.com, HRJobs.org, Diversityjobs.org, Veteranjobs.com, and many, many, more. HouseDoctors job site auto populates their network when franchisees advertise for staff.
How does House Doctors differ from the competition?
House Doctors started over 20 years ago as one of the first to bring professionalism to the industry. The Company over that time has built a high quality reputation for providing a variety of reliable, handyman and remodeling services. The Company’s “more than just a handyman” motto and it’s highly trained franchisees and workforce provide a significant infrastructure to develop increasing growth opportunities including product installations, light remodeling and home modifications for the aging population both locally and nationally. That’s why franchisees are happy to renew agreements.
How long does it take to open my business?
In general around 3-4 months is typical. It can take 4-6 weeks to go through your Discovery Process, with 2-4 weeks for finance. Once you buy your franchise and secure your protected territory you go on the House Doctors Fast Start Program. This can take 4-6 weeks. You then come to Cincinnati for 1 week of classroom training. After classroom training you’re ready to start and hit the ground running.
How do I generate leads?
Marketing for your professional handyman / home improvement business has changed over the years. Today’s House Doctors franchisees benefit from a number of proven lead generation programs like, on-line web portals that auto-feed leads directly into your office, or yard signs, door hangers and van wraps that get you noticed in the field.