Mr. Handyman Reignites Franchise Growth as Housing Market Hits Upswing

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ANN ARBOR, Mich., Sept. 17, 2013 (GLOBE NEWSWIRE) -- Mr. Handyman, a national home repair and maintenance franchise, plans to add approximately 20 franchise locations nationwide in the coming months to meet pent-up demand for home improvements.

The company is currently seeking franchise partners in markets with the most home remodeling spending, as outlined in the 2013 Metrostudy titled "Big Data and the Future of Remodeling." These metro areas include Buffalo, Charlotte, Denver, Oklahoma City, and San Antonio.

Americans postponed home purchases and improvement projects during the Great Recession, but the recent growth in the housing market proves there is again a need for home services providers, such as Mr. Handyman. Homeowners are expected to continue spending more on remodeling projects into 2014, according to a report from the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

"The recent growth of the housing market has increased consumers' demand for home services and improvements," said Alex Roberts, President of Mr. Handyman. "We are increasing our franchise expansion efforts to keep up with the demand proven through our year-over-year sales growth."

The success of current franchise owners nationwide demonstrates the strength of the Mr. Handyman brand and high demand for residential repair services. In the last year, Mr. Handyman has seen same store sales growth of 12 percent.

Mr. Handyman currently has 201 locations in the United States and Canada. The estimated investment to open a Mr. Handyman franchise is $102,000 to $129,600. Interested candidates must have a minimum net worth of $250,000 to qualify. Mr. Handyman is a member of the Service Brands International family of home-services franchises that also includes Molly Maid and ProTect Painters. To learn more about Mr. Handyman's franchise opportunities, visit www.mrhandymanfranchise.com.

About Mr. Handyman

Mr. Handyman is part of a network of independently owned and operated franchises with over 200 units in North America that provide commercial and residential property repair, maintenance, improvement and remodeling services. Founded in March 2000, Mr. Handyman is a member of Service Brands International, a group of service companies that provide a variety of time-saving services ideally suited for today's active consumer. Mr. Handyman is seeking qualified franchise candidates in strategic communities throughout North America. Entrepreneur magazine has consistently recognized Mr. Handyman as one of America's fastest growing, service-oriented franchise systems and the No. 1 handyman service. Since 2009, Mr. Handyman has donated over 3,700 hours to deserving charities, military veterans, fire stations and domestic violence shelters in honor of the National Day of Service and Remembrance. For more information, visit www.mrhandymanfranchise.com.

CONTACT: Tori Unger, Fishman Public Relations (847) 945-1300 or vunger@fishmanpr.com

Source: Mr. Handyman