ANN ARBOR, Mich., Dec. 4, 2012 (GLOBE NEWSWIRE) -- Mr. Handyman, the largest employer of handymen in North America and fastest-growing home repair franchise, has announced a limited-time accelerated launch program for new franchise partners. From Dec. 1, 2012 until Mar. 31, 2013, any new owner who has signed a franchise agreement will be eligible to participate in the program, which offers a cash infusion of up to $20,000 to help get their business up-and-running.
"We're an organization that prides itself on having an extensive support network for our franchisees and celebrating five percent same-store sales growth in 2011," said Mr. Handyman President Alex Roberts. "The accelerated launch program and cash infusion option is one way to show our newest franchisees that we're willing to do whatever it takes to help our owners with proven marketing and operations programs."
Mr. Handyman will invest up to $20,000 of the initial franchise fees collected for a new home repair business during the first 12 months of operation. The investment will be spent on business-building activities and will be designated for programs at the discretion of the franchisor. These funds are designed to provide supplemental working capital for the franchisees' business and will be invested in addition to the normal working capital required. To participate, any new owner must meet certain criteria set out by Mr. Handyman in advance.
It has been well documented that home improvement businesses have been growing steadily since the start of the recession. More homeowners have turned to maintaining the properties they own while the housing market is down, leading to lucrative opportunities for owners in a franchise system like Mr. Handyman. A study by Harvard University's Joint Center for Housing Studies projects double-digit growth in home-improvement spending for the first half of 2013.
For more on Mr. Handyman, please visit www.mrhandymanfranchise.com. To learn more about the accelerated launch program, please visit http://franchise.mrhandyman.com/accelerated-launch-program.
About Mr. Handyman
Mr. Handyman is part of a network of independently owned and operated franchises with 230 units in North America that provide commercial and residential property maintenance and repair 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. For more information, visit www.mrhandymanfranchise.com.
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Source: Mr. Handyman