Got questions? We have answers.
What you need to know.
Here are answers to some important questions you might have. If you have additional questions about what it takes to become a home improvement franchise owner with Husband For A Day, we invite you to contact us!
What experience do I need to become a Husband For A Day home improvement franchise owner?
We acknowledge that franchise candidates with a background in building or home services will have less of a learning curve getting started, but general business management experience, enthusiasm for the industry, and a willingness to be trained and certified make this opportunity an option for many. Licensing is required but can be acquired after the signing of the franchise agreement or can be held by a member of the franchisee’s team. General Contractors welcome!
What is provided as part of the Husband For A Day franchise opportunity?
Your comprehensive initial training program will last up to sixteen (16) days in duration, for both office and technician staff. Training will be held at HFAC corporate support center, and we’ll also spend two days in your local area providing on-site support around the time of your business launch. Training will cover topics such as technical training, business plan analysis, marketing, profitability, and maximizing business opportunities. In exchange for your commitment to the HFAD system and brand, you’ll have access to approved franchise management software systems, lists of approved suppliers, a confidential operations manual and programs and materials for ongoing marketing campaigns.
How much will a Husband For a Day building franchise investment cost me?
The total initial investment necessary to begin operations ranges from $86,500 and $129,000. This includes a $25,000 initial franchise fee. As with any new venture, it’s important to have adequate capital to fund the initial business growth stages.
Is financing available?
No. We do not provide direct financing to franchisees, but we may refer to financing sources on a case by case basis.
Are there ongoing fees to pay?
We charge a royalty fee equal to 7% of gross sales, (except for material revenue); a minimum monthly flat royalty fee, ranging from $350-$750, begins in month 13. These fees allow us to fund our ongoing support services and the continued development of product and supply channels, marketing tools, training programs, and systems upgrades to keep your business running effectively.
What is the term of the agreement?
The initial term of your agreement is five years, with two subsequent successor agreement options of five years each.