Verified — real FDD extraction
SBA-eligible · directory code S5226 since 2020
ACE HANDYMAN SERVICES
Home Services · independent · est. —
Ace Handyman Services is a home-repair franchise affiliated with the Ace Hardware brand, offering handyman work such as carpentry, drywall, fixture installation, and small remodeling jobs. A franchisee manages a team of employed craftsmen dispatched to homeowners and light-commercial clients, running scheduling and sales from a small office.
ACE HANDYMAN SERVICES net unit count grew +5.8% from 2023–2025 per its FDD Item 20.
New to franchising? Start here
A franchise is a business where you (the franchisee) pay a company (the franchisor) for the right to open and run a location using their brand and system — think a local Anytime Fitness or Taco John's owned by a small-business owner, not the corporation.
Before you can buy in, U.S. law requires the franchisor to give you a Franchise Disclosure Document (FDD) — a long legal filing covering its fees, finances, and history. The numbers on this page come straight from that document:
- Franchise fee — the one-time cost to buy in.
- Royalty — the ongoing cut of your sales you pay the franchisor.
- Item 20 — how many locations opened and closed, the basis for our verdict (from Proven & strong down to Distressed — or Too new to judge).
The verdict
Proven & strong
Distress
Enough units and history to judge, and the record is good: growing or stable units with clean exits by the standards of its disclosed record. The standout in the record: owner turnover is low.
Exit rate · latest year
7.0%
vs 9.2% across 42 home services systems
Cost to open
$132K–$226K
Item 7 total investment range
SBA loan defaults
13.0%
23 loans resolved — directional only
Behind the verdict
the record, factor by factor · Item 20
3-yr trend · Item 20 Table 1
terminations + ceased-ops vs. all exits · Table 3
transfers vs. base · Table 3
actual vs. projected openings · Table 5
Item 19 disclosure + completeness
Systemwide units
2023–2025
Survival record
FDD Item 20 · outlet status by year
In fiscal 2025, 26 of 369 franchised outlets left the system — a 7.0% annualized exit rate, vs 9.2% across 42 home services systems. Not every exit is a failure — but this is the measurable floor.
Show the outlet tables ↓Hide the evidence ↑
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 312 | 379 | 387 |
| Opened | 82 | 35 | 40 |
| Transfers | 11 | 12 | 19 |
| Terminations | 8 | 7 | 10 |
| Non-renewals | 3 | 6 | 2 |
| Reacquired by franchisor | 5 | 5 | 0 |
| Ceased — other reasons | 4 | 15 | 14 |
| Outlets at end | 379 | 387 | 401 |
| Net change | +67 | +8 | +14 |
The lender's view
SBA 7(a)/504 loan performance · FY1991–present
Banks have made 101 SBA-backed loans to ACE HANDYMAN SERVICES franchisees since 2020. Only 23 have resolved so far — too thin for a reliable default rate, but 3 of them charged off.
—
23 resolved · too thin to rate
—
avg. charged-off $ ÷ approved $
—
default rate × loss severity
$155,731
what recent franchisees borrowed
36 mo
approval → charge-off, defaulted loans
21 vs 2
distinct banks still lending
Charge-off rate by loan approval year (%)
Loan performance by state
SOURCE: SBA 7(a)/504 FOIA LOAN DATA (DATA.SBA.GOV), FY1991–PRESENT · MATCHED TO ACE HANDYMAN SERVICES BY FRANCHISE NAME · RESOLVED = CHARGED-OFF + PAID-IN-FULL
The owner's side of the deal
FDD × federal loan record
Who finances it
United Midwest Savings Bank National Association
71.3% of this brand's loans
That lender charges off 35.4% of its loans to other franchise brands, vs 14.8% nationally.
Who buys it
83.5%
first-time franchise owners
The rest already owned at least one other franchise. Across the corpus, brands bought mostly by repeat operators charge off at roughly 10% versus 17% for brands sold mostly to newcomers.
Does experience help here?
Not enough resolved loans to split
Computed from 101 SBA 7(a)/504 loans to ACE HANDYMAN SERVICES franchisees joined to the brand's own FDD. Debt service assumes level amortization at the average disclosed term and rate. A lender's rate excludes its loans to this brand, so it reads the lender, not the brand.
What it costs — and what it drags
FDD Items 5–7 · fees, investment, royalty
Buying in means a $70K franchise fee (Item 5) and a total investment of $132K–$226K (Item 7). The franchisor publishes an earnings claim (Item 19) — read its methodology closely.
To open (Item 7)
$132K–$226K
all-in investment range
Franchise fee (Item 5)
$70K
upfront, one-time
Royalty (Item 6)
6%
of sales, ongoing
Your figure — cross-check against this brand's Item 19 and current-owner validation.
Royalty you'd pay / yr
$60K
6% of sales, before profit
Over a 10-yr term
$600K
royalties alone, excl. ad fund
This is not profit. It's the only money the FDD actually pins down — what you put in, and the royalty you owe on every dollar of sales. Your real take-home depends on labor, rent, food cost, and ramp-to-breakeven, none of which any FDD discloses.
Build a real pro-forma for ACE HANDYMAN SERVICES with an independent CPALabor record
US Dept. of Labor enforcement · franchisee-level · FY2005–present
Federal investigators have concluded 1 wage case against operators of this system, recovering $193 in back wages for 5 workers, including 1 child-labor case. Some of these cases are recent, not ancient history. These cases name franchisee-owned locations, not the franchisor itself.
Concluded cases
1
Back wages owed
$193
Employees affected
5
Since 2020
1
1 of these cases involved child-labor violations, covering 1 minors across the system's franchised locations.
Read this carefully. The employers in these cases are individual ACE HANDYMAN SERVICES franchisees — separately owned businesses operating under the brand name — not ACE HANDYMAN SERVICES itself. The franchisor is not the respondent and in most cases is not a party. What the record shows is how this system's operators run their payrolls, which is worth knowing before you become one of them. Counts rise with system size and with age: a 20-year-old, 10,000-unit system will out-count a young one regardless of conduct. Source: DOL Wage and Hour Division concluded compliance actions, FY2005–present, most recent finding 2025.
Modeled risk
FDD Risk Score · modeled from the public record
Modeled from the public record, this brand looks riskier than 91% of systems we score.
Risk percentile
91 / 100
Loan-corroborated
Modeled SBA charge-off
21.3%
Observed SBA charge-off
13.0%
Top drivers: Share financed by high-loss lenders (raises) · Single-lender dependence (lowers) · System size (log units) (lowers) · Investment ceiling (log) (raises). 15+ resolved loans stand behind this estimate. A linear scorecard built from this brand's own disclosure figures plus the federal loan record behind its franchisees; full spec and cross-validated accuracy on the methodology page. A score is context, not a verdict.
Distress signals
news-sourced · bankruptcies, closures, lawsuits
No recent closures, bankruptcies, or major lawsuits found in the news for ACE HANDYMAN SERVICES. That's a good sign — but it reflects news coverage, not a guarantee.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing ACE HANDYMAN SERVICES's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →ACE HANDYMAN SERVICES franchise questions, answered from the filings
What percentage of ACE HANDYMAN SERVICES franchises closed last year?
In ACE HANDYMAN SERVICES's latest FDD Item 20 (fiscal 2025), 26 of 369 franchised outlets left the system — an annualized exit rate of 7.0% — compared with 9.2% across 42 home services systems tracked here. That counts terminations, non-renewals, and "ceased operations — other reasons." There is no official failure rate, and not every exit is a failure, but this is the measurable floor.
How much does a ACE HANDYMAN SERVICES franchise cost?
Per ACE HANDYMAN SERVICES's 2026 FDD, buying in requires an initial franchise fee of $70K (Item 5) and a total initial investment of $132K–$226K (Item 7).
What royalty does ACE HANDYMAN SERVICES charge?
ACE HANDYMAN SERVICES charges an ongoing royalty of 6.0% of gross sales, per Item 6 of its 2026 FDD.
Does ACE HANDYMAN SERVICES disclose earnings (Item 19)?
Yes — ACE HANDYMAN SERVICES makes a financial performance representation in Item 19 of its 2026 FDD. Read it closely: franchisors choose which units and which metrics to include.