In today’s high-interest-rate housing market, more homeowners are choosing to stay put. The growing demand for handyman services is opening big doors for entrepreneurs. As families prioritize comfort, functionality, and resale value, the home remodeling market is expected to grow steadily through 2025.
Here’s why home remodeling franchises like Ace Handyman Services are poised for success — and why now is the best time to invest.
Home Remodeling Franchises Are Thriving
Demand for home remodeling services is on the rise. The global market is worth over $3.5 trillion and forecasted to grow at a 3.8% compound annual growth rate (CAGR) through 2034.
What’s driving this growth?
- Homeowners aren’t moving. High property prices and mortgage rates are keeping people in place, with 61% of homeowners preferring to renovate instead of relocate.
- Demand for functional upgrades. Remodels for kitchens, bathrooms, and outdoor living spaces are top projects, often with high returns on investment. In 2024, a minor kitchen remodel saw an average 96.1% ROI, with some outdoor projects yielding ROIs as high as 194%.
- Aging homes need work. The U.S. housing stock is aging, with more than one-third of homes built before 1970. That means ongoing demand for repairs, upgrades, and maintenance.
Franchises Offer Lower Failure Rates
Starting a business is risky, but franchising significantly improves your odds of success. Let’s take a look at the numbers:
- 7-9% of independent businesses fail each year, compared to just 3-5% of franchises.
- 50% of non-franchise startups fail within 5 years, compared to just 4% of franchises.
- In 2023, just 15 out of 305 Ace Handyman Services franchise units closed in 2023, representing a low failure rate of 4.9%.
What makes home remodeling franchises more resilient? They come with a blueprint for success. When you join a brand like Ace Handyman Services, you get a major head start: national brand recognition, ongoing franchise training and operational support, built-in marketing, and a community of fellow franchise owners all come with the territory.
No Home Remodeling Experience Required
You don’t need to be a professional contractor to own a home remodeling franchise. In fact, it’s okay if you’ve never picked up a hammer!
Franchisees with Ace Handyman Services focus on business ownership: managing teams, scheduling jobs, and delivering exceptional customer service. Our handyman business model is designed for people from all backgrounds, with no trade experience required.
Don’t know the difference between a Phillips and a flathead? No problem. You can confidently own your own home remodeling franchise with hands-on training and support from Ace Handyman Services.
Home Remodeling Franchises Are Recession-Resistant
While other sectors may see a decline during economic downturns, the need for home maintenance never disappears. Whether it’s a leaky faucet fix or a full kitchen remodel, homeowners can’t afford to ignore needed improvements.
Several additional factors continue to drive year-round demand for home remodeling franchises:
- Remote work: More people are investing in home offices and functional spaces.
- Aging population: Older homeowners are updating their homes to age in place safely.
- Delayed moves: Families staying longer in their homes are investing in comfort, style, and energy efficiency.
Together, these trends make home services one of the most stable franchise sectors to invest in for 2025.
Businesses Built for Growth
A major benefit of franchising is scalability. Ace Handyman Services makes it easy for franchisees to:
- Expand into additional territories
- Add additional team members and service offerings
- Generate recurring business through long-term customer relationships
From general repairs to custom projects, a home remodeling franchise offers multiple revenue streams and long-term earning potential that can grow with your handyman business.
Join the Leading Home Remodeling Franchise
Ace Handyman Services franchise partners benefit from unmatched brand recognition, operational excellence, and decades of industry experience. As a franchisee, you’ll receive:
- A proven business model with single-digit failure rates
- Ongoing training and support at every stage of your growth
- Dedicated marketing resources and exclusive territory options
- A turnkey franchise system that empowers you to hit the ground running
Ready to join one of the most resilient and rewarding industries in franchising? Schedule a call with our team now to learn more about our franchise opportunities and available territories.
