All the handyman franchises require a leased building except Klappenberger & Son.
There are benefits to having a leased space but are they worth the expense? Besides the monthly lease comes additional expenses such as decorating and office furniture. In addition, monthly expenses such as wifi and utilities only reduce the profits and do not build resale value.
Consider a lease of $1,450 per month plus monthly expenses of, say, $300.00 over ten years, would cost $210,000.
In my experience, I was able to operate a 2 million dollar painting and handyman business through my house. Trucks were kept at the workers’ homes, and tools were left inside the vehicles.
Not having an office with storage space discouraged us from saving leftover material from jobs. I also viewed this as a positive.
Probably the biggest plus of operating from home is deducting parts of your home for tax purposes. We could deduct about 20% of our home plus a shed where we kept tools.
Please draw your own conclusion, but having the option to start at home has benefits. If later, as the franchise grows, you feel it would be in your best interest to have a separate place than at least you saved some portion of money by working at home.