Established
1996
Franchise Units
332
Minimum Investment
$113,750
Franchise Fee
$63,750
Total Investment Range
$204,350
Home Based
Yes
Description
Mr. Appliance is a premier franchise opportunity in the highly profitable appliance repair industry, specializing in the service and repair of all major household appliance brands, with a focus on high-end, upscale home appliances. With the appliance repair industry valued at $2.7 billion, Mr. Appliance stands as the go-to choice for entrepreneurs looking to enter this lucrative sector. Franchisees receive comprehensive training and support, ensuring that their service professionals uphold the highest standards of professionalism.
Starting from home-based operations, franchisees have the flexibility to grow into a small office/warehouse as the business expands. Mr. Appliance also offers opportunities to venture into light commercial services, increasing revenue streams. Franchisees benefit from ongoing support from Franchise Systems Managers, ensuring their business continually evolves with polished skills and superior customer relationships.
Background
Established: 1996
First Unit Franchised: 1996
Franchised Units: 332
Company Owned Units: 0
States Registered In: All US
Support Training
Financial Assistance Provided: Yes
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: Yes
Co-Operative Advertising: No
Training: Extensive initial pre-training assistance
Intensive hands on success academy training
On going continuing education by a trained Business coach
Ideal Candidate
Our ideal owner is a "people person." At the end of the day, you’ll be running a customer-service business that happens to be exceptional at repairing appliances. As a Mr. Appliance owner, you’ll need to lead this charge, creating a customer service infrastructure and culture that stands out in your community.
- You’re the kind of person other people want to work for
- You enjoy the fact that your team is able to play hero to the ‘Dianes’ in your community
- You’re able to apply your years of corporate experience to real-world ownership
- You thrive within structure and process
- You enjoy leading, mentoring and growing a team
- You’re a problem solver who always keeps an eye on the bigger picture
Financial Detail
Initial Investment Range: $113,750 - $204,350 (plus any additiional territory costs)
Franchise Fee: $63,750
Minimum population: 125,000 ($425 per additional 1000 population)
Royalty: 5-7% sliding scale
Ad: 2%
Average Number of Employees: 8
Passive Ownership: Semi-passive
Home Based: Yes
Veteran Discount: 20% off initial franchise fee
B2B: Yes
Master Franchise Opportunities: No