Mr. Appliance Franchise — Costs & How to Buy
Service You Can Trust!
- Initial investment
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- Franchise fee
- —
- Royalty
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- Units open
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- Liquid capital
- $75 – $150
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Overview
Mr. Appliance is an appliance repair franchise company that provides skilled and affordable repair services for both residential and commercial customers. They aim to offer convenient services that fit into the customer's schedule, ensuring proper functioning of valuable home and business appliances. The brand operates under a strong Code of Values, emphasizing respect, integrity, and customer focus to deliver trustworthy service.
Key differentiators
["Commitment to a strong Code of Values (RICH: Respect, Integrity, Customer Focus, Having Fun) guiding all interactions and work.","Focus on convenience and customer scheduling for services.","Provides helpful online resources and tips for appliance care and troubleshooting, positioning themselves as experts.","Skilled and affordable service delivery.","Easy online booking options for scheduling service."]
Training & support
Sure Start 4-6 week program with classroom-style business operations, sales, and marketing training; ongoing franchise business coach support
Ideal candidate
Their target market includes homeowners and businesses experiencing issues with their appliances, seeking professional, reliable, and convenient repair services. Customers are likely looking for experts who can diagnose and fix problems efficiently, offering trustworthy service with a focus on customer satisfaction and clear communication. The emphasis on 'valuable appliances' suggests customers who prefer repair over premature replacement.
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Mr. Appliance franchise — frequently asked questions
How much does it cost to open a Mr. Appliance franchise?+
Total initial investment for a Mr. Appliance franchise typically ranges from $0 to $0, including the franchise fee, build-out, equipment, initial inventory, and working capital for the first three months of operations.
What ongoing fees does Mr. Appliance charge?+
Franchisees pay an ongoing royalty calculated as a percentage of gross revenue, plus a brand development fund contribution. Specific percentages and minimums are disclosed in Item 6 of the Franchise Disclosure Document.
Do I need industry experience to own a Mr. Appliance franchise?+
No prior industry experience is required. Mr. Appliance provides initial training, an operations manual, and ongoing field support. Successful candidates typically bring management experience, leadership skills, and a willingness to follow the system.
How long does it take to open a Mr. Appliance location?+
From signed franchise agreement to grand opening, most Mr. Appliance franchisees open within 6 to 12 months. Timeline depends on real estate selection, permitting, build-out, and training completion.
Is financing available for Mr. Appliance franchisees?+
Mr. Appliance is registered with the SBA Franchise Directory, which streamlines SBA 7(a) loan approval. Most franchisees finance 60–80% of the initial investment through a combination of SBA loans, equipment financing, and personal capital.