
Website: www.mrappliancefranchise.com
Franchise Fee: $53,125
Cash Investment: $85,000
Total Investment: $147,750 - $273,175
Net Worth: $200,000
VetFran: Yes
SBA Approved: Yes
Master Franchise / Area Developer Opportunity: No
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The first franchise company of its kind, Mr. Appliance targets the high demand appliance repair industry. Mr. Appliance specializes in the service and repair of all brands of major household appliances. Leaning toward the higher end, upscale home appliances, Mr. Appliance is the best path for a true entrepreneur into this 2.7 billion dollar industry. At Mr. Appliance, we bring the professionalism back with well-trained service professionals. Franchisees have assistance to enter the light commercial service arena as well. A franchise can start from the home and then work into a small mixed-use office/warehouse location as the business grows in size and employees. The support from the World Headquarters includes on-going support by way of Franchise Systems Managers that will visit franchisee locations to help both office and field personnel with continual polishing of their relationship building and business skill sets.
AVAILABLE MARKETS
US markets available: All except noted below
HOT Regions/Desirable: All
NOT available: Pending in HI, MN
Available in Canada: Yes
International Referrals: No
BACKGROUND
Established: 1996
First Unit Franchised: 1996
Franchised Units: 228
Company Owned Units: 0
E2 Visa Friendly: Yes
Average Number of Employees: 4
Passive Ownership: No
Home Based: No
Absentee ownership available: Neighborly brands may support a semi-absentee model depending on factors unique to each location and ownership. We recommend reaching out directly to a Neighborly representative to discuss specific requirements and conditions for semi-absentee ownership.
B2B: Yes
Master Franchise Opportunities: No
FINANCIAL/TERMS
Cash Investment: $85,000
Total Investment: $147,750 - $273,175 (plus any additional territory costs)
Minimum Net Worth: $200,000
Franchise Fee: $53,125
Providing earnings guidance in Item 19 in FDD: Yes
Royalty: 5-7 %
Ad: Map Fee 2%
VetFran program: Yes
SUPPORT & TRAINING PROVIDED
Financial Assistance Provided: Yes
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: Yes
Co-Operative Advertising: No
Training:
Phase 1 training - Online video / webinars;
Phase 2 training - 1 weeks business training in Waco, TX;
Onsite and regional meetings after.
The Neighborly Broker Hub is a centralized resource built exclusively for our broker and consultant partners to support every stage of the candidate journey.
The Hub provides easy access to marketing videos, brand collateral, one-pagers, brochures, and other share-ready materials brokers can confidently send directly to candidates. It also offers simple tools to check priority markets and territory availability, helping brokers quickly identify where each brand is actively focused and growing.
Year founded: 1996
Year Franchised: 1996
Home Based: No
| Franchise Fee: | $53,125 |
|---|---|
| Providing Earnings Guidance in Item 19 in FDD: | Yes |
| Total Investment Range: |
Single Unit: $147,750 - $273,175 |
| Net Worth Requirement: | $200,000 |
| VetFran Program: | Yes |
There are currently no resales listed for this franchise.