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Mr. Appliance - Franchise

Mr. Appliance, a Neighborly company, is the nation's leading appliance repair services franchise.

Requirements

Financial requirements for this franchise:

Liquid Capital: $85,000
What does Liquid Capital mean?
Franchise Fee: $63,750
What does Franchise Fee mean?
Total Investment: $113,750 - $204,350
What does Total Investment mean?

Options

Options available to franchisees:

Financing: Via 3rd party
Training: Available
Veteran Discount: Mr. Appliance offers a 20% off initial franchise fee for qualified veterans via VetFran.
SBA Approved: Available

Franchisor Details

Facts about this franchise:

Franchise Units: 335
Year Founded: 1996
Franchising Since: 1996

What Does a Mr. Appliance Franchise Cost?

To buy a franchise with Mr. Appliance, you'll need to have at least liquid capital of $85,000. Franchisees can expect to make a total investment of $113,750 - $204,350. Mr. Appliance charges a franchise fee of $63,750. They also offer financing via 3rd party as well as a discount for veterans (Mr. Appliance offers a 20% off initial franchise fee for qualified veterans via VetFran.). *

Mr. Appliance Franchise Overview

Since 1996, Mr. Appliance® has provided a variety of appliance repair services as a nationally recognized industry leader. Mr. Appliance franchise owners serve customers in more than 335 locations across North America. Whether converting an existing appliance repair business or starting a new one, franchise owners looking to be their own boss have the support and resources to pursue their dream of business ownership in a growing industry.

Mr. Appliance is proud to be a part of Neighborly®, the world’s largest home services franchise with 19 brands and more than 5,000 locations focused on repairing, maintaining, and enhancing properties. Utilizing decades of experience and scale through the Neighborly Hub, this multi-brand portfolio provides our franchise owners with distinct advantages like improved networking opportunities and customer referrals between brands in the same local market, ultimately creating value for franchise owners and customers alike.

The Neighborly Done Right Promise™ is a core component of putting customer service first by taking the stress out of home maintenance, having pride in the work that gets done, and promising to make things right. Additionally, the culture across the entire family of brands is embodied by the Neighborly Code of Values, which emphasizes the importance of fostering a set of ideals that guide the organization. These elements, while small to some, set Neighborly and Mr. Appliance franchise owners apart from the competition.

Why Franchise With Mr. Appliance?

No Industry Experience Required: By utilizing an executive ownership model where you make the decisions and manage your own business, you won’t need to hold a wrench to be successful, especially after hiring an expert staff.

Recession-Resilient Model: With most households containing 6-8 major appliances, our service offering has the breadth to cover a variety of repair needs. Mr. Appliance franchise owners can capitalize on the increased demand due to modern appliance quality, limited national competition, and a technician force that understands the biggest brands and latest trends.

Prime Territories: With available territories in some of the fastest-growing markets, there’s ample space and demand to establish your franchise. Better yet, thanks to designated territories, you’ll be able to collaborate and share best practices with other Mr. Appliance locations instead of compete for the same customers.

ProTradeNet® Buying Power: Exclusively available to Neighborly brand franchise owners, you’ll have access to discounts and rebates from over 250 preferred vendors, such as Marcone and Encompass. In 2023, Neighborly brand franchise owners who joined PTN collectively received over $8.7 million in rebates and $98 million in up-front savings.

Award-Winning Recognition: With more than 25 years of success, Mr. Appliance has been recognized by leading organizations within the franchising space, such as Entrepreneur Franchise 500®, Franchise Business Review Top 200, and Franchise Times Top 400®.

Veteran Discounts: We are proud to partner with VetFran and offer franchise fee discounts for qualified veterans. With more than 425 current Veteran owners across Neighborly brands, we’re committed to helping transitioning and current Veterans achieve their business goals.

Our Ideal Candidate

Our franchise owners come from all walks of life. Some have held positions in corporate environments and are looking for a career change, while others have worked in the industry and are looking to lead their own business. No matter their background, our franchisees have a shared passion for providing a variety of reliable and quality services in their community. Some characteristics displayed by our most successful franchisees include:

  • Entrepreneurial spirit driven to set and achieve goals
  • Desire to build genuine relationships with customers, employees, and other franchisees
  • Penchant for problem solving and critical thinking
  • Commitment to delivering consistent, high-quality service
  • Accountable to financial responsibilities and requirements
  • Consistently dependable and reliable with words and actions
  • Appetite for expanding knowledge and continuing education

Training and Support​​

Mr. Appliance franchise owners benefit from specialized training, operations, and support systems, including:

Sure Start: This training program connects you with a designated consultant that will work closely with you to provide in-depth marketing and sales training as you get started with your business.

Franchise Business Coach: You’ll be paired with a knowledgeable FBC to help answer questions, provide support, and ensure accountability as you grow your business.

National Marketing: Led by a team of experts on behalf of all franchise owners, efforts on asset development, marketing initiatives, and cross-brand promotion improve brand recognition.

Local Marketing Specialist: These knowledgeable experts set the stage for integrated plans and tactics in your market that focus on customer acquisition, retention, and reactivation.

Ongoing Training: Comprehensive education opportunities such as regional training events, national conferences, and owner collaboration ensure you have the knowledge to function at the top of your game.Neighborly App: This free app makes it convenient for customers to find your brand, get inspiration for home projects, and book service appointments with just a few clicks.

Digital Integration: In an increasingly technology-based world, hosted landing pages, SEO and PPC guidance, and social media presence make it easier for customers to find your business.

Franchisee Testimonials

"Being a franchise owner puts us in a unique position to help both our employees and our community."
- Bill Crane

"When I saw the opportunity with Mr. Appliance and having that sense of purpose on the same level that I had it with the military, if not more, it was a great opportunity and that's why I took it."
- Quentin Smith

"The benefit of being a franchise owner is that you have the freedom to run your own business but knowing that you're not alone."
- Regina Mathews

"The franchise has been a blessing to myself and our family. We've been able to establish a great team of people."
- Jim Roark

"It's cool to see employees make personal goals and to watch them accomplish those alongside accomplishing our business goals."
- Heather Johnson

* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.

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