|Liquid Capital Required:||$50,000|
|Net Worth Required:||$75,000|
|Total Investment:||$60,800 - $139,515|
|Veteran Discount:||Yes; Founding Member of VetFran Program|
|Incorporated Name:||Mr. Appliance, LLC|
|Home Office:||Waco, TX|
|Awards:||Franchise 500 and Best for Vets|
About Mr. Appliance
Mr. Appliance is North America's leading home and commercial appliance repair franchise system. Established in 1996, our franchises provides full-service home appliance repair and light commercial appliance repair services. We have more than 290 locations throughout the United States and Canada and are consistently ranked among the top home service franchises by Entrepreneur magazine and other industry experts.
Mr. Appliance, along with 22 other nationally recognized home service brands, form "Neighborly": a community of home service experts.
Values & History
MissionTo create encore experiences that customers can't wait to share with others.
VisionTo be the appliance service leader renowned for integrity and dependability.
Code of ValuesMr. Appliance locations share a Code of Values and culture to live by, which not only outlines how we work but also how we live our daily lives. We live our Code of Values by accomplishing the following:
- Customer Focus
Mr. Appliance is an award-winning appliance repair franchise, ranked by Entrepreneur as a Franchise 500 Top Franchise and a Franchise 500 Top Franchise for Veterans in 2017, and also ranked by Franchise Times as a top 200+ Franchise. In 2017 Mr. Appliance was also awarded the Best for Vets Franchises Award by Military Times.
In addition to this success, the forecast for the appliance repair industry overall is very strong. Propelled by a decrease in DIY projects as the economy has strengthened as well as an increase in consumers investing in appliance repair given the affordable prices, appliance repair has grown to a 5 billion dollar industry, and it is still growing. Now is the perfect time to break into this arena and start your own appliance repair business with Mr. Appliance.
Purchasing a Mr. Appliance Franchise
The initial franchise investment is determined on a case-by-case basis with a franchise fee of $35,000 and a total investment range of $60,000 to $139,515. A Mr. Appliance Franchise Developer is happy to answer your questions. Be sure to ask your Franchise Developer about financing options like 401K roll-overs, IRA, SBA loans, unsecured lines of credit, and credit card financing.
Ideal Candidate & Qualifications
The possibility of taking on business ownership is exciting. It's a big decision, but one that can result in a lifetime of financial, professional, and personal rewards. When you join us as a Mr. Appliance franchisee, you'll have access to a wealth of resources for running your business. We are dedicated to providing you with a host of support services to help your business thrive.
Owning a business requires an entrepreneurial spirit and a dedication to working hard each and every day. At Mr. Appliance, we take pride in the fact that the majority of our franchisees are former independent appliance repair business owners. We know it takes superior technical skills, proficient customer service experience, and downright grit and determination to build a successful appliance repair business and sustain it. We are looking for appliance repair business owners who want to maximize their profitability, and others who have the skills and qualities that it takes to make running a small business a success.
Training & Support
At Mr. Appliance, our franchisees are our top priority. We understand the importance of feeling secure in your business, so we make sure to give you all the information, tools, and resources you need to feel prepared. All of our franchisees are guided through the franchise opening process by a dedicated Sure Start Consultant. Then, once the business is established and you are up and running you will have a dedicated Franchise Consultant as well.
To help ensure your success we offer training in areas such as: setting up systems and operations; technology use; marketing; finance management; and ongoing training and development. Mr. Appliance and Neighborly also offer regional and national conferences to give franchisees the opportunity to gather, share, and learn together. There's nothing like talking "shop" with fellow franchisees — they just understand the business!