Mr. Appliance Franchise FDD, Profits & Costs (2025)
Mr. Appliance, established in 1996, is a premier appliance repair franchise known for providing full-service residential and light commercial appliance repair. Headquartered in Waco, Texas, the company has become a respected name in the appliance repair industry, offering services across the United States and Canada.
The franchise began its operations to empower entrepreneurs with a robust business model and a strong support system, fostering growth and operational success in numerous locations.
The franchise stands out due to its affiliation with Neighborly, a renowned network of home service brands, which enhances its credibility and market presence.
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Initial Investment
How much does it cost to start a Mr. Appliance franchise? It costs on average between $114,000 – $204,000 to start a Mr. Appliance franchised store.
This includes costs for vehicle outfitting, equipment, tools, and initial operating expenses. The exact amount depends on various factors, including the size of the service territory, the location, and whether the franchisee chooses to lease or purchase office space.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $63,750 |
| Vehicle | $2,250 – $34,500 |
| Equipment, Supplies & Inventory | $7,000 – $13,500 |
| Insurance | $6,000 – $10,000 |
| Advertising, Marketing and Promotional Spending | $16,000 – $35,000 |
| Training, Travel, Lodging & Food | $3,000 – $5,500 |
| Deposits, Permits & Licenses | $0 – $1,000 |
| Professional Fees | $0 – $5,000 |
| Technician Training | $750 – $1,500 |
| Real Estate | $0 – $3,600 |
| Additional Funds – 3 Mo. | $15,000 – $30,000 |
| Total | $114,000 – $204,000 |
Mr. Appliance Competitors
Here are a few Mr. Appliance competitors as a comparison:
The most profitable franchises to own in 2025
We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Mr. Appliance Franchise Disclosure Document
Frequently Asked Questions
How many Mr. Appliance locations are there?
As of the latest available data, Mr. Appliance operates more than 150 locations across North America. These locations are primarily franchise-owned, with each franchise independently owned and operated.
What is the total investment required to open a Mr. Appliance franchise?
The total investment required to open a Mr. Appliance franchise ranges from $114,000 to $204,000.
What are the ongoing fees for a Mr. Appliance franchise?
Mr. Appliance franchisees pay a royalty fee of 5% to 7% of gross sales, along with a 2% Marketing, Advertising, and Promotion (MAP) fee, both supporting operational systems and brand marketing efforts.
What are the financial requirements to become a Mr. Appliance franchisee?
To become a Mr. Appliance franchisee, you should have a minimum net worth of $150,000 and at least $85,000 in liquid capital to cover initial expenses and ensure a smooth launch. These financial prerequisites are designed to ensure that franchisees are well-prepared to operate and grow their Mr. Appliance business effectively.
Who owns Mr. Appliance?
Mr. Appliance is owned by Neighborly, a leading franchisor of home service brands. Neighborly, previously known as The Dwyer Group, oversees a network of franchise companies specializing in various home service industries.
Disclaimer
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