Mr. Electric
Home ServicesAbout
Mr. Appliance, founded in 1996 and offering franchises since the same year, is part of the Home Services sector with 320 units nationwide. The investment needed to join Mr. Appliance ranges between $75,300 and $162,400, with a $35,000 franchise fee and a requirement for liquid capital of $50,000. It has a 7% royalty and has exhibited an impressive growth rate of 18.5% over the past five years. This franchise opportunity attracts individuals who appreciate home repair and service industries. Mr. Appliance provides robust training and ongoing support to help franchisees flourish and succeed in this vital service market.
Investment Overview
Total Investment
$140K – $315K
Franchise Fee
$43K
Liquid Capital
$65K
Royalty Fee
4%-7%
Total Units
253
Founded
1994
Franchising Since
2000
5-Year Growth
+16.8%
Headquarters
Waco, TX
Commission Details
Structure
$30,000
Development Representative
Check Territory
Submit a city and state to email Trent Huey and ask if the territory is available.