Mr. Appliance
Waco, TX
Mr. Electric, established in 1994 and also franchising the same year, is a key player in the Home Services sector, featuring 250 units. The investment range for prospective franchisees is between $134,500 and $204,500, which includes a $35,000 franchise fee and a liquid capital threshold of $50,000. Mr. Electric operates on a 6% royalty model and has seen a growth of 16.8% in the last five years, presenting a lucrative franchise opportunity. Ideal franchisees have backgrounds in trades or a passion for electrical services and customer satisfaction. Mr. Electric provides comprehensive training to equip franchisees for success.
FIC Score
out of 100
Investment Range
$95K – $215K
Franchise Fee
$54K
Total Units
360
5-Year Growth
+18.5%
FIC Score Breakdown
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Overall Ranking
Out of 787 franchises
Specifications
About the Mr. Appliance Franchise Opportunity
The Mr. Appliance franchise is a Home Services franchising opportunity founded in 1996 and headquartered in Waco, TX. With over 360 franchise units, Mr. Appliance is one of the recognized brands in the home services sector available to prospective franchisees.
The total investment required to become a Mr. Appliance franchisee ranges from $95K to $215K. The initial franchise fee is $54K. Prospective franchise owners must have a minimum of $50K in liquid capital. Franchisees pay an ongoing royalty fee of 5%-7%.
The Franchise Information Center has assigned Mr. Appliance a FIC Score of 91.8 out of 100, ranking it #19 among all franchises. This proprietary franchise score evaluates three core dimensions: scalability (90.5/100), franchisor support quality (93.0/100), and unit economics (91.9/100).
Mr. Appliance has demonstrated 18.5% unit growth over the past 5 years, reflecting strong demand for this franchise opportunity among investors and entrepreneurs entering franchising.
The Franchise Information Center provides free consultations to help you evaluate whether the Mr. Appliance franchise is the right franchising investment for your goals, budget, and market. Our expert franchise brokers work directly with franchisors on your behalf — at no cost to you.
Mr. Appliance
FIC 91.8 · #19
DISCLAIMER: The financial information displayed on this page — including franchise fees, total investment ranges, liquid capital requirements, royalty fees, and unit counts — is provided for general informational purposes only and is sourced from publicly available data, third-party directories, and franchisor-published materials. This information may not reflect the most current figures disclosed in the franchisor's Franchise Disclosure Document (FDD). Investment amounts, fees, and terms are subject to change without notice and may vary based on location, market conditions, territory, and other factors. The Franchise Information Center (FIC) does not guarantee the accuracy, completeness, or timeliness of any financial data presented herein. Nothing on this page constitutes a franchise offering, investment advice, or a solicitation to purchase a franchise. A franchise offering can only be made through a Franchise Disclosure Document (FDD) registered and delivered in accordance with applicable federal and state law. Before making any investment decision, prospective franchisees should independently verify all financial data with the franchisor directly and consult qualified legal and financial advisors. The FIC Score is a proprietary analytical tool for informational purposes only and does not constitute an endorsement, recommendation, or guarantee of franchisee success or investment return.