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MR. APPLIANCE

MR. APPLIANCE

Mr. Appliance franchises provide installation and repair services for appliances, sell new and used appliances, and offer dryer vent cleaning services to residential and commercial customers. The business operates as a franchise model, offering start-up opportunities or conversions of existing businesses under the Mr. Appliance brand. They target homeowners and businesses needing appliance maintenance and related home services.

Since 1996ServicesWaco, TXNeighborly Assetco LLCwww.mrappliance.com
Item 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$116,500 - $214,850
Franchise Fee
$63,750
Locations
310

Financial Requirements

Franchise Fee$63,750
Initial Investment Range$116,500 - $214,850
Royalty Rate6.00%
Brand Fund2.00%
Fixed Monthly Fees$624 - $724

5-7% royalty + 2% MAP fund + $274/mo software system (plus $85 per tech/mo) + $350-450/mo call center

Franchise Stats

Franchise Locations310
Corporate Locations0
States Operating46
Franchising Since1996
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$295
Median Gross Revenue
$286
Top Quartile Revenue
$368
Bottom Quartile Revenue
$236

Data Based On: 289 franchised businesses reporting sales for all or any portion of the Reporting Period from January 1, 2024 to December 31, 2024.

* Weighted average gross revenue calculated from quartile data: (72 units × $368 + 72 units × $303 + 72 units × $274 + 73 units × $236) / 289 total units = $295.04. The table explicitly states an overall average of $295, which is consistent with the weighted average.

Extracted Item 19 Section

How MR. APPLIANCE Compares to Other Home Services Franchises

Key Insights

  • Lower than average SBA loan default rate in Home Services
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
MR. APPLIANCE
Current
$117K - $215K$64K6.0%310
MERRY MAIDS$127K - $166K$55K7.0%933
HOLIDAY LIGHTING HEROES$150K - $177K$127K10.0%653
SIGN GYPSIES$4K - $5K$1KN/A587
MOSQUITO AUTHORITY$54K - $128K$45K10.0%546
Culligan$130K - $814K$40K2.0%460
Home Services Average
129 franchises
$144K - $289K$53K7.0%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 129 Home Services franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States by Outlet Count
1TX
34
2FL
23
3OH
16
4NC
16
5GA
16
6NY
12
7IL
11
8MI
11
9PA
10
10CO
10
11CA
10
12NJ
9
13VA
8
14TN
8
15AZ
8

+30 more states

SBA Loan History

Historical SBA 7(a) loan data for MR. APPLIANCE franchisees (2010 - 2025)

Total Loans
137
Average Loan Amount
$186,419
Total Loan Volume
$25,539,400
Default Rate
20.4%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases2

Breach of franchise agreement and promissory note disputes by franchisor against former franchisees, with counterclaims alleging fraud, misrepresentation, and Illinois Franchise Disclosure Act violations.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
8
Non-Renewals
1
Reacquired by Franchisor
0
Ceased Operations (Other)
15
System Transfers
19
Sold to Franchisees
0
Projected New Franchises
18

Frequently Asked Questions

How much does it cost to open a MR. APPLIANCE franchise?

The total initial investment to open a MR. APPLIANCE franchise ranges from $116,500 to $214,850. This includes a franchise fee of $63,750. Ongoing royalty fees are 6.0% of gross sales.

How much revenue does a MR. APPLIANCE franchise make?

According to the 2025 FDD, the average gross revenue for a MR. APPLIANCE franchise is $295. The median revenue is $286.

How many MR. APPLIANCE franchise locations are there?

As of the 2025 FDD, MR. APPLIANCE has 310 franchise locations. The company has been franchising since 1996.

Can you get an SBA loan for a MR. APPLIANCE franchise?

Yes, SBA loans are available for MR. APPLIANCE franchises. Historical data shows 137 SBA 7(a) loans have been approved for MR. APPLIANCE franchisees, with an average loan amount of $186,419. The historical default rate is 20.4%.

Is MR. APPLIANCE a good franchise to buy?

MR. APPLIANCE shows several positive indicators: established brand with 310+ locations, transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in MR. APPLIANCE?

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