What does a Mr. Appliance Franchise Cost?
Mr. Appliance franchise fees for 2023:
Initial Investment Range: $78,925-157,640
Franchise Fee: $54,724
Minimum population: 125,000 ($425 per additional 1000
Royalty: 5-7% sliding scale
Average Number of Employees: 8
Passive Ownership: No
Home Based: Yes
Veteran Discount: 20% off initial franchise fee
Master Franchise Opportunities: No
Is Mr. Appliance a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. Mr. Appliance is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is Mr. Appliance a Home Based franchise?
Yes. Mr. Appliance is a home based franchise opportunity.
What Do Mr. Appliance Franchise Owners Make?
Click here to find out how much Mr. Appliance franchisees make. Mr. Appliance offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Mr. Appliance a Master Franchise Opportunity?
No. Mr. Appliance is not a master franchise opportunity.
Does Mr. Appliance Offer a Veteran Discount?
Yes. Mr. Appliance franchise does offer a veteran discount.
Does Mr. Appliance Work with E2 Visa and EB-5 Visa Candidates?
No. Mr. Appliance franchise does not work with E2 Visa and EB-5 Visa candidates.
Is Mr. Appliance Looking for Franchisees in Canada?
Yes. Mr. Appliance franchise is looking for Canada franchisees.
Is Mr. Appliance Looking for International franchisees?
No. Mr. Appliance franchise is not looking for International franchisees.
Where can I see Mr. Appliance's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.