Premier Home Services Franchise Opportunities

    Mr.  Appliance® Franchise Costs

    A Smart Investment in a Service With Growing Demand

    Owning a Mr. Appliance franchise means investing in a business with built-in demand, strong competitive positioning, and a scalable model designed for growth. You’ll run an efficient operation thanks to a top-of-the-line customer relationship management system that can narrow service windows to just two hours. And with emerging trends like smart appliance diagnostics and predictive maintenance, it's an exciting time to own this future-forward business.

    Explore the Cost

    Total Estimated Initial Investment

    Ranges from $116,500–$214,8501 covering startup costs like the initial franchise fee.

    Liquid Capital Needed

    At least $85,000 in readily available funds.

    Licensing Fee

    5-7%2 of annual gross sales (learn more)

    Veteran Discount

    Qualify and get 20% off3 the franchise fee through the VetFran program.

    1Does not include real estate costs. + any additional franchise fee and any real estate costs. The Mr. Appliance franchise cost range includes the initial franchise fee. Refer to Item 7 of the 2025 Mr. Appliance SPV LLC Franchise Disclosure Document for complete details. 2Except for "Roll-In" sales. Minimum fees apply. Refer to Item 6 of the 2025 Mr. Appliance SPV LLC Franchise Disclosure Document for full details. 3Refer to Item 5 in the 2025 Mr. Appliance SPV LLC Franchise Disclosure Document for complete details

    The Value of Your Investment

    The path to financial freedom and better work-life balance begins with Neighborly®’s support. We offer all Mr. Appliance franchise owners a highly scalable business model with significant growth potential. With the right strategy, you can become a leading player in your local market.

    What you build goes beyond dollars. As an owner, you get:

    • Security from being your own boss with a family-friendly workweek, no on-call or emergency work
    • A recession-resilient business you can scale, pass down, or diversify
    • Scale by expanding to additional territories
    • Connections with warranty services for major appliance brands
    • An established business model where your efforts can compound. Every customer, every contract, every employee contributes to something you own
    • The peace of working with backup: proven systems, local marketing resources, and ongoing support for continuous improvement and customer acquisition
    • Access to a powerful buying network via ProTradeNet®
    • Strong network and brand strength with 28+ years of experience
    Mr. Appliance Franchise Owners

    Cost Drivers

    Not all franchises cost the same, and that’s good because, in many cases, it allows you to control some of the variables. These variables let you shape the risk and investment to your comfort level while still operating in a proven model.

    Territory Size & Population Density

    More households and businesses = Higher initial cost, but also more opportunities.

    Existing Assets

    You may be outfitting your business with new vehicles, equipment, marketing tools, and the essentials to hit the ground running. Or, you may already have an existing business with assets that can lower your initial investment.

    Marketing & Branding

    Local advertising, signage, vehicle wraps, and more to help you put your best foot forward.

    Contact our franchise experts for a personalized cost estimate.

    Financing Options for Your Franchise

    When starting your franchise journey, understanding your financing options is crucial.

    Select Topic
    • Self-Capitalization
    • Commercial Bank Loans
    • Franchisor Financing
    • Friends and Family Loans
    • Alternative Lenders
    • 401(k) Investment Account Rollovers
    • Small Business Administration (SBA) Loans
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    Self-Capitalization

    Some franchise owners choose to launch their business from existing funds they’ve accumulated in a savings or money market account, inheritance, or from the sale of another business.

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    Commercial Bank Loans

    Term loans provide upfront capital that are repaid monthly with interest. Because franchises come with proven models and brand recognition, lenders are often more willing to approve loans compared to independent startups.

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    Franchisor Financing

    Check with your franchisor to see if they offer financing options for new owners. Some provide funding directly or through lender partnerships, often covering key startup costs like the franchise fee and equipment, making it easier to get up and running. Schedule a call with Neighborly to learn more about our franchisor financing options.

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    Friends and Family Loans

    Borrowing from someone you trust, like a friend or family member, can be a flexible way to fund your franchise. Just be sure to put the terms in writing, ideally with a lower interest rate and a more generous repayment timeline than a traditional loan.

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    Alternative Lenders

    Alternative lenders offer loans similar to traditional banks but often with higher costs, smaller amounts, and shorter repayment terms. They're a common option for those who don’t qualify for standard loans. You can explore trusted providers through resources like Business News Daily.

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    401(k) Investment Account Rollovers

    Rollovers as Business Startups (ROBS) is an often overlooked option for franchise funding. If you have an inactive IRA or 401(k), you could roll it over to fund your business. This option for financing a franchise is typically used in conjunction with an SBA loan.

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    Small Business Administration (SBA) Loans

    SBA loans operate similarly to commercial bank loans but with lower interest rates and longer repayment timelines because the U.S. Small Business Administration guarantees a portion of the loan amount.

    Owning your future is within reach. Mr. Appliance offers multiple ways to fund your investment, so you can choose what works best for your financial situation.

    Real Owners. Real Stories.

    Nathan Burkholder | Franchise Owner
    Brittany Schachter | Franchise Owner

    Let’s Get Things Running

    Schedule a call to see if Mr. Appliance is right for you.

    With Mr. Appliance, you don’t need to be a repair expert. You get the tools to lead a team, the power of a national brand, and the systems to run a business built for stability and scale.

    We're Here for You. Contact Us.

    Being a franchise owner means being available for your customers. We do the same for you.

    • inc-5000
    • International Franchise Association
    • VetFran

    This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state.

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