In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:
Section I – Estimated initial investment (franchise costs) for a Mr. Appliance franchise, based on Item 7 of the company’s 2025 FDD
Section II – Initial franchise fee, royalty fee, and marketing fee for a Mr. Appliance franchise, based on Items 5 and 6 of the company’s 2025 FDD
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Section IV – News updates on the Mr. Appliance franchise opportunity
Section V – Presentation and analysis of Mr. Appliance’s financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2025 FDD, including information on the:
- 2024 average, median, highest, and lowest gross sales per job for the 1st quartile, 2nd quartile, 3rd quartile, 4th quartile, and all 289 Mr. Appliance franchised businesses that were in operation and reported sales to Mr. Appliance for all or any portion of the 2024 calendar year, including franchised businesses that opened or closed during the 2024 calendar year
Section VI – Key ratios, comparables, computations, and analyses for the Mr. Appliance franchise opportunity (exclusive content for Platinum subscribers)
Section I – Mr. Appliance Franchise Costs
- Mr. Appliance franchise costs, based on Item 7 of the company’s 2025 FDD:
- Initial Franchise Fee: $63,750 + $425 per 1,000 additional population over minimum
- Vehicle: $3,250 to $40,000
- Equipment, Supplies, and Inventory: $7,000 to $13,500
- Insurance: $7,500 to $15,000
- Advertising, Marketing, and Promotional Spending: $16,000 to $35,000
- Training, Travel, Lodging, and Food: $3,000 to $5,500
- Deposits, Permits, and Licenses: $0 to $1,000
- Professional Fees: $0 to $5,000
- Technician Training: $1,000 to $2,500
- Real Estate: $0 to $3,600
- Additional Funds for 3 Months: $15,000 to $30,000
- Total Estimated Mr. Appliance Franchise Costs: $116,500 (does not include real estate costs) to $214,850 + any additional franchise fee + any real estate costs
Section II – Mr. Appliance’s Initial Franchise Fee, Royalty Fee, and Marketing Fee
- Mr. Appliance’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2025 FDD:
- Initial Franchise Fee: $63,750 + $425 per 1,000 additional population over minimum (minimum territory of 125,000 in population)
- License Fee: 5% to 7% of Gross Sales except for “roll-in” sales. In addition, minimum license fees apply.
- MAP (Marketing, Advertising, and Promotion) Fee: 2% of Gross Sales except for “roll-in” sales. In addition, minimum MAP fees apply.
- Local Marketing Groups: not to exceed 2% of Gross Sales. As of the issuance date of the Franchise Disclosure Document, Mr. Appliance may require that all or a portion of your LMG contribution (currently, 2% of your Gross Sales) be paid for use towards the Neighborly marketing and brand awareness initiatives.
Section III – Number of Franchised and Company-Owned Mr. Appliance Outlets
Franchised
2022
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- Outlets at the End of the Year: 325
- Net Change: +10
2023
- Outlets at the Start of the Year: 325
- Outlets at the End of the Year: 325
- Net Change: 0
2024
- Outlets at the Start of the Year: 325
- Outlets at the End of the Year: 310
- Net Change: -15
Company-Owned
2022
- Outlets at the Start of the Year: 0
- Outlets at the End of the Year: 0
- Net Change: 0
2023
- Outlets at the Start of the Year: 0
- Outlets at the End of the Year: 0
- Net Change: 0
2024
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When I owned a UPS Store, I learned firsthand how much your ZIP code shapes your outcome. I sold my store at a premium because my territory was in a high-value area. The best areas go first, and once they're gone, they're gone. Enter your ZIP code to see which franchises are still available near you, saving you months of wasted research.📈Dreaming of Multi‑Unit Success? Lock In Prime Territories Before They're Gone.
Colin started as a team member at 21 and now owns 6 locations in Tampa Bay. Lisa came from marketing and built 21 in San Diego. The most successful multi-unit owners move early and secure markets with room to grow. Use our free tool to search multiple ZIP codes and find franchises where you can still stack locations, before someone else does.- Outlets at the Start of the Year: 0
- Outlets at the End of the Year: 0
- Net Change: 0
Section IV – News Updates on the Mr. Appliance Franchise
Section V – Financial Performance Representations (Average Revenues and/or Profits) for the Mr. Appliance Franchise (Item 19, 2025 FDD)
- The sales figures listed below are average and median Gross Sales per Job data derived from historical operating results of the Mr. Appliance franchised businesses indicated for the period from January 1, 2024 to December 31, 2024 (the “Reporting Period”).
- Mr. Appliance obtained these sales figures from information provided to it by its franchisees. Franchisees are not required to use generally accepted accounting principles when reporting these figures.
- As of December 31, 2024, there were 310 Mr. Appliance businesses in operation in the United States, all of which were franchised businesses. The information provided in this Item 19 is based on data reported to Mr. Appliance from a total of 289 franchised businesses that were in operation and reported sales to it for all or any portion of the Reporting Period, including franchised businesses that opened or closed during the Reporting Period.
- This Item 19 does not include data from (a) 9 franchised businesses that opened during the Reporting Period and therefore didn’t operate and report data for all of the Reporting Period and (b) 12 franchised businesses that underwent a transfer during the Reporting Period and as a result did not operate and report data for all of the Reporting Period.
- “Gross Sales” means the total revenues and receipts from whatever source (whether in the form of cash, credit, agreement to pay, barter, trade, or other consideration) that arise, directly or indirectly, from the operation of – or in connection with – a Mr. Appliance business whether under any of the Marks or otherwise.
- Gross Sales exclude sales taxes collected from customers and paid to the appropriate taxing authority and any other bona fide refunds, rebates, or discounts that Mr. Appliance authorizes in writing. Gross Sales also exclude sales from any Excluded Services.
- Some outlets have earned this amount. Your individual results may differ. There is no assurance you will earn as much.
Average and Median Gross Sales Per Job for Franchised Businesses Open and Reporting for Any Portion of the Reporting Period
- The Reporting Businesses are divided into groups based on the level of Individual Business Average Gross Sales Per Job achieved during the Reporting Period (i.e., top 10%, 1st, 2nd, 3rd and 4th quartile, bottom 10%, and all (100%)).
1st Quartile
- Average Gross Sales Per Job Attained by Group: $368
- Highest Gross Sales Per Job Attained by Group: $603
- Lowest Gross Sales Per Job Attained by Group: $323
- Median Gross Sales Per Job Attained by Group: $351
- Number in Group: 72
- Number and Percentage That Attained at Least Average: 25 / 34.7%
2nd Quartile
- Average Gross Sales Per Job Attained by Group: $303
- Highest Gross Sales Per Job Attained by Group: $323
- Lowest Gross Sales Per Job Attained by Group: $286
- Median Gross Sales Per Job Attained by Group: $302
- Number in Group: 72
- Number and Percentage That Attained at Least Average: 37 / 51.4%
3rd Quartile
- Average Gross Sales Per Job Attained by Group: $274
- Highest Gross Sales Per Job Attained by Group: $286
- Lowest Gross Sales Per Job Attained by Group: $261
- Median Gross Sales Per Job Attained by Group: $274
- Number in Group: 72
- Number and Percentage That Attained at Least Average: 37 / 51.4%
4th Quartile
- Average Gross Sales Per Job Attained by Group: $236
- Highest Gross Sales Per Job Attained by Group: $261
- Lowest Gross Sales Per Job Attained by Group: $179
- Median Gross Sales Per Job Attained by Group: $241
- Number in Group: 73
- Number and Percentage That Attained at Least Average: 42 / 57.5%
100%
- Average Gross Sales Per Job Attained by Group: $295
- Highest Gross Sales Per Job Attained by Group: $603
- Lowest Gross Sales Per Job Attained by Group: $179
- Median Gross Sales Per Job Attained by Group: $286
- Number in Group: 289
- Number and Percentage That Attained at Least Average: 141 / 48.7%
Section VI – Mr. Appliance Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️
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