Mr. Appliance Franchise
Thursday, April 22, 2010 at 08:39PM Household appliance service and repair
Established by The Dwyer Group in 1996, Mr. Appliance has locations nationwide providing service and repair 24 hours a day, seven days a week, for all makes of refrigerators, freezers, washers, dryers, dishwashers, stoves, ovens, ranges, microwave ovens, vent hoods, trash compactors, ice makers and ice machines. The Dwyer Group also owns franchise companies Mr. Rooter, Mr. Electric, Rainbow Int'l., Glass Doctor, Aire Serv and DreamMaker Bath & Kitchen Worldwide.
Start-up Costs & Franchises Fees
What is the total cost to open a Mr. Appliance Franchises?
Total Cost: $32,200-$68,900
Total Franchise Fees: $15,900
Ongoing Royalty Fees: 3-7%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $2.5K
Contact Information for Mr. Appliance
|
Mr. Appliance Corp. |
Toll Free: (800)290-1422 |
Mr. Appliance In the Press
No results at this time.Historical Expansion
In what year did Mr. Appliance begin operations? 1996
When did Mr. Appliance begin selling franchises? 1996
Year United States Canada International Corporate 2005 81 1 2 0 2004 62 1 2 0 2003 60 1 2 0 2002 38 1 1 0 2001 36 0 0 0
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
Regional meetings
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Field support and site evaluation
Marketing
Cooperative advertising, Ad slicks, National media
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.International franchise business owners required to buy multiple units/master licenses
Number of employees needed to run franchised unit: 1 - 3
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Industry experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes