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Cecil Vanden-Bossche
Saint Paul, MN
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Mr. Appliance
Initial Investment
$94,875 – $177,345
Liquid Capital Required
$85,000
Franchise Fee
$53,125
Royalty
5-7%
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About Mr. Appliance
The first franchise company of its kind, Mr. Appliance targets the high demand appliance repair industry. Mr. Appliance specializes in the service and repair of all brands of major household appliances. Leaning toward the higher end, upscale home appliances, Mr. Appliance is the best path for a true entrepreneur into this 2.7 billion dollar industry. At Mr. Appliance, we bring the professionalism back with well-trained service professionals. Franchisees have assistance to enter the light commercial service arena as well. A franchise can start from the home and then work into a small mixed-use office/warehouse location as the business grows in size and employees. The support from the World Headquarters includes on-going support by way of Franchise Systems Managers that will visit franchisee locations to help both office and field personnel with continual polishing of their relationship building and business skill sets.
Resale Commission Structure:
$18,500 for a resale/transfer with a purchase price of $300,000 or less; $23,500 for a resale/transfer with a purchase price of $300,001-$600,000; $28,500 for a resale/transfer with a purchase price of $600,001-$1,000,000; $33,500 for a resale/transfer with a purchase price of $1,000,001-$1,500,000; $38,500 for a resale/transfer with a purchase price of $1,500,001 or greater.
Key Details
Initial Investment
$94,875 – $177,345
Liquid Capital Required
$85,000
Franchise Fee
$53,125
Royalty
5-7%
Total Units
228
Founded
1996
Began Franchising
1998
Status
Active
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