Franchise Factbook
Mr. Appliance

Mr. Appliance

Partial FDD data
HVAC/Handyman · Waco, TX · Founded 1996 · Franchising since 1996
Limited confidence · 0.50Unclaimed profile
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Total to open · Item 7
$148K–$273K
Franchise fee · Item 5
$63,750
Included in the total above
Owner turnover
5.9%/yr
3-yr average from Item 20 — lower is better
Factbook Score
Mixed
computed, never sold
Bankruptcy disclosed · Item 4✓ No litigation disclosed✓ Shares earnings data · Item 19Why these flags?

Beyond the filing

Everything else on this page is quoted from Mr. Appliance's franchise disclosure document. This is not — it is measured off the open web, it is not verified by the franchisor, and it never affects the Factbook Score.

Customer rating
4.8 / 5
15,570 Google reviews across 11 locations
Best to worst location
4.6 – 4.9
Where this brand's locations sit on the same scale — the gap is what varies between franchisees
Website health
10 / 10
Basic checks: HTTPS, mobile viewport, speed, metadata. Most sites clear them
Store locator
Yes
Their site has a finder that sends customers to their nearest branch — how walk-in trade reaches a franchisee
iPhone app
None found
No App Store listing matched this brand
Android app
Yes
Play Store link published on their own site. Google offers no free ratings API, so there is no score to show
Google returns at most twenty locations for a search, so the rating is a sample of Mr. Appliance's outlets rather than all of them. Measured Sep 11, 2026.

Research this brand properly

Every figure on this page comes from Mr. Appliance's own disclosure filings, source linked. Compare it against its category before any discovery call — and read the FDD with an attorney before signing anything.

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Get introduced to Mr. Appliance

We pass your details to their franchise development team so they can contact you directly. We are not a broker, we are not paid per introduction, and your details are never sold to a lead network.

Where you'd want to open — territory availability is the first thing they'll check.

We record the time and IP of the request — privacy policy.

Claim Mr. Appliance

For people who work for the brand. Once approved you can correct anything we have wrong and respond on this profile. Claiming is free and never affects the Factbook Score, the ranking, or which facts we publish.

A company address at the brand's own domain is approved fastest. A personal address is fine, but we'll ask you to verify another way.

Reviewed by a person. We record the time and IP — privacy policy.
No spam, and we never sell your details — an introduction happens only when you ask for one, to the brand you named. How we make money · Own this brand?
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Franchise Factbook · verified
Opening a Mr. Appliance: $148K–$273K
From its official FDD · franchisefactbook.com
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Data-integrity flags on this profile
  • infook
Figures below were extracted with limited confidence (0.50 of 1.00)

They have not cleared our 0.85 QA bar, usually because no primary regulator-hosted filing was reachable and the figures come from a secondary source. Treat them as indicative and check the linked source before relying on them. We publish the score rather than hiding it — see the methodology.

Royalty
6%
+ 2% brand fund
Franchised units
612
As of 2025
3-yr unit growth
+-3.0%/yr
CAGR from Item 20

What it really costs

Every cost figure this brand's filing discloses — not just the headline range

Total initial investment · Item 7$148K–$273K
$0$500K
ExpenseLowHigh
Initial franchise fee$63,750$63,750
Total initial investment$147,750$273,175

Item 7 reports a total range, not a full line-item breakdown, in this brand's filing excerpt — the franchise fee is the only cost we can show separately today.

Costs more to open than 57% of home services franchises on this site with a disclosed Item 7 range (203 compared). Computed from total investment, not a figure from the filing itself.

Earnings disclosure

Does the franchisor share performance data? Yes

Average revenue$422,447
Median revenue
Sample size

Legal history

DISCLOSED
Bankruptcy disclosed for the franchisor or its officers — see Item 4.
CLEAR
VettedBiz flags that 'this franchise discloses lawsuits and/or bankruptcy information in its FDD' but no count or details were retrievable from free content.
NOT DISCLOSED
Non-compete term/radius wasn't separately quantified in the filing excerpt we have on file.

Openings, closures & reacquisitions

The numbers ranking sites don't show — straight from the brand's filings

OpenedClosed / terminated / not renewedReacquired
404002023184802024262402025

Tell me when Mr. Appliance files something new

Franchisors refile every year, and fees, investment ranges and closure counts move between filings. We'll email you when this brand's figures change — nothing else, and never a sales sequence.

Tell me when these brands file something new

Fees change, disclosure documents get refiled, and outlet counts move every year. We'll email you when any of your 1 saved brand changes — Mr. Appliance. This is the only time your shortlist leaves your browser, and no franchisor is told you are watching them.

The Factbook Brief

Fee changes, closure-rate movers, and one honest brand teardown. One email a week. We never sell your address see how we make money.

Common questions

Answered from this brand's own FDD filing. Where the filing is silent, the question is left out rather than answered with a guess.

How much does a Mr. Appliance franchise cost?

Mr. Appliance's most recent Franchise Disclosure Document puts the total estimated initial investment at $148K–$273K. That is Item 7, which covers everything needed to open — the franchise fee, build-out, equipment, opening inventory and initial working capital. The initial franchise fee itself is $63,750, and is included in that range.

What royalty does Mr. Appliance charge?

Mr. Appliance charges a continuing royalty of 6% of gross sales, disclosed in Item 6. A separate brand or advertising fund contribution of 2% applies on top. Royalties are charged on revenue, not profit, so they are owed whether or not the outlet is profitable.

Does Mr. Appliance disclose earnings (Item 19)?

Yes. Mr. Appliance makes a financial performance representation in Item 19 of its FDD. The filing reports average annual gross revenue of $422,447. Item 19 is optional under the FTC Franchise Rule, and gross revenue is not profit — it is stated before royalties, rent, staff and every other cost.

How many Mr. Appliance locations closed?

In its most recent reported year (2025), Mr. Appliance opened 26, closed 16, terminated 4 franchised outlets, ending the year with 612. Averaged over three years, 5.9% of the system turned over annually — outlets closed, terminated, not renewed or reacquired. These counts come from Item 20, which every franchisor must file.

Facts on this page are drawn from Mr. Appliance's own marketing materials, not yet from a Franchise Disclosure Document — treat them as unverified until we source the filing.

Item 7 ranges seen differ notably by source/year: current Neighborly page (2026 FDD) states $147,750-$273,175 (liquid capital $85,000 min), the 2022 FranchisePanda preview showed a much lower $80,925-$158,640 ($54,724 to franchisor, 125,000-population minimum territory at $425/1,000 additional), and VettedBiz reports $116,500-$214,850 (used here as the recorded figure, sitting between the other two). Item 5/6 clean figures ($63,750 fee, 6%/2%) are from VettedBiz only. Item 19: VettedBiz shows 'yearly gross sales' of $422,447 and 'owner-operator estimated earnings' of $50,694-$63,368 (3.4-5.4 year payback); provenance/vintage unverified. Item 20: VettedBiz cites 310 current US locations without an as-of date - largest outlet count of the brands in this batch. Part of the Neighborly (KKR-owned) franchise family sharing a common fee-schedule template with other brands in this batch.