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Mr. Appliance Franchise — Veteran Cost & Requirements (2026)
Mr. Appliance franchisees run executive-level appliance repair businesses, managing teams of trained technicians who fix everything from refrigerators to commercial kitchen equipment. As part of the Neighborly family of brands, you're tapping into a $5+ billion industry where customers need their appliances fixed fast — and they're willing to pay for reliable, professional service.
Investment at a Glance
Military Fit Score
30-minute call. No pressure. No cost.
What Is Mr. Appliance?
20% off initial franchise fee for qualified Veterans via VetFran
Residential and commercial appliance repair franchise servicing all major appliance brands.
Quick Facts
Founded
1996
Franchising Since
1996
Total Locations
310
Headquarters
Texas
Location Type
Commercial Location
Semi-Absentee
No
SBA Approved
Yes
Mr. Appliance Franchise Cost Breakdown (2026)
The total investment to open a Mr. Appliance franchise starts at $117,000. Here's what that covers and what you'll need to qualify.
Investment Breakdown
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $63,750 | $63,750 + $425 per 1,000 additional population over minimum |
| Vehicle | $3,250 | $40,000 |
| Equipment, Supplies & Inventory | $7,000 | $13,500 |
| Insurance | $7,500 | $15,000 |
| Advertising, Marketing and Promotional Spending. | $16,000 | $35,000 |
| Training, Travel, Lodging & Food | $3,000 | $5,500 |
| Deposits, Permits & Licenses | $0 | $1,000 |
| Professional Fees | $0 | $5,000 |
| Technician Training | $1,000 | $2,500 |
| Real Estate | $0 | $3,600 |
| Additional Funds – 3 Mo. | $15,000 | $30,000 |
The total investment for a Mr. Appliance franchise ranges from $116,500 to $214,850, with a franchise fee of $63,750. Veterans receive a 20% discount on the franchise fee, bringing it down to $51,000. The ongoing royalty is 5-7% of gross sales, which is competitive for a service-based franchise with this level of brand recognition and support. What you're paying for is access to Neighborly's proven systems, proprietary scheduling and quoting software, preferred vendor relationships for discounted parts, and comprehensive marketing support. The franchise is SBA-approved, which means you can potentially finance up to 90% of your investment through SBA loans. No liquid capital requirement is specified, but having working capital for the first few months of operations is always smart.
Beyond your initial investment, you'll pay a 5% to 7% of gross revenue royalty on gross sales plus a 2% of Gross Sales marketing contribution. The true monthly cost of ownership includes additional fees most buyers don't account for until they're already in.
→ We break down your realistic monthly overhead during your consultation.
What Do Mr. Appliance Franchise Owners Make?
Mr. Appliance includes an Item 19 Financial Performance Representation in their Franchise Disclosure Document — which means they voluntarily share revenue and earnings data from their franchise system.
The revenue model is straightforward: service call fees, parts markup, and maintenance contracts for both residential and commercial clients. The beauty of appliance repair is that it's recession-resistant — people need their refrigerators and washing machines working regardless of economic conditions. Modern 'smart' appliances are more complex and expensive to replace, driving customers toward professional repair services. Average ticket sizes vary based on the repair complexity, but the recurring nature of appliance maintenance creates ongoing revenue streams. Commercial accounts, like restaurants and laundromats, provide higher-value contracts. Request the full FDD breakdown for detailed financial performance data.
Not every franchise provides this level of transparency. The fact that Mr. Appliance does tells you something about their confidence in franchisee performance.
But raw numbers don't tell the full story. What matters is how those numbers apply to your market, your investment level, and your operating model.
Want the Full Financial Picture?
We've analyzed Mr. Appliance's FDD and can walk you through what the numbers actually mean for someone with your background and budget.
See If This Franchise Fits Your GoalsFree 30-min consultation. We earn nothing unless you find the right fit.
Why Veterans Succeed with Mr. Appliance
Veterans excel in this model because appliance repair is fundamentally about problem-solving under pressure and managing complex logistics. You're coordinating technician schedules, managing parts inventory, handling customer emergencies, and maintaining quality standards — all skills that military experience develops naturally. The franchise system's emphasis on SOPs and consistent execution aligns perfectly with military training. When your technician shows up at a customer's home, they're representing your business and following your standards. That attention to detail and systematic approach often separates veteran-owned franchises from the competition.
Military Fit Analysis
Military Fit Score
Best Suited For
This franchise is built for veterans who understand that success comes from following proven systems and leading effective teams. Your military background in managing personnel translates directly to recruiting, training, and directing a crew of technicians. You're not turning wrenches — you're running the business, managing KPIs, and ensuring every service call meets standards. The daily operations mirror military logistics: coordinating multiple service calls, managing inventory and parts, maintaining equipment, and ensuring your team executes efficiently under pressure. When a restaurant's walk-in cooler goes down or a family's refrigerator stops working, customers need immediate, reliable solutions. Your ability to stay calm under pressure and focus on mission completion gives you a significant advantage. Veterans receive a 20% discount on the franchise fee, and the SBA approval makes financing more accessible. The Neighborly brand power and cross-promotional opportunities with sister companies provide multiple revenue streams that independent operators can't access.
🎖️ Veteran & Military Discount
Mr. Appliance participates in the VetFran program and offers a 20% discount on the franchise fee for qualified veterans, active duty, and military spouses.
20% off initial franchise fee for qualified Veterans via VetFran
This discount applies to the initial franchise fee. Combined with SBA veteran loan programs and VA small business resources, your actual out-of-pocket investment could be significantly lower than the listed range.
→ We calculate your true cost — including available discounts, financing options, and veteran-specific programs — during your consultation.
Is Mr. Appliance the Right Franchise for Your Background?
Every veteran's transition is different. Your MOS, leadership experience, and financial goals all factor into which franchise makes sense. We've helped veterans across every branch find franchise businesses that match their strengths — not just their budget.
Find Your Franchise FitTalk to a veteran franchise consultant who's been where you are.
Mr. Appliance Training & Support
The 'Sure Start' training program combines virtual and in-person instruction over several weeks, covering business management, finance, marketing, technician recruitment, and operational procedures. You'll learn the proprietary software systems, vendor relationships, and proven marketing strategies that drive customer acquisition. After launch, you're assigned a dedicated Franchise Business Coach who provides ongoing support. The Neighborly network offers continuing education, annual conferences, and access to best practices from over 350 locations. The technology platform handles scheduling, quoting, and business management, letting you focus on growth rather than administrative tasks.
Frequently Asked Questions About Mr. Appliance
How much does a Mr. Appliance franchise cost?
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Does Mr. Appliance offer a veteran or military discount?
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Is Mr. Appliance a home-based franchise?
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Can you run a Mr. Appliance franchise semi-absentee?
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What do Mr. Appliance franchise owners make?
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Is Mr. Appliance a good franchise for veterans?
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What is Mr. Appliance's FDD and where can I read it?
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Veteran-Friendly Franchises Similar to Mr. Appliance
Your Next Chapter Starts with a Conversation
You've done the research. You've looked at the numbers. Now the question is whether Mr. Appliance — or one of 500+ franchises in our network — is the right fit for where you're headed.
In 30 minutes, we'll cover:
- Whether this franchise matches your skills & goals
- What the FDD reveals that most buyers miss
- Your true cost after veteran discounts & financing
- 2-3 alternative franchises worth comparing
Free. No obligation. Veteran to veteran.
Book Your Free Strategy Call