Mr. Appliance FDD – Franchise Information, Costs and Fees
Type of Business
As a franchisee, you will install and repair appliances, sell new and used appliances, and clean dryer vents for residential and commercial customers.
Corporate Information
Mr. Appliance SPV LLC is a Delaware limited liability company organized on November 13, 2020. They maintain their principal place of business at 1010 North University Parks Drive, Waco, Texas 76707. Their predecessor and affiliate is Mr. Appliance LLC, which was originally incorporated as a Texas corporation on January 4, 1996 and subsequently converted to a Texas limited liability company on December 31, 2011. Predecessor offered franchises for the operation of Mr. Appliance businesses since its organization in 1996 until the closing of the 2021 Securitization Transaction in March 2021.
Investment
The total investment necessary to begin operation of a Mr. Appliance® franchise ranges from $113,750 to $204,350. This includes $65,349 that must be paid to the franchisor and its affiliate. It does not include fees for additional territory (beyond the minimum 150,000), for which they charge $425 per 1,000 population.
