Sears Appliance Repair FDD Summary
Type of Business
The franchise offered is to operate a service business that installs, repairs, and maintains appliances and other equipment—such as washers, dryers, freezers, refrigerators, stoves, ovens and commercial cooking, heating, ventilation and air conditioning, home electronics, lawn and garden equipment, exercise equipment, dishwasher, and cleaning equipment—for residential and commercial customers.
Corporate Information
Sears Home & Business Franchises, Inc. incorporated in Delaware in July 1992. Their name was Continental Carpet Cleaning, Inc., and they operated and granted licenses for carpet cleaning businesses from September 1992 until Sears, Roebuck and Co. bought all of their stock and assumed substantially all of their liabilities in May 1998. They changed their name to Sears Carpet and Upholstery Care, Inc., when they became a subsidiary of Sears Roebuck. On March 8, 2010, they changed their name to Sears Home & Business Franchises, Inc. Their principal business address is 8472 Cotter Street, Lewis Center, Ohio 43035.
Investment
The total investment necessary to begin operation of a Sears Appliance Repair business ranges from $50,500 to $204,500. This includes, typically, between $26,000 and $112,000 that must be paid to the franchisor.