The franchise market in the maintenance and repair sector has grown significantly in the United States, especially for those interested in easy-to-manage and high-demand businesses. Neighborly Brands, a franchise conglomerate focused on home services, offers unique investment opportunities for entrepreneurs looking for stability, low operating costs and the strength of a recognized brand.
In this article, we present three of its main franchises: Mr. Handyman , Mr. Electric and Mr. Appliance , which offer business models that cater to those who want a simple yet profitable operation. What are you waiting for to become a franchisee of one of the most trusted brands in maintenance services? Read on and find out if any of these male-chosen franchises are for you.
Neighborly Brands: A Trusted Network for Investors
Neighborly Brands is one of the strongest conglomerates in the home maintenance services sector in the United States. Headquartered in Dallas, Texas, this company has advanced technology and training centers that provide ongoing support to its franchisees. With more than 5,000 franchises and a combined turnover of more than one billion dollars, Neighborly Brands is a safe bet for investors looking for stability, prestige and a proven business model.
In addition, Neighborly often works with specialized consultants to facilitate the franchise process, especially for foreigners. Having the support of an advisor like Interlink FBC can be key to success, because we will be able to guide you through every stage of the investment and, if necessary, through the immigration and relocation procedures.
Are you interested in knowing some of their franchises? Here are three options that might be right for you:
Mr. Handyman Franchise: Home Repairs Maintenance
Mr. Handyman is the ideal franchise for those who enjoy maintenance and repair work at home. This brand specializes in small and medium-sized projects, with a residential focus that represents 80% of its clientele.
Mr. Handyman’s model is attractive to investors looking for a balanced lifestyle. No retail space or inventory is required, significantly reducing start-up and operating costs. Franchisees can start their business with only one van and a small team of one to five employees.
One of the attractions of this franchise is its strong financial performance:
- One unit: Franchisees with a single business unit generate on average about $890,000 annually.
- Two units: Those that expand their operation to two units reach $1.2 million in annual gross sales.
- Five or more units: Gross sales can reach up to $2.5 million.
This business model, with more than 24 years in the North American market, guarantees proven stability, ideal for those looking for a franchise with a solid track record. In addition, the average size of each project is approximately $6,684, which reflects an interesting profitability. Can you imagine running a business with these numbers and flexibility?
Mr. Electric Franchise: Professional Electricity Services
For those who prefer the electric utility sector, Mr. Electric is a franchise with more than 30 years of experience in the market and quality support from Neighborly Brands. This business model stands out for its flexibility and the possibility of starting without inventory or commercial premises.
Like Mr. Handyman, Mr. Electric requires only a van and small equipment to get started. Over time, some franchisees choose to open a small office, although this is not necessary at first. Royalties for Mr. Electric are 6%, one point less than Mr. Handyman, which is attractive to maximize the return on investment.
Mr. Electric organizes its financial results according to the size of the territories, allowing franchisees to choose the magnitude of their investment:
- Small territory: Franchisees in small territories earn an average of $95,000 annually.
- Medium territory: Sales rise to $1.1 million.
- Large territory: In large territories, the average annual sales amount to $1.6 million, reaching peaks of up to $13 million in exceptional cases.
Compared to Mr. Handyman, Mr. Electric allows for higher revenues across wider territories. If you’re thinking about a larger business, Mr. Electric might be the ideal choice for you.
Mr. Appliance Franchise: Appliance Repair
Mr. Appliance is dedicated to the repair of household appliances, offering a unique specialization within the Neighborly Brands group. Its business model is simple and efficient, mainly oriented towards repairs of devices at home.
This franchise stands out for its relationships with recognized brands in the United States, such as LG and Whirlpool. Being pre-approved technicians, Mr. Appliance franchisees have direct access to a portfolio of recurring customers and reliable. This support gives you a competitive advantage, ensuring a steady flow of work.
Unlike the other franchises, Mr. Appliance offers limited data on gross sales per franchise, reporting only the average service bill, which is approximately $260 per repair. While this might suggest lower revenue, Neighborly’s backing and partnerships with major brands ensure stability and growth potential.
Mr. Appliance is ideal for investors who want to get into a business with a stable customer base and a simple operating model. Do you think you could lead a team focused on providing repair services nationwide?
Boost your profitability with a high-demand investment
Investing in a maintenance and repair franchise can be an excellent opportunity for those who want a profitable and easy-to-manage business. Neighborly Brands, with its extensive experience and franchise network, offers three attractive options for different investor profiles: Mr. Handyman , Mr. Electric and Mr. Appliance . Each presents unique advantages in terms of costs, revenue projections, and operational flexibility, allowing the investment to be tailored to the franchisee’s preferences and goals.
Want to learn more and explore these or other franchise opportunities in the United States? Schedule a free consultation with Interlink FBC. Our team will provide you with personalized advice to analyze which of these franchises best suits your interests, or to evaluate other investment alternatives. Take the first step towards a cost-effective, quality investment in the U.S. franchise market.
