FRANCHISE BUNDLE

Get Full Bundle:
$79 $49
$99 $79
$49 $29

TOTAL:

Description

How To Open a Mr. Rooter Franchise?

To embark on your journey of owning a Mr. Rooter franchise, you will need to complete an application process. This includes reviewing the franchise disclosure document (FDD) and engaging in discussions with Mr. Rooter representatives. After a successful application, you will participate in training sessions designed to equip you with the skills necessary to operate your franchise efficiently. Typically, franchisees can expect to open their business within 30 days after completing the necessary training post-agreement signing.

What Makes a Mr. Rooter Franchise a Smart Investment?

Before committing to a Mr. Rooter franchise, it is essential to conduct thorough research. This involves analyzing the plumbing services market in your target area and assessing local competition. The initial investment for a Mr. Rooter franchise ranges from $122,303 to $263,800, which includes a franchise fee of approximately $43,750. Ongoing fees include a royalty of 6% of gross sales and a minimum marketing spend, making it vital to ensure you have the financial capability to sustain these costs while growing your business.

Why Choose to Become a Mr. Rooter Franchisee?

Mr. Rooter stands out in the plumbing industry by providing a wide range of services, including drain cleaning, septic tank pumping, and video pipe inspections. With over 215 franchises across the U.S. and a supportive franchise network, Mr. Rooter offers robust training and operational support to ensure franchisees can deliver high-quality service. If you are passionate about customer service and have an entrepreneurial spirit, a Mr. Rooter franchise may align well with your career goals.

Is Owning a Mr. Rooter Franchise Right for You?

Owning a Mr. Rooter franchise involves navigating a competitive plumbing sector, but it also presents significant opportunities for growth. As of December 31, 2023, Mr. Rooter has established itself with a solid presence in both the U.S. and the UK. Potential franchisees should have a clear understanding of their local market and be prepared to meet operational standards, which may include obtaining necessary licenses and permits. Assess your readiness to manage both the financial and operational demands of running a franchise before making a decision.

Mr. Rooter Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

A broad sector defining similar types of franchise businesses.

Industry

Home Services Franchises
A more specific division within the broader industry.

Category

Plumbing
Available financing options to help start the franchise.

Funding Year

2011
The main organization that owns the franchise brand.

Parent Company

Neighborly
The key individuals guiding the franchise’s strategy and growth.

Leadership

Mike Bidwell
The official business address of the franchisor’s headquarters.

Corporate Address

1010-1020 North University Parks Drive, Waco, Texas 76707
The total amount required to launch the franchise.

Initial Investment

$122,303 - $280,800
The initial fee paid to join the franchise system.

Franchise Fee

$42,500
Ongoing percentage of revenue paid to the franchisor.

Royalty Fee

6%
Regular contribution toward the franchise’s advertising fund.

Marketing Fee

2%
The minimum liquid capital you must have on hand.

Cash Required

$122,303 - $263,800
The minimum total assets (minus liabilities) you must possess.

Net Worth Required

$500,000 - $1,000,000
The typical yearly revenue generated per franchise location.

Average Revenue

$1,758,402
The middle value of yearly revenue among franchise locations.

Median Revenue

$1,276,237
The smallest reported annual revenue among franchisees.

Lowest Revenue

$0
The largest reported annual revenue among franchisees.

Highest Revenue

$10,430,913
The estimated timeframe to recover your initial costs.

Breakeven Time

12 Months
The estimated period to recoup your total investment.

Investment Payback

12 Months

Mr. Rooter Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes shown in the chart and table.

The overall number of operating franchise locations.

Total Units

218
The number of locations owned by independent franchisees.

Franchised Units

215
The number of locations owned and run by the franchisor.

Corporate Units

3
Units 2021 2022 2023
Total Units 207 212 218
Net Change YoY 5 6
Franchised Units 205 209 215
Net Change YoY 4 6
Corporate Units 2 3 3
Net Change YoY 1 0

Company Background

Mr. Rooter is a leading plumbing franchise that has been providing reliable plumbing services since its founding in 1970. Operating under the Neighborly umbrella, Mr. Rooter has established a strong reputation for exceptional customer service and expert plumbing solutions. With locations throughout the United States and Canada, Mr. Rooter specializes in residential and commercial plumbing, including drain cleaning, leak detection, and emergency plumbing services, ensuring that customers receive prompt and effective assistance whenever they need it.

Franchise Opportunity

If you are considering a Mr. Rooter franchise, you are looking at a business model built on a strong support system and a well-respected brand. Investing in a Mr. Rooter franchise provides you with the opportunity to operate your own plumbing business using a proven system. With comprehensive training, ongoing support, and a recognized brand name, franchisees can tap into a growing market for plumbing services, ensuring a potential path to profitability and independence.

Corporate Structure

Mr. Rooter Plumbing, a subsidiary of Neighborly, is incorporated in the state of Texas. The company operates under the franchise name "Mr. Rooter" and is committed to providing top-quality plumbing services. The corporate headquarters is located at 1010 N. University Parks Drive, Waco, Texas 76707. Neighborly, the parent company, encompasses a wide range of home service brands, allowing Mr. Rooter franchisees to benefit from a larger network of resources and customer referrals.

Royalties

Franchisees of Mr. Rooter are required to pay a royalty fee of 5% of their gross sales. Additionally, franchisees contribute 2% of their gross sales to a national advertising fund, which supports brand marketing efforts and enhances overall visibility. These fees are essential for maintaining the brand's presence in the market and ensuring franchisees have the resources they need for success.

Company Mission

Mr. Rooter’s mission is to provide customers with reliable, high-quality plumbing services while fostering a culture of integrity and respect. The brand aims to create lasting relationships with customers through exceptional service, transparency, and a commitment to exceeding expectations. Mr. Rooter strives to be the preferred plumbing service provider in every community it serves, reflecting a dedication to both customer satisfaction and community involvement.

Brand Story

Mr. Rooter began its journey in 1970 when it was founded by a group of plumbing professionals who wanted to change the way plumbing services were delivered. The franchise quickly gained recognition for its customer-focused approach and commitment to quality service. Over the decades, Mr. Rooter has expanded its footprint, leveraging innovative technology and efficient practices to meet the evolving needs of customers. Today, Mr. Rooter stands as a trusted name in the plumbing industry, known for its professionalism and dedication to customer care.

Frequently Asked Questions

The total investment required to start a Mr. Rooter franchise ranges from $122,303 to $263,800. This amount includes an initial franchise fee of $43,750, which is part of the overall investment.