Business Idea

Start An Appliance Repair Business

About

Starting an appliance repair business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell appliance repair, or selling appliance repair online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start an appliance repair business ➜

Key stats

market size
$3.9B
revenue (monthly)
$100K
starting costs
$193K
gross margin
32%
avg product price
$125
time to build
7 months

About

Starting an appliance repair business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell appliance repair, or selling appliance repair online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start an appliance repair business ➜

Key stats

market size
$3.9B
revenue (monthly)
$100K
starting costs
$193K

 

gross margin
32%
avg product price
$125
time to build
7 months

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $35 $3,250
Employee & Freelancer Expenses $0 $5,500
Equipment & Supply Expenses $525 $5,500
Website Costs $232 $6,500
Business Formation Fees $600 $4,700
Vehicle Expenses $50 $350,500
Other Expenses $0 $2,300
Advertising & Marketing Costs $0 $2,800
Software Expenses $150 $2,420
Specific Industry Expenses $0 $500
Total Startup Costs $1,592 $383,970

Successful Businesses

Business URL Rank
Repair Clinic repairclinic.com #28,412
Mr. Appliance mrappliance.com #181,721
Think Crucial thinkcrucial.com #403,766
unknown spencerstv.com #430,183
Kitchen Appliances and Home Appliances Online Store at Warners' Stellian warnersstellian.com #473,515
Dominican Republic Directory - Directorio y Buscador Dominicano dd.com.do #589,801
Uncle Harry's Appliance Repair School uncleharry.com #603,740
Appliance Repair Startup appliancerepairstartup.com #725,232
Appliance Retailer applianceretailer.com.au #771,294
Mazer Appliance mazer.com #972,946
Welcome to fredsappliances.com #1,261,527

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Meaningful business connections You never know who you will meet or get to work with for your appliance repair business. This could be the start of an incredible business opportunity!
High customer retention rates Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your appliance repair business becomes an integral piece of their every day lives.
Unlimited income potential With your appliance repair business, there is no cap as to how much income you can make. The stronger your business skills and the more energy/time you put into your career, the more you'll make.
You are your own boss! With starting an appliance repair business, you are the one to make decisions for almost all of the operations. Calling the shots can be empowering and liberating!
Cons Description
Motivation of employees If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.
Longer Sales Process A appliance repair business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.
Low margins The gross margins for your appliance repair business are typically around 32%, which can make it more challenging to incur new expenses and maintain profitability.
Time commitment With starting a appliance repair business, all responsibilities and duties will be in your hands. Although this is not necessarily a negative thing, it's important to understand that your work-life balance may be a bit unbalanced at times. This can place a strain on friends and family and add to the pressure of launching a new business.
Difficult to build trust with your customer With a appliance repair business and any online business, there is little physical interaction, which means it can be a lot more difficult to establish trust and clout with your customers. You'll need to go the extra mile with your customer to grab their attention as soon as they reach your site + assure them that your brand is legit and trustworthy.
Impatient customers Your appliance repair business may offer an engaging user experience for your customer, but it's important to note that customers expect a lot when it comes to your product, and are more likely to become impatient with you and your product if there are any bugs or equipment breakdowns.

Marketing Ideas

  • 1

    Word of mouth

    The most tried and true way to grow a appliance repair business is through word of mouth - some entrepreneurs would say it's more important than all social media.

  • 2

    Advertising on social media

    Social media advertising is one of the leading ways to get the word out when it comes to appliance repair business.

    There are various different Social Media platforms available to you. Some may be more critical for your marketing efforts than others, however, it's important to have an understanding of what's out there and available to you.

    Learn more about advertising on social media ➜

  • 3

    Facebook Community

    Building a community is a great way to grow your network and your business. There are several different ways of building a community, one of the most effective (and simplest) ways is to build a Facebook group.