Mr. Electric Franchise

Electrical service and repair


Mr. Electric has been providing residential and light commercial electrical service and repair since 1994. Recognized by Entrepreneur Magazine among its "Franchise 500", Mr. Electric currently provides service at
more than 160 locations worldwide. The company is owned by The Dwyer Group, an international franchise organization that also owns franchise companies Mr. Rooter, Mr. Appliance, Glass Doctor, Rainbow Int'l., The Grounds Guys, Aire Serv and Dream Maker Bath & Kitchen Worldwide.

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Please Note: The operators of Mr. Electric, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Mr. Electric website.

How much does it cost to open a Mr. Electric Franchise?

The investment required to open a Mr. Electric Franchise is between $80,900-$182,250. There is an initial franchise fee of $33,750 which grants you the license to run a business under the Mr. Electric name.

Individual Unit Costs

  • Initial Investment:
    $80,900-$182,250
  • Initial Franchise Fee:
    $33,750
  • Royalty Fee:
    5-7%
  • Advertising Fee:
    2%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    $5,000


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Mr. Electric News & Press Releases

When did the first Mr. Electric open? 1994
When did Mr. Electric start Franchising? 1994

Year U.S.A. Canada International Corporate
2010 135 4 25 0
2009 140 4 25 0
2008 139 4 25 0
2005 96 4 25 0
2004 105 4 25 0
2003 110 4 25 0
2002 92 4 25 0
2001 91 2 25 0

United States: Nationwide

International:

Expense In-House Third Party
Franchise Fee Yes No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Support
We produce and distribute various training materials, programs, manuals and newsletters to our franchisees, and we facilitate the holding of local, regional and/or national
conferences in order to encourage networking and exchange of ideas for the purpose of making your franchise more profitable.

Other support for our franchisees includes a purchasing co-op, a grand opening program and a national website.

Marketing
Typical marketing for our franchise includes door hangers, flyers, newspaper and magazines ads, yellow page ads, television and radio commercials, the use of social media, co-op advertising, ad slicks and national media.

Absentee ownership is not allowed. 100% of current franchisees are owner/operators

Business Experience:
A license is required, so industry experience is needed. It is helpful, but not necessary to have general business and marketing experience.

To calculate how much income a franchise owner can do at Mr. Electric Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

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Listing Tags

electrical service, electrician, electricians, electrical repair, repair, service, ceiling fans, breakers, fuses, code corrections, outlets, service panel upgrades, high-tech troubleshooting, dedicated computer circuits, data communication lines, lighting design, maintenance, security, landscape lighting, surge protectors, motors, exhaust fans, electric water heaters, transformers, smoke detectors, ground fault interrupt circuits, appliances, light bulbs, electricity, wiring, home, commercial
Mr. Electric Franchise Opportunity viewed 14287 times by investors.

Legal Disclaimer: This information is not a franchise offering for Mr. Electric and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Mr. Electric franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

Mr. Electric

Mr. Electric

Mr. Electric
1020 N. University Parks Dr.
Waco, TX
76707

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