- Liquid capital required
- $50,000
- Total investment
- $83,400 – $184,750
- Financing
- Available
- Training
- Available
- Total units
- 178
- Year founded
- 1994
About Mr. Electric
Mr. Electric has been offering comprehensive residential and commercial electrical services throughout the US and Canada since 1994. At Mr. Electric, we offer repairs, upgrades and installations, delivering high customer satisfaction by getting the job done right the first time.
Values & History
Established in 1994, Mr. Electric is a global franchise organization providing electrical installation and repair services. Recognized by Entrepreneur magazine among its "Franchise 500," Mr. Electric franchisees provide these services to both residential and commercial customers at almost 200 locations worldwide. Mr. Electric is a subsidiary of the Neighborly family of service franchises.
Industry Performance
Why Choose Us?
Mr. Electric specializes in electric installation and repair services with over 200 locations across the globe. The primary focus of the Mr. Electric team is on helping our franchisees meet and exceed their financial, professional and personal goals. As part of Neighborly, our expertise lies in providing the right tools, support and environment to turn those goals and dreams into a reality. We see it happen every day. Why shouldn't it happen to you?
With franchising, you get the independence of starting your own business with the security of joining forces with a nationally recognized brand. The combination of your energy and ambition with the experience and expertise of a larger company is explosive in its potential for success.
The possibility of taking on business ownership is exciting. It's a big decision, but one that can result in a lifetime of financial, professional, and personal rewards. The electrical business is a $155 billion industry with a 5.3% annual growth rate in the last 5 years. It's a solid, necessity-based business with steady consumer demand.
Purchasing a Mr. Electric Franchise
There is an initial franchise fee of $35,000 and a total investment range of $83,400 - $184,750.
When you join us as a Mr. Electric franchisee, you'll have access to a wealth of resources on running your electrical business. We are dedicated to providing you with a host of support services to help your business thrive.
Ideal Candidate & Qualifications
We are looking for business owners or individuals with an entrepreneurial spirit and a dedication to working hard every day.
Training & Support
- Setting up office systems and day-to-day operations
- Technology training, including operation of our proprietary software systems
- Education in the Mr. Electric electrical business systems, culture, and team development
- Tested marketing systems, local marketing consulting and access to marketing collateral
- Finance management and investments
- Ongoing training and development
Who is FranNet?
FranNet is a franchise consulting company that helps aspiring entrepreneurs find and evaluate the right franchise opportunity at no cost to them.
Working with FranNet is absolutely free. Because franchise sales and fees are federally regulated, there’s no mark-up for using a consultant.
It starts with a free, no-obligation consultation about your goals, budget and strengths. From there a FranNet consultant presents vetted franchise options and supports you through introductions, evaluation and a confident decision.
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