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Mr Electric.png

Cash Investment (Liquid): $50,000

Minimum Investment: $106,100

Maximum Investment: $244,500

Franchise Fee: $42,500

Royalty Type: Scalable


Royalty Fee Structure:

4-7%

Ad Fee Structure:

2% map fee

Business Type
  • Home Based

  • Office Space

B2B/B2C

  • B2C

Discounts:
Vet Fran

Average # of Employees:

 NA

Participation Type:

  • Owner-Operator

  • Executive Model

Background

  • Year Established: 1994

  • Year First Franchised: 1994

Mr. Electric
WHO ARE WE?

Mr. Electric is a national electrical services franchise company. Their franchisees specialize in the residential and commercial markets.  Mr. Electric was founded in 1994 and has been franchising since that time

Why US?

  • A reputation for full-service excellence (87% of customers rate Mr. Electric’s service as a 9/10 or 10/10, according to Listen 360 data.)

  • A nationally recognized brand in the Neighborly® franchise system

  • Comprehensive marketing and operations support with a digital focus

  • Recession-resistant service demand that expands with new technologies

  • Low overhead, no initial office space required, and no industry experience required

  • Schedule flexibility for a family-friendly workweek

  • Scalable business with high potential

  • Proprietary technologies for daily operations and hiring/onboarding

  • ProTradeNet® vendor buying power and rebates

  • Designated territory in a values-focused network of great people

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

A Day In the Life

  • If you are looking at starting a franchise in your city, we can help you tap into the customers of other Neighborly brands in your area.

  • Our cross-marketing campaigns can utilize our existing database of customers, potentially generating your franchise more business.

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