
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.
Complete this form to learn about the average revenue of this franchise!