Mr. Electric

Initial Franchise Fee$35,000
Number of units 178
Investment Level $100,001 ~ $200,000

Mr. Electric, satisfying customers since 1994, could be your opportunity to deliver exceptional service for residential and commercial customers in need of electrical services.

About Us

Mr. Electric is a nationally-recognized industry leader in electrical installation and repair, and is backed by Neighborly®, one of the world’s largest families of service-based franchises. As a Neighborly® company, Mr. Electric franchisees benefit from a network of over 2.5M+ customers and 3,500 franchises worldwide, with 14 home service brands, allowing for referral and multi-brand marketing expertise.

Cost, Fees and Facts

Min Cash Required                 $45,000

Total Investment                     $97,600 - $234,750

Financing Assistance             Available

Year Founded                          1962

# of existing units                    178

Franchising since                    1994

Training and Support             Yes

Home Office Location            Waco, TX

Military/Veteran Promotion  Yes

Overview

Mr. Electric is/has been recognized by Entrepreneur Magazine among its “Franchise 500”. Becoming a Mr. Electric franchisee could be your opportunity to deliver exceptional service for residential and commercial customers in need of electrical services.

With a Mr. Electric franchise business, owners enjoy the independence of starting their own business, or converting their existing one, with the security of joining forces with a nationally recognized brand.

Why Mr. Electric?

We consider many factors when determining your territory size, such as where your current customers are located (if you have an existing business), the number of businesses and upper income homes in the area, as well as any areas in which you would like to expand your business.

A potential franchisee who has no electrical experience or licensing may qualify to open an electrical service franchise through our robust business system.  Already licensed electrical contractors or technicians may be abundantly qualified to own a franchise and expand their current business.

Mr. Electric franchisees receive unprecedented support from the Mr. Electric corporate office team of professionals.

  • Comprehensive ongoing training and support: Our Sure Start training helps prepare you for many aspects of operations from how to manage your finances to technical training in the field.  A dedicated Franchise Consultant will be assigned to you from the very beginning, and support will include site visits and regularly scheduled calls to advise as needed.
  • Registered trademarks and a designated territory
  • Call Center
  • Marketing: Superior marketing strategies and support that leverages our nationally recognized and respected brand name along with an extensive customer database collected from our local family of Neighborly® home service brands, to provide you with the most effective marketing strategies and tools possible.
  • Web: Leading web presence, national and customizable local website, bold online social media presence, national search engine optimization (SEO) strategy, and online reputation management support.
  • IT: Full software training and IT support.
  • Nationwide networking support: Over 170 fellow franchisees to consult with, plus the opportunity to gather at Regional and National Conferences.
  • Vendor Discounts: Cut your expenses with ProTradeNet, a program offering preferred discounts through membership and potential annual rebates.

Military and Veteran

As the originating founder of VetFran, Neighborly® is proud to continue our commitment to aspiring veterans as a 5-Star Ranking member of the VetFran program. VetFran is a strategic initiative of the International Franchise Association to provide access and opportunities for our Nation’s Veterans and their spouses. Information at www.vetfran.com

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