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Mr. Electric

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

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Mr. Electric

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Mr. Electric Franchise Cost and Requirements for 2024

Background

Mr. Electric is a national electrical services franchise company. Its franchisees specialize in the residential and commercial markets. Mr. Electric was founded in 1994 and has been franchising since that time. In March 2007, franchises were also offered under the name Sunburst Electric in geographic areas where the Mr. Electric name is unavailable. (The franchises are the same in all aspects other than the trade name, advertising and amount of advertising nationally. Services offered by Mr. Electric franchisees include:

  • Residential electrical repairs and service
  • Generators installs and service
  • Commercial lighting and lighting retrofit
  • Commercial contracting services
  • Residential outdoor lighting
  • Holiday lighting installation and removal
  • Low voltage systems
  • Electric vehicle car charging installs

Recently, The Home Depot named Mr. Electric as its national home services vendor for residential electrical work. Mr. Electric franchisees are recommended to the customers of The Home Depot for all electrical installations, services, outdoor lighting services and any other electrical service that could be required by customers. The support from the World Headquarters includes on-going support after the initial one-week intensive training at the home office by way of Franchise Consultants who visit franchisee locations to help both office and field personnel with continual polishing of their relationship building and business skill sets. Mr. Electric also offers a true marketing department as well as a public relations team that will help franchisees to continue to grow in their markets. We do not own or operate any franchises. As of December 31, 2014, we had 148 franchises in the United States and Canada.

Company Details

Established: 1994
First Unit Franchised:1994
Franchised Units:183
Company Owned Units:0
States Registered In:All
Canada Franchises: Yes
International Franchises: Yes

Support and Training Offered By Mr. Electric

12 Hours of online training prior to attending business training at the corporate offices.

1 Week of business training at corporate offices.

Regional event training for business owners and employees annually.

Periodic site visits.

Annual conference. 

Unlimited phone support focused on marketing strategies, day to day operations, management strategies, financial management and any needs franchisee may have.

Neighborly Webinar with Austin Meek

2024 Franchise Requirements Needed to Own a Mr. Electric Franchise.

What does a Mr. Electric Franchise Cost?

Mr. Electric franchise fees for 2024:

Franchise Fee: $42,500 + $425 per 1,000 additional population over minimum

Investment Range: $138,100-$288,500

20% off initial franchise fee for qualified veterans

Is Mr. Electric a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Mr. Electric is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Mr. Electric a Home Based franchise?

Yes. Mr. Electric is a home based franchise opportunity.

What Do Mr. Electric Franchise Owners Make?

Click here to find out how much Mr. Electric franchisees make. Mr. Electric offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Mr. Electric a Master Franchise Opportunity?

No. Mr. Electric is not a master franchise opportunity.

Does Mr. Electric Offer a Veteran Discount?

Yes. Mr. Electric franchise does offer a veteran discount.

Does Mr. Electric Work with E2 Visa and EB-5 Visa Candidates?

Yes. Mr. Electric franchise does work with E2 Visa and EB-5 Visa candidates.

Is Mr. Electric Looking for Franchisees in Canada?

Yes. Mr. Electric franchise is looking for Canada franchisees.

Is Mr. Electric Looking for International franchisees?

Yes. Mr. Electric franchise is looking for International franchisees.

Where can I see Mr. Electric's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Home Services, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

E2 Visa Franchise

Yes

Mr. Electric Franchises for Sale

Click Here to inquire about existing Mr. Electric franchises for sale. We may have Mr. Electric franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

Franchises Similar to Mr. Electric

Kitchen Tune-Up, FASTFRAME, Restoration 1, All Dry, Benjamin Franklin Plumbing, iFoam, Weed Man Lawn Care, Premier Pools & Spas, Pillar to Post Home Inspection, Heaven's Best Carpet Cleaning, ProSource Wholesale, The Patch Boys, MissQuito, Bright Brothers, Kitchen Refresh

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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