What does a Mr. Electric Franchise Cost?
Mr. Electric franchise fees for 2023:
Franchise Fee: $42,500 + $425 per 1,000 additional population
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.