Mr Electric franchise

Min investment
18,000

Outlets
200

Mr Electric franchise

Expert Electrical Service

Residential & commercial electricians, installation & repair of electrical equipments.

Minimum investment
18,000

Funding support
No

Total investment
64,000

Franchise fees
23,000

Business type
Franchise

Expected revenue after 2 years
N/A


Minimum investment
18,000

Outlets
200
  • Operating fee:
    N/A
  • Advertising fee:
    2%
  • Royalty fee:
    5-7%
  • Average floor space:
    N/A

About Mr Electric
franchise

Mr. Electric is an international franchise organization focused on the installation of electric equipment as well as its repairs. For over two decades, we have been the leaders in the electrical services industry as our everyday mission is to provide safe and high quality products and services. This includes child proof outlets, dedicated computer circuits, surge protectors, ceiling fans, landscape lighting, and many more! We are definitely your go to shop for everyday electric services need.

Mr Electric Franchise company cars

Reasons to Join Us

The market in the electric services industry is constantly growing as more buildings, houses, institutions are being built every day. Mr. Electric is one of the best providers of electric services with special incentives on remodeling, commercial and industrial lighting as well as home improvement. An established business with nearly 200 outlets all around the world, we boast that our expertise in the field is unparalleled making us the top choice for electric services. We owe this to our loyal customers whom we treat with respect, integrity and sincerity. However, we will not be able to reach our worldwide success if not for our business model which recently has gotten the attention of Entrepreneur Magazine bagging us a place among its Franchise 500 list.

Training and support provided

Our franchisees need not worry on starting their own branch as we provide initial training as well as ongoing support. The preliminary training will last for a week while the regional meetings are conducted twice a year.

This is done to ensure the continuous growth of the company and the constant increase of franchisees' profits through the mutual exchange of ideas from us and our franchisees. Our ongoing support includes aids in purchasing co-ops, newsletter, toll-free line, meetings and the website. More than that, we also support our new franchisees by publicising their location in their region as well as in the national scope.

The ideal Mr Electric franchisee

As our company is still expanding while more and more people are searching for our outlets, we are currently in need of people who want to run their own Mr. Electric in their local area. If you are hardworking, goal-oriented and success-driven, with great interest in the electrical services industry, then this is the right franchise for you.

Interested applicants should prepare a minimum total investment ranging from £64,000 to £142,000 with a net worth requirement of at least £96,000 and a liquid assets amounting to £35,000. The initial franchise fee is from £23,000 to £27,000 and the Ongoing Royalty Fee and the Ad Royalty Fee are 5-7% and 2%, respectively. We can help you cover the franchise fee as we have an in-house financing program specially designed for new franchisees.

Mr Electric's history

From Our Creation to Current Times

Mr. Electric was founded in 1994 when it started to provide electric installation and repair services. Our business saw immediate success with the first franchise opening in the same year. Today, we have almost 200 locations in the world.

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