1994
200
$50,000
$42,000
$278,700
No
Mr. Electric® is a leading electrical services franchise offering both residential and commercial electrical installation, repair, and maintenance. As part of the respected Neighborly® brand family, Mr. Electric provides franchisees with a trusted name, a proven system, and industry-leading support to help them build a successful electrical service business.
Founded in 1994, Mr. Electric has grown to become a well-recognized name in the electrical service industry across the United States. With a customer-first philosophy, a focus on professional service, and innovation in technology, Mr. Electric delivers top-notch service while offering franchise owners a scalable, high-demand business model. Mr. Electric is a subsidiary of Neighborly®, a global home services franchise powerhouse.
Mr. Electric provides robust support for its franchisees, including:
Initial Training: 2 weeks of comprehensive training at headquarters covering operations, marketing, business planning, and customer service.
On-site Training: Hands-on field training for real-world applications.
Ongoing Support: Access to a dedicated franchise consultant, 24/7 support, and an extensive library of tools and resources.
Marketing Support: National marketing campaigns, local advertising strategies, digital marketing tools, and customized promotional materials.
Technology Tools: Proprietary software for CRM, scheduling, reporting, and more.
The ideal Mr. Electric franchisee:
Does not need to be a licensed electrician.
Possesses strong leadership and management skills.
Is motivated to build a team-oriented business.
Has a passion for customer service and community engagement.
Desires a scalable business model with long-term potential.
Franchise Fee: $42,000
Total Investment Range: $118,150 – $278,700
Minimum Net Worth: $250,000
Minimum Liquid Capital: $50,000
Royalty Fee: 6% of gross sales
Franchise Units (USA): 200+
Established: 1994
