Mr. Electric Franchise Review
Mr. Electric is graded based on our most recent research.
How much does a Mr. Electric franchise cost?Mr. Electric has a franchise fee of up to $42,500, with a total initial investment range of $106,100 to $244,500.
- Initial Franchise Fee: $42,500
- Total Investment: $106,100 to $244,500
- Working Capital: $35,000 to $85,000
- Royalty Fee: 7.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a Mr. Electric franchise make?Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
How many franchise locations do they have?As of the 2021 Franchise Disclosure Document, there are 158 franchised Mr. Electric locations in the USA.
Are there any Mr. Electric franchise opportunities near me?Based on 2021 FDD data, Mr. Electric has franchise locations in 36 states. The largest region is the South with 85 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2021
Mr. Electric Franchise Stats
$106,100 - $244,500
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 41 hours. This includes 41 hours of classroom training. In their FDD they outline who’s in charge of the training. Unlock to find out more.