Total investment:

$ 97,600

Franchise fee:

$ 35,000

Royality fee:

5.50%

Monthly marketing payment :

$ 0

Number of franchises

Return

Time period

Revenue:

$ 12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

Foundatoin year: 1994

Year of franchising: 1994

Company units:

Franchise units: 178

Total number of units:

Number of employees per unit: 2-3

Contract period: 60 month

FRANCHISE ONLINE

WEBSITE

Established in 1994, Mr. Electric organization providing electrical installation and repair services to both residential and commercial customers. The company is a subsidiary of the Neighborly® family of service franchises. As of 2018, Mr. Electric operates 128 franchises in the United States and 50 ones outside the country.

Classroom Training: 58.75 hours
Additional Training: Regional meetings twice a year; webinars

Ad Royalty Fee: 2%


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