Total investment:
$ 97,600
Franchise fee:
$ 35,000
Royalty fee:
5.50%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1994
Franchise since: 1994
Company owned units:
Franchise owned units: 178
Total number of units:
Number of employees per unit: 2-3
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEEstablished 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%