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Quick Franchise Summary
Recognized by Entrepreneur Magazine among its "Franchise 500," Mr. Electric franchisees provides electrical installation & repair services to both residential and commercial customers. We are proud to have 195 locations worldwide & to offer VetFran discounts for Veterans! Financing assistance available to qualified buyers.
Mr. Electric
Business Cost, Fees & Facts for 2023
Minimum Cash Required | $50,000 | |
Net Worth Required | $100,000 | |
Total Investment | $107,900 - $244,500 | |
Franchise Fee | $42,500 | |
Financing Assistance | Available | |
Year Founded | 1994 | |
# of Existing Units | 195 | |
Franchising Since | 1994 | |
Training & Support | Yes | |
Home Office Location | Waco, TX | |
Military/Veteran Promotion | Yes |
Available In These States:
Overview
Mr. Electric - Franchise
Mr. Electric Awards
Military & Veteran Promotions
Veterans can also receive special support from our franchise organization. We offer the VetFran Incentive to qualified honorably discharged veterans. This incentive provides a 15% veteran discount on the minimum initial franchise fee. G.I. Jobs magazine has listed us among its Military Friendly Franchises ® , and the Military Times has recognized us as a Best for Vets ® franchise.
Testimonials
"The quality of their solutions and the culture at Mr. Electric fits will with our current business and our values. It also gives me more time with my family."Sean Dore
Mr. Electric Video
Press Releases & Awards
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