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Mr. Electric

Who are we

What to know about Mr. Electric franchise? Mr. Electric is a nationwide electrical services company with multiple locations across the United States. The company is known for providing electrical services to both residential and commercial customers. Services offered by them include but are not limited to: electrical repairs, installations, upgrades, maintenance, and more. In addition to their electrical services, they also extend a variety of other home service options, such as plumbing, heating and cooling, and more. Mr. Electric is a company that is available 24/7 in order to provide their customers with the best possible service. Mr. Electric provides their franchisees with the necessary tools and resources to succeed. These include a comprehensive marketing program, training and support, business planning assistance, and more. Mr. Electric is based in Waco, TX. Scroll down to learn more!How much does a Mr. Electric franchise cost?Are you wondering how much is a Mr. Electric franchise? Before starting a Mr. Electric franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Mr. Electric franchise is $107,900 and can go all the way up to $244,500. Keep in mind, you should also allocate additional funds to live off of while the Mr. Electric business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Mr. Electric franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Mr. Electric business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Mr. Electric franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Why we do it

Mr. Electric is a nationwide electrical services company with multiple locations across the United States.

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How much will it cost

  • $42,500
  • $139,900 - $288,500

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