263
Mr. Electric
November 12, 2024 at 6:26:33 PM
Last Year Rank:
265
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Investment Range:
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Initial Investment:
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Category:
$152,000 - $314,500
$42,500
Home Services
Company Description
This electrical repair and installation provider was founded in 1994 and began franchising the same year. Along with installing fixtures and inspecting and providing for safety measures in residential homes, Mr. Electric service providers also provide lighting services for holiday decorations. Mr. Electric is a subsidiary of Neighborly, which owns a number of home services franchises including Mr. Rooter, Glass Doctor and the Ground Guys.
Company Statistics
Global Sales: $175,228,053US Units: 189International Units: 8Total Units: 197Percent Franchised: 100%% International Units: 4%US Franchised Units: 189International Franchised Units: 8Sales Growth %: 2.7%Unit Growth %: 4.2%
Company Statistics
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Global Sales:
$175,228,053
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US Units:
189
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International Units:
8
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Total Units:
197
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Percent Franchised:
100%
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%International Units:
4%
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US Franchised Units:
189
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International Franchised Units:
8
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Sales Gowth%:
2.70%
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Unit Growth%:
4.20%
Franchise Financial Overview
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Starting Year:
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Franchise Fee:
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Royalty Fee:
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Financing Available: