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Mr. Electric Franchise Opportunity

Own a Mr. Electric Franchise

Since 1994, Mr. Electric® has specialized in electrical installation and repair for both residential and business customers. Mr. Electric independently owned and operated franchisees serves customers from 200+ locations across North America. As part of Neighborly®, Mr. Electric is backed by one of the most successful organizations in franchising. Franchisees may choose to open a new business or convert an existing electrical business. Financing assistance may be available to qualified buyers.

Recognized by Entrepreneur Magazine® among its “Franchise 500®,” Mr. Electric is a nationally-recognized industry leader in electrical installation and repair, and is backed by Neighborly®, one of the world’s largest families of service-based franchises. As a Neighborly company, Mr. Electric franchisees benefit from a network of over 12 million+ customers and 5,000+ franchises worldwide, with 30 industry leading brands, allowing for referral and multi-brand marketing expertise in North America & Europe.

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Mr. Electric Awards from Franchise Business Review

2024 FBR Top
2024 Best Culture
2023 Top Veterans
2023 Recession Proof
2023 Top Franchise
2022 Most Innovative
2022 Top Veterans
2022 Rock Star
2022 Top Recession-Proof
2022 Top 200
2022 Best Culture
2021 Best Culture
2021 Recession Proof
2021 Top Veterans
2021 Top Women
2021 Top
2020 Second Career
2020 Best Culture
2020 Top Home-Based Franchise
2020 Franchise Rockstar
2020 Top Low Cost
2020 Top Veterans
2020 FBR Top
2019 FBR Top
2019 FBR Rockstar

Mr. Electric Franchise Information

Business Model

Where Others See Outlets, We See Opportunity. Mr. Electric is about way more than hanging ceiling fans. Mr. Electric has the power to interconnect entire homes, making them safer, more convenient and more efficient for the whole family – and they’ve been doing so since 1994. Today, Mr. Electric is the largest full-service electrical franchise in the country.

Operating in three main service categories – Safety, Installation & Lighting – amped up owners work within a business model that includes:

No Industry Experience Required: Some owners can’t screw in a light bulb, but with an expert staff, they don’t have to.

Small Footprint: Low overhead is part of the beauty of Mr. Electric’s model. Initial office space is not required, and only needed when you deem necessary.

Limited Receivables: Most projects are “cash jobs” where your techs leave with payment. Rarely do you have to chase down receivables.

Marketing-Driven: Mr. Electric’s in-demand electrical services are sought out by the customer. They find you; no cold calling necessary.

Prime Territories: Mr. Electric offers designated territories with room to grow in numerous markets all across North America.

Key Benefits

Purchasing a Mr. Electric franchise could be your opportunity to deliver exceptional service for residential and commercial customers in need of electrical services. With a Mr. Electric franchise, owners enjoy the independence of starting their own business, or converting their existing one, with the security of joining forces with a nationally recognized brand.

A potential franchisee without electrical experience or licensing may qualify to open an electrical service franchise through our robust business system. Already licensed electrical contractors or technicians may be abundantly qualified to own a franchise and expand their current business.

Ongoing Training & Support: Our Sure Start training program helps equip our franchisees with the knowledge and support needed to run their operations most efficiently with proven technology and software, systems training and a dedicated Franchise Consultant.

Brand Recognition: Decades of award-winning results coupled with an exclusive territory.

Nationwide Networking Support: Over 200+ fellow franchisees to consult with, plus the opportunity to gather at Regional and National Conferences.

Vendor Discounts: Cut your expenses with ProTradeNet, a program offering preferred discounts through membership and potential annual rebates.

Marketing Support

Superior marketing strategies and support that leverages the nationally recognized and respected brand name along with an extensive customer database collected from the local family of Neighborly home service brands, to provide you with the most effective marketing strategies and tools possible. Leading web presence, national and customizable local website, bold online social media presence, national search engine optimization (SEO) strategy, and online reputation management support.

Training Programs

Comprehensive ongoing training and support: Our Sure Start training program helps equip our franchisees with the knowledge and support needed to run their operations most efficiently with proven technology and software, systems training and a dedicated Franchise Consultant.

Do you offer a discount for veterans?

20% off initial franchise fee for qualified veterans

Mr. Electric Franchise Videos

Mr. Electric® President Joel Worthington

Mr. Electric Franchise® Owner Kevin Domingue Talks About his Franchising Experience

More About Mr. Electric Franchising

eBook: Buying a Franchise Business – A Quick Start Guide

Buying a franchise is a big investment of both time and money! Every franchise opportunity is different, and it's critical to choose the one that can best meet your unique needs and goals. In this eBook, we share insights from a number of franchise owners across various industry segments, addressing the common questions and concerns among potential franchise buyers plus the many benefits and rewards that come from franchise ownership.

Articles & Insights Dec 4

Mr. Electric Cost & Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

  • Initial Investment

    The total estimated cost for establishing the business (including: franchise fee, fixed assets, inventory, deposits, other fees and costs, and the working capital required for initial start-up).

    $139,900 - $288,500
  • Cash Requirement

    Your liquid capital, or the cash you need on-hand in order to be able to enter into the franchise agreement.

    $65,000

Brighten your future with an investment in the largest full-service electrical franchise in the country. As a trusted brand, we help our franchise owners stand out in a growing industry that continues to evolve with the rise of smart technology.

Request Information
  • Min. Cash Required: $65,000
  • Total Startup Investment: $139,900 - $288,500
  • Franchising Since: 1994
  • Franchise Units: 235

Available Markets

USA United States:

AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY

CA Canada:

AB, BC, MB, NB, NL, NS, NT, NU, ON, PE, SK, YT

REQUEST MORE INFORMATION

I would like to explore funding for my business venture from Benetrends Financial (minimum investment $50K, US only).