Mr. Electric

Electrical service and repair

Mr. Electric has been providing residential and light commercial electrical service and repair since 1994. Since franchising began in 1995, Mr. Electric has grown to more than 100 franchised units throughout the United States, Canada, New Zealand and the United Kingdom.

The company is owned by The Dwyer Group, an international franchise organization that also owns franchise companies Mr. Rooter, Mr. Appliance, Glass Doctor, Rainbow Int'l., Aire Serv and Dream Maker Bath & Kitchen Worldwide.

Please Note: The operators of Mr. Electric, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Mr. Electric website.

Start-up Costs & Franchises Fees

How much does it cost to open a Mr. Electric Franchises?

Total Investment: $65,600-$158,500
Initial Franchise Fee: $19,500
Royalty Fee: 3-6%
Advertising Fee:
Term of Agreement: 10 years
Renewal Fee: $2.5K

How to contact Mr. Electric

Mr. Electric
1020 N. University Parks Dr.
Waco, TX
76707

Toll Free: (800)805-0575
Fax: (800)209-7621

Website: Visit Website

Mr. Electric News

Servant Systems Supports Software Development For The Dwyer Group Franchise Companies
Don DeSmith, president of software developer Servant Systems, Inc., announced that his company is now doing development work for The Dwyer Group, Waco, Texas, a holding company of six franchise businesses, offering customers worldwide a broad range of residential and commercial services. Servant Sys... more

Mr. Electric Added To 'Franchise 500' List
Entrepreneur magazine has named Mr. Electric, an electrical installation and repair company, to its 28th annual "Franchise 500" list, according to a press release. The magazine bases its rankings on financial strength and stability, growth rate and size of the system. ADVERTISEMENT ... more

Mr. Electric Hires Marketing Manager
Mr. Electric announces the addition of Terry Jones, marketing manager, to its corporate team. In this recently created role, Jones works with franchisees and franchise systems managers to create customized local marketing plans, develops and enforces marketing and advertising standards, and collabor... more

When Lightning Strikes: What To Do To Keep You And Your House Safe
In an instant, lightning can cause power outages and set houses on fire - so when bad weather hits, homeowners need to be ready. "It's crucial to understand the dangers of lightning because it happens so quickly," said Rick Cross, president of Mr. Electric®. "Being proactive instead ... more

The Shocking Truth
Electrical hazards are lurking in homes across the nation. Do you know where to look to see if you are safe? According to the latest statistics from the U.S. Consumer Product Safety Commission, more than 140,000 annual electricalrelated fires account for an average of 500 deaths, nearly 5,000 injuri... more
View all Mr. Electric Press Releases

Franchise History

When did the first Mr. Electric open? 1994
When did Mr. Electric start Franchising? 1994

Year U.S.A. Canada International Corporate

2005 96 4 25 0

2004 105 4 25 0

2003 110 4 25 0

2002 92 4 25 0

2001 91 2 25 0

Expansion Plans

International:

Financing Options

Expense In-House Third Party

Franchise Fee Yes No

Startup Costs No No

Equipment No No

Inventory No No

Accounts Receivable No No

Payroll No No

Training & Support

Support
Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations

Marketing
Co-op advertising, Ad slicks, National media

Business Operations

Franchise can be run from home.
International franchisees required to buy multiple units/master licenses
Number of employees needed to run franchised unit: 2 - 3

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Qualifications & Business Experience

Business Experience:

Industry experience

6 Other Franchises in this Family

Related Franchise Categories

Listing Tags

electrical service, electrician, electricians, electrical repair, repair, service, ceiling fans, breakers, fuses, code corrections, outlets, service panel upgrades, high-tech troubleshooting, dedicated computer circuits, data communication lines, lighting design, maintenance, security, landscape lighting, surge protectors, motors, exhaust fans, electric water heaters, transformers, smoke detectors, ground fault interrupt circuits, appliances, light bulbs, electricity, wiring, home, commercial

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Legal Disclaimer: This information is not a franchise offering for Mr. Electric and should not be construed as such. TheFranchiseMall.com makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Mr. Electric franchise opportunity, review that franchise's Uniform Franchise Offering Circular (UFOC) with an attorney and accountant.