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Established in 1994, Mr. Electric is a global franchise organization providing electrical installation and repair services. Recognized by Entrepreneur magazine among its "Franchise 500," Mr. Electric franchisees provide these services to both residential and commercial customers at 160 locations worldwide. Mr. Electric is part of The Dwyer Group family of companies, which also includes Rainbow International, Mr. Rooter, Aire Serv, Mr. Appliance, and Glass Doctor.
Franchisor Background
Year Established: 1994
Franchising Since: 1994
Operating Units:
Franchised Units:
215
100%
Company-Owned Units:
0
0%
Total Operating Units:
215
100.0%
Geographic Distribution:
U.S.:
150
69.8%
In 42 States
Canada:
5
2.3%
In 2 Canadian Provinces
International:
60
27.9%
In 0 Foreign Countries
Total:
215
100.0%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Florida
12
2. Texas
12
3. Ohio
7
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment:
Minimum Net Worth:
$Varies
Cash Investment:
$30.2-68K
Total Investment:
$69-162K
Average Total Investment:
$109K
Fees:
Initial Franchise Fee:
$22K/100KPop
Average Franchise Fee:
$43K
On-Going Royalty:
4-7%
Average Royalty:
6%
Advertising Fee:
2%
Average Number of Employees: 4 Full-time, 1 Part-time
