Franchise overview by FranRelay
MR. ELECTRIC
Mr. Electric provides electrical repairs, installations, upgrades and remodeling for homes and businesses. Franchisees deliver services ranging from lighting and outlet repairs to wiring upgrades and backup generator installation.
Speak with a FranRelay consultant about MR. ELECTRIC, your questions, and next steps.
Investment and fees
What it costs to open and operate
Upfront investment
Total initial investment
$159,500 – $357,425
US-dollar estimate includes the franchise fee and three months of operating funds. Additional territory fees and real estate costs can increase the total. Both offers share the startup assumptions and exclusions explained below.
Initial franchise fee
$42,500
Normally counted within the total above, not added on top — confirm in the source.
The $42,500 minimum covers up to 100,000 people; extra territory is $425 per 1,000, prorated for smaller increments. Due in full at signing and nonrefundable. Any fee financing needs approval and excludes brokered sales. Discounts and rural pricing may apply.
Selected fees
RoyaltyStandard: 6% of weekly Gross Sales or the applicable weekly minimum, whichever is greater
Paid each Wednesday on the prior week's Gross Sales. Standard minimums start in week 40 and vary by territory population and operating period. Approved existing-business conversions can have different introductory rates and minimums.
Advertising contribution2% of weekly Gross Sales to the MAP Fund, paid each Wednesday
Local marketingFirst 12 operating months: $60,000; months 13-24: $75,000
After month 24, annual spending may be required at the greater of $55,000 or 8% of prior-year Gross Sales. If formed, a local marketing group can require up to 3% of Gross Sales, credited toward local minimums but not capped by them; part may fund Neighborly brand awareness. Shortfalls may be collected. Local spending is separate from MAP fees.
These are selected fees, not the complete fee schedule. Review the full FDD for all fees and conditions.
Figures are as disclosed for the period shown; unknown or undisclosed items are labelled, never shown as $0. No earnings, profit or payback figures are shown. Revenue is not profit.
Ownership and support
What owning this franchise involves
Your role
Run an electrical service business under owner-supervision rules, with a manager option that requires approval.
- Owner involvement
- An entity's trained designated owner provides direct on-site supervision unless the franchisor consents otherwise.
- Main responsibilities
- You cannot hold an interest in or relationship with a competing business.
- Manager requirements
- An approved manager must complete training and directly supervise; the manager need not own the business.
Free consultation
Let's talk about MR. ELECTRIC.
Discuss your startup budget, preferred owner role and the single-business or private equity development offer with a FranRelay consultant.
Free for buyers. Franchisors may pay FranRelay if you go ahead; we tell you before any introduction, and nothing happens without your go-ahead.
Disclosure document
The fees above are a short selection. Check the full FDD for all fees and terms before making a decision.
MR. ELECTRIC SPV LLC, Franchise Disclosure Document. Issuance Date: April 1, 2026.
An introduction is not a statement that territory is available or that you will be accepted.