Mr. Electric

Electrical service and repair

Franchise Growth Cost & Fees Training & Support Rankings

Year began: 1994 Franchising since: 1994
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.

1020 N. University Parks Dr.
Waco, TX 76707

Phone: (800)253-9151
Fax:

Franchisor is a publicly-held company with 110 employee(s); 30 employee(s) in franchise department.

Franchise Growth

Year

2008
2007
2006
2005
2004

U.S. Franchises

155
139
134
131
105

Canadian Franchises

11
7
2
2
4

Foreign Franchises

4
4
3
3
25

Company
Owned

0
0
0
0
0

Costs & Fees

Total investment: $69.2K-162K
Franchise fee: $22K
Ongoing royalty fee: 4-7%
Term of agreement: 10 years, renewable
Renewal fee: $2.5K

Type of Financing Available
	In-House	Third Party
Franchise Fee	Yes	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Training & Support

TRAINING

Available at headquarters: 10 days
At franchisee's location: 2-3 days
Regional locations: 2 days

ONGOING SUPPORT

Newsletter
Meetings
Toll-free phone line
Grand opening
Internet
Security/safety procedures
Field operations/evaluations
Purchasing cooperatives

MARKETING SUPPORT

Co-op advertising
Ad slicks
National media

Rankings in Entrepreneur magazine 2004-2008

Franchise 500® rank:
#287 (2008); #294 (2007); #305 (2006); #285 (2005); #212 (2004);

Top home based franchises:
#76 (2008); #82 (2007); #80 (2006); #77 (2005); #52 (2004);

America's Top Global Franchises:
#175 (2005); #138 (2004);