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Units as of 2020
114 (5 added in 3 years)
4.6%
2021 Franchise 500 Rank
#420 Not ranked last year
Initial investment
$126K - $294K

Company Overview

Mister Sparky franchisees offer electrical repairs, maintenance and installation, and replacements of ceiling fans, circuits and wiring, generators, lighting, LED lighting, main electrical panel work, smoke alarms, sub panel work, surge protection and whole home electrical evaluations. Ongoing maintenance and service plans are offered through the Home Comfort Collection.

About Mister Sparky

Industry
Maintenance
Founded
1996
Parent Company
Authority Brands
Leadership
Rob Weddle, CEO

Franchising Overview

Franchising Since
2006 (15 years)
# of employees at HQ
742
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
114 (as of 2020)

Franchisor Information

Corporate Address
7120 Samuel Morse Dr., #300
Columbia, MD 21046

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Mister Sparky franchise.

Financial Requirements & Ongoing 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 Franchise Fee
$33,000
Initial Investment
$125,868 - $293,923
Net Worth Requirement
$250,000 - $1,000,000
Cash Requirement
$100,000
Veteran Incentives
10% off franchise fee
Royalty Fee
6%
Ad Royalty Fee
3%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Mister Sparky has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
55 hours
Additional Training
At regional & national training sites
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
4
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Mister Sparky landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Mister Sparky ranked on other franchise lists? Find out below.

Ranked #420

Franchise 500 Ranking

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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