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Promoted Opportunities

#175

Initial Investment

LOW: $68,555
HIGH: $458,550

Change in Units

+4.7% +5 UNITS (1 Year)
+6.7% +7 UNITS (3 Years)

Company Profile

Founded

1996

Franchising Since

2006 (11 Years)

Corporate Address

50 Central Ave., #920 Sarasota, FL 34236

CEO

Mark Baker

Parent Company

Direct Energy

About Mister Sparky

Mister Sparky is part of the Direct Energy family of brands which also includes Benjamin Franklin Plumbing and One Hour Heating & Air Conditioning. 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. Franchisees offer customers ongoing maintenance and service through the Home Comfort Collection.

Financials

Financial Requirements

Initial Investment

$68,555 - $458,550

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$33,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3%

Financing Options

Mister Sparky offers in-house financing to cover the following: franchise fee

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

Veteran Incentives


10% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: up to 10 days

Training at headquarters: 4 days

Additional Training: At regional & national training sites

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: December 14th, 2016

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