How much does a Mr. Electric franchise cost?
Opening a Mr. Electric franchise takes a total initial investment of $152,000 to $314,925, according to the brand's 2025 Franchise Disclosure Document. The FDD's Item 19 reports median gross sales attained by this group of $342,631 across 76 outlets.
Mr. Electric franchises businesses. Category: Home Services.
Item 7
What it costs to open a Mr. Electric franchise
The franchisor's own estimated initial investment, as disclosed in its 2025 FDD. The total is $152,000 to $314,925. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Additional Funds - 3 Mo. ($50,000 to $100,000), Advertising, Marketing and Promotional Spending ($30,000 to $60,000), and Vehicle ($3,500 to $55,000).
The initial franchise fee is $42,500.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2025 FDD, Item 7, p. 31 | $42,500 | $42,500 | 2025 FDD, Item 7, p. 31 |
| Vehicle2025 FDD, Item 7, p. 31 | $3,500 | $55,000 | 2025 FDD, Item 7, p. 31 |
| Equipment, Supplies & Inventory2025 FDD, Item 7, p. 31 | $12,000 | $20,000 | 2025 FDD, Item 7, p. 31 |
| Insurance2025 FDD, Item 7, p. 31 | $5,000 | $7,500 | 2025 FDD, Item 7, p. 31 |
| Advertising, Marketing and Promotional Spending2025 FDD, Item 7, p. 31 | $30,000 | $60,000 | 2025 FDD, Item 7, p. 31 |
| Training, Travel, Lodging & Food2025 FDD, Item 7, p. 31 | $8,000 | $16,000 | 2025 FDD, Item 7, p. 31 |
| Deposits, Permits & Licenses2025 FDD, Item 7, p. 31 | $1,000 | $2,500 | 2025 FDD, Item 7, p. 31 |
| Professional Fees2025 FDD, Item 7, p. 31 | $0 | $5,000 | 2025 FDD, Item 7, p. 31 |
| Real Estate2025 FDD, Item 7, p. 31 | $0 | $6,000 | 2025 FDD, Item 7, p. 31 |
| Additional Funds - 3 Mo.2025 FDD, Item 7, p. 31 | $50,000 | $100,000 | 2025 FDD, Item 7, p. 31 |
| Total estimated initial investment2025 FDD, Item 7, p. 31 | $152,000 | $314,925 | 2025 FDD, Item 7, p. 31 |
About this total: The FDD prints the high total as "$314,925+ any additional franchise fee + any real estate costs." The amount 314925 is the printed base amount; the additional amounts are not stated as fixed whole-dollar figures.
Source Mr. Electric, 2025 FDD, Item 7, p. 31, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-15.
Item 19
What Mr. Electric franchisees actually report earning
Median Gross Sales Attained by this Group
$342,631
Mr. Electric's 2025 FDD, Item 19, for the January 1, 2024 through December 31, 2024 (the “Reporting Period”). Basis: Franchised Businesses open and reporting for full 52 weeks, grouped by territory population and percentage or quartile rank.
Sample size: 76 outlets. The FDD also reports average gross sales attained by this group of $521,544. We lead with the median because an average is pulled upward by the strongest outlets; the median is the middle outlet.
What the franchisor excluded from this figure
- The Item excludes 41 franchised businesses that opened during 2024 and were not in operation for the entire Reporting Period.
- The Item excludes 18 franchised businesses that failed to report reliable data for the full Reporting Period.
- The Item excludes 19 franchised businesses that closed during the Reporting Period because they were not in operation for the entire Reporting Period.
This is a disclosure of what some existing outlets reported, not a projection of what a new Mr. Electric outlet would earn. Your results will differ.
Source Mr. Electric, 2025 FDD, Item 19, p. 74-75, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-15.
Item 20
How many Mr. Electric outlets there are, and how many closed
Mr. Electric ended 2024 with 211 franchised outlets and no company-owned outlets. In that year 41 franchised outlets opened and 19 left the system.
Three years at a glance
From 2022 through 2024, Mr. Electric opened 85 franchised outlets and 44 outlets left the system. That is a net gain of 41, from 170 to 211 franchised outlets. Of the outlets that left, 12 were terminated, 10 were not renewed, and 22 closed for other reasons.
On average, about 8.2% of franchised outlets left the system each year, roughly 1 in 12.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2024 | 189 | 41 | 3 | 5 | 0 | 11 | 211 | 2025 FDD, Item 20, p. 83 |
| 2023 | 180 | 27 | 5 | 4 | 0 | 9 | 189 | 2025 FDD, Item 20, p. 83 |
| 2022 | 170 | 17 | 4 | 1 | 0 | 2 | 180 | 2025 FDD, Item 20, p. 83 |
Source Mr. Electric, 2025 FDD, Item 20, p. 82, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-15.
Compare
How Mr. Electric compares with other Home Services franchises
Measured against the 105 Home Services franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Mr. Electric's estimated range is $233,463. It costs more to open than 76% of Home Services franchises here.
- Outlets leaving each year. 8.2% for Mr. Electric. That is higher than 64% of the 82 Home Services franchises with at least 10 outlets.
- Three-year growth. Mr. Electric's franchised system grew 24%. The typical Home Services franchise here grew 5.5%.
- Earnings disclosure. 77 of the 105 Home Services franchises here publish earnings figures in Item 19. Mr. Electric is one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Home Services franchise side by side.
Alert me when Mr. Electric files a new FDD
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