百大连锁店-Rank no. 406 -新移民致富之路

百大连锁店-Rank no. 406 -新移民致富之路


Rank no. 406 – Mr. Electric – US

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Products & Services: Electrical services

Number of Locations: 165

Total Investment: $76.4K – 174K

Founded: 1994

Began Franchising: 1994

About Mr. Electric

Established in 1994, Mr. Electric is a franchise providing electrical installation and repair servicesto both residential and commercial customers at 160 locations worldwide. Mr. Electric is a subsidiary of The Dwyer Group.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 136 22 7 0
2012 134 26 3 0
2011 137 28 3 0
2010 155 22 2 0
2009 151 26 3 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada, Western Europe.

Startup Costs, Ongoing Fees and Financing

Total Investment: $76,400 – $174,000
Franchise Fee: $28,000
Ongoing Royalty Fee: 5-7%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS

Net Worth: $125,000
Liquid Cash Available: $40,000

OPERATIONS

Franchise can be run from home. Number of employees needed to run franchised unit: 2 – 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

FINANCING TYPE IN-HOUSE THIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. At franchisee’s location: 3 days. Regional meetings twice a year; webinars
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,
Other marketing support: Social media

Franchise Ranking History

Franchise 500®: #406 (2013), #396 (2012), #186 (2011), #212 (2010), #217 (2009),
Top Home-Based: #53 (2011), #61 (2010), #52 (2009),
America’s Top Global: #148 (2011), #165 (2010), #167 (2009),
Mr. Electric serves the electrical upgrade, installation, and repair needs of residential and commercial customers throughout the area.

You can feel confident calling Mr. Electric, knowing that our highly trained Service Professionals will treat you, your family, and your property with the respect and attention to safety you deserve.

We are a locally owned and operated company, and as a result, we understand the needs of our customers. Whether it’s hanging a ceiling fan, installing a custom-designed landscape lighting system, or rewiring a commercial structure, you can call Mr. Electric. We have the power to make things better!