Premier Home Services Franchise Opportunities

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    Mr. Electric® Earning Potential & Investment Overview

    A High Voltage Investment In Your Future

    Technology is reshaping how homes and businesses use electricity. Your investment in Mr. Electric puts you at the center of this growing demand. With our proven systems, national brand recognition, and essential year-round services, you’ll have everything you need to build a business with serious long-term potential.

    Franchise Revenue Potential

    Mr. Electric is a nationally trusted, award-winning electrical services franchise that empowers leaders to grow a scalable, professional business. With 215+ locations across North America and nearly 30 years of experience, we offer a proven path for entrepreneurs ready to lead, grow, and build a business in a high-demand, technology-driven industry.

     

    Key factors influencing return-on-investment potential can vary based on location, operational efficiency, marketing execution, market demand, and fees. According to Item 19 of the 2026 Franchise Disclosure Document Mr. Electric franchise owners reported the following for 2025:

     

    $514,894

    Average Gross Sales for Reporting Businesses with Territory Sizes of  74,000-300,000 Population1

    $1,412,806

    Average Gross Sales for Reporting Businesses with Territory Sizes of 300,001-500,000 Population2

    1. All figures are based on annual Gross Sales as provided by Reporting Businesses during the Reporting Period of January 1, 2025, through December 31, 2025. Refer to Item 19 of the 2026 Mr. Electric SPV LLC Franchise Disclosure Document for complete details. 1. Territory size of 74,000–300,000 population: Based on 87 Reporting Businesses; 31 businesses (36%) achieved or exceeded the average. 2. Territory size of 300,001–500,000 population: Based on 30 Reporting Businesses; 13 businesses (43%) achieved or exceeded the average. New franchisees' individual financial results may differ from the results stated herein.

     

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    Franchise Costs & Investment Requirements

    Your investment in Mr. Electric could open the door to financial independence. With Neighborly®’s support and a highly scalable business model, you’ll have a clear path to becoming a trusted electrical services leader in your community. Here's a breakdown of costs and financial requirements so prospective owners can understand exactly what to expect and why Mr. Electric is generally considered a high‑value, low‑barrier franchise opportunity.
     

    Total Estimated Initial Investment Range1:

    $159,500 - $357,425

    For Mr. Electric, this range includes an initial franchise fee of $42,500 . This investment range also covers expenses such as:
    • Training
    • Initial Marketing Expenses
    • Vehicles & Equipment
    • Working Capital
    • Technology & Software
    • And More!

    Minimum Financial Requirements:

    • $65,000  available liquid capital

    Meeting the minimum financial requirements ensures franchise owners have the stability and resources needed to successfully launch and operate their business. These requirements are in place to position every new franchise owner for confidence, sustainability, and success.
     

    This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. The offer of a franchise can only be made by delivering a franchise disclosure document by or on behalf of one of the Neighborly brands, 1010 N. University Parks Dr. Waco, TX 76707, 254-745-2444. In addition, certain states regulate the offer and sale of franchises. We will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state. The filing of an application for registration of an offering prospectus or the acceptance and filing thereof by the NY Department of Law as required by NY law does not constitute approval of the offering or the sale of such franchise by the NY Department of Law or the Attorney General of NY.

    MRE Franchise Revenue Potential
    MrElectric_eBrochure_2025_FINAL.pdf

    The Electrical Industry Is Surging

     From smart home devices to EV chargers, the demand for skilled electrical service is powering one of today’s strongest service sectors.
    $312.2B
    Annual U.S. electrical industry revenue
    252K+
    Electrical businesses and counting
    1M+
    Professionals employed nationwide
    32.2%
    CAGR Electric vehicle charging infrastructure growth rate from 2024 to 2030

    Source: Research and Markets

    Why the Mr. Electric Investment Stands Out

    AI-Resistant Services

    Services rely on hands-on work,
    human judgement and expertise
    AI cannot easily replace.
     

    Year-Round Demand

    Electrical repair is an essential
    need customers rely on year‑round.

    Strong Vendor Savings

    Owners benefit from discounts and rebates on supplies through ProTradeNet®.

    Scalable Operations

    A scalable executive model designed for growth with the potential to own multiple units over time.
     

    Training & Support

    Comprehensive training programs

    are available to help owners

    successfully operate their businesses.

     

    FAQ: Costs and Investment

    Take the Next Step

    Ready to explore your next steps toward franchise ownership? Download our guide to learn what to consider as you evaluate opportunities and move toward owning a business.