Mr. Electric Franchise: Cost, Fees & Availability
Mr. Electric Franchise Facts
| Total Investment | $152K–$315K |
|---|---|
| Franchise Fee | $43K |
| Royalty | 6% |
| Avg. Unit Revenue (Item 19) | $1.1M |
| Total Units | 211 |
| Founded | 1994 |
| Franchising Since | 1994 |
| Liquid Capital Required | $65K |
| Category | Home Services |
20 data points independently verified by FranchiseKI with per-field sources (last verified 2026-06-11).
Where Is Mr. Electric Available?
Mr. Electric is open for new franchisees in 34 states: Alaska, California, Connecticut, Delaware, Florida, Hawaii, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Mississippi, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oregon, Pennsylvania, Rhode Island, South Dakota, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming.
Risk Flags From Market Research
- Caution: Franchisee complaints about Neighborly transfer/resale and non-compete practices (source: Glassdoor — Neighborly Franchise Owner reviews)
- Note: Parent Neighborly is private-equity owned (KKR) (source: Neighborly Brands press release)
- Note: Wide revenue dispersion by territory size (source: Franchise Chatter review of 2025 Mr. Electric FDD)
Every flag is sourced from public market research — never editorial opinion. Brands can claim their listing to respond.
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Data is compiled from public sources (FDDs, franchisor disclosures, franchise directories) and verified where possible. Always confirm details against the brand's current FDD before investing.