Mr. Electric Canada - Franchise
Mr. Electric has built tested and effective systems for business success over the past 20 years. In addition to a solid foundation for success, Mr. Electric franchisees also benefit from research and expertise in new and growing areas of the electrical industry, such as solar, electrical vehicle charging, and lighting retrofit.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $50,000 What does Liquid Capital mean? |
|---|---|
| Franchise Fee: | $35,000 What does Franchise Fee mean? |
| Total Investment: | $97,600 - $234,750 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Available |
|---|---|
| Training: | Available |
| Veteran Discount: | 15% Off Initial Franchise Fee |
Franchisor Details
Facts about this franchise:
| Total Units: | 178 |
|---|---|
| Home Office: | Waco, TX |
| Year Founded: | 1994 |
| Franchising Since: | 1994 |
What Does a Mr. Electric Canada Franchise Cost?
To buy a franchise with Mr. Electric Canada, you'll need to have at least liquid capital of $50,000 . Franchisees can expect to make a total investment of $97,600 - $234,750. Mr. Electric Canada charges a franchise fee of $35,000. They also offer financing as well as a discount for veterans (15% Off Initial Franchise Fee) . *
Hardwired For Success
Mr. Electric specializes in electric installation and repair services with over 200 locations across the globe. The primary focus of the Mr. Electric team is on helping our franchisees meet and exceed their financial, professional and personal goals. As part of Neighborly, our expertise lies in providing the right tools, support and environment to turn those goals and dreams into a reality. We see it happen every day. Why shouldn’t it happen to you?
(Sean Dore, Mr. Electric franchisee, Baton Rouge, LA)
You Invest In Us. We Invest In You.
With franchising, you get the independence of starting your own business with the security of joining forces with a nationally recognized brand. The combination of your energy and ambition with the experience and expertise of a larger company is explosive in its potential for success.
What you can expect:
- Proprietary System: Our unique business model is designed for improving overall profitability and sustainability, including state of the art software to streamline operations.
- Comprehensive ongoing training and support: Our Sure Start training helps prepare you for many aspects of operations including how to manage your finances. A dedicated Franchise Consultant will coach you for your first year. Franchisees in their second year of operation and after will be assigned a Regional Service Manager to advise them when needed.
- Registered trademarks and a designated territory: We make sure you are protected.
- Marketing, marketing, and more marketing: Superior marketing strategies and support offered through a 4-Pillar Marketing System:
-
1. Web: Leading web presence, national and customizable website, bold online social media presence, SEO optimization, and reputation management)
2. Media: National and local media coverage and PR, consistent advertising
3. Engagement: An online software system to receive client feedback and ensure their satisfaction, a referral program to increase a word-of-mouth advertising, automated personalized in-home service reminders and marketing pieces, back marketing email drip campaigns
4. Continuous innovation: The Mr. Electric marketing team keeps ahead of trends and is always looking and learning new ways to keep the Mr. Electric brand the most recognized brand in the business. - Nationwide networking support: You’ll have over 170 fellow Mr. Electric franchisees to consult with, PLUS the opportunity to meet up at Regional and National Conferences. That’s a LOT of people to “talk shop” with.
- Vendor Discounts: Cut your expenses with ProTradeNet, a program offering preferred discounts through membership that includes annual rebates.
And There’s MORE…
- National partnerships with The Home Depot, Tesla Motors, and the Electrical Safety Foundation International
- Decades of industry experience
- A global network at your fingertips
- Electrician? Already have an electrical business? We can help you GROW it!
- Financing Available to Qualified Buyers
Awards
Mr. Electric Canada has received the following awards and acknowledgements:
Entrepreneur Franchise 500, Franchise Times Top 200, Entrepreneur’s Top Franchises for Veterans, Entrepreneur’s Top Global Franchises, Best for Vets Military Times
Availability
Mr. Electric Canada is currently accepting inquiries from the following states:
Canada
Interested parties should have at least $50,000 in liquid capital to invest.
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