Business Description

Established in 1994, Mr. Electric is a global franchise organization providing electrical installation and repair services. Recognized by Entrepreneur magazine among its "Franchise 500," Mr. Electric franchisees provide these services to both residential and commercial customers at 160 locations worldwide. Mr. Electric is part of The Dwyer Group family of companies, which also includes Rainbow International, Mr. Rooter, Aire Serv, Mr. Appliance, and Glass Doctor.

Franchisor Background

Year Established:  1994

Franchising Since:  1994

Operating Units:
Franchised Units:	215	100%
Company-Owned Units:	0	0%
Total Operating Units:	215	100.0%
Geographic Distribution: U.S.: 150 69.8% In 42 States Canada: 5 2.3% In 2 Canadian Provinces International: 60 27.9% In 0 Foreign Countries   Total: 215 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Florida	12
2. Texas	12
3. Ohio	7

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$Varies
Cash Investment:	$30.2-68K
Total Investment:	$69-162K
Average Total Investment:	$109K
Fees:
Initial Franchise Fee:	$22K/100KPop
Average Franchise Fee:	$43K
On-Going Royalty:	4-7%
Average Royalty:	6%
Advertising Fee:	2%

Average Number of Employees: 4 Full-time, 1 Part-time

Space Needs (in square footage): 500-1,000

Preferred Sites: Free-standing Building, Home-based

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	4
Specific Industry Experience:	2
Formal Education:	2
Psychological Profile:	3
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	Yes
Franchisee Association/Member:	No
Size of Corporate Staff:	14
Site Selection Assistance?	Not Applicable
Lease Negotiation Assistance?	Not Applicable
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. On-Site in Business	3 Business Days
2. Corporate Offices	5 Business Days
Expansion Plans
Projected New Units Over Next 12 months: 36 U.S.: Yes, All United States Canada: Yes Overseas: Yes, Most Latin American and Asian Countries	Request Franchisor Info   Submit an online form to receive information from Mr. Electric Corp..