• Franchise Fee:$22,000
• Total Investment Range:
$100,000 to $150,000
• Required Cash liquidity:
$50,000 to $75,000
Financing Assistance:
•Yes
Training and Support:
•Yes
Franchise Description
Many electricians are most comfortable in dealing with the technical end of the
business and not so comfortable when immersed in the business side of things. That's
why subjects like finance, budgeting, salesmanship, marketing, customer retention,
break-even analysis and a number of other everyday business functions are likely
to be brushed aside. It's simply a matter of focusing on what one likes to do vs.
what one must do to keep a business running smoothly and efficiently.
The Mr. Electric System
Using the proven business tools Mr. Electric provides, you can now be comfortable
running your business, too. When you invest in a Mr. Electric franchise, you'll
be tapping into a wealth of resources. One resource is a series of integrated systems
that are detailed, proven, step-by-step business practices covering virtually every
aspect of business management: operations, sales, marketing, advertising, human
resources, finance, and more.
Franchise Training and Support
The Power of Synergy
As a Mr. Electric franchise, you'll realize significant advantages over other independent
electricians...because you can count on training and support from an experienced
team of industry professionals. It starts with attendance at Mr. Electric's initial
franchise training and extends throughout your franchise relationship with Mr. Electric.
Comprehensive Initial Training
Upon becoming a Mr. Electric franchise, you will attend a proprietary training course
where Mr. Electric's knowledgeable team assists you in putting financial, marketing,
management, and specialized customer service strategies to work for you.
Mr. Electric will provide the management tools to help you better manage your business,
improve your quality of life, and help you reach your personal and professional
goals.
Ongoing Corporate Support
As you are implementing Mr. Electric's proven systems, our team continues to support
you every step of the way. You will have ongoing support from Mr. Electric's world
headquarters staff who have years of experience in today's competitive marketplace.
Your assigned Regional Director is always only a phone call away, and is in frequent
contact with you to assist you in the growth and progress of your business.
Further, Mr. Electric frequently offers on-location site visits and has regional
and national meetings to encourage and propel your understanding and use of the
Mr. Electric system.
Periodically throughout the year, Mr. Electric conducts on-site visits and training
meetings in regional locations and at its annual, national convention. You'll have
opportunities to interact face-to-face with other Mr. Electric franchisees, to share
experiences, and to learn from the most successful Mr. Electrics.
Investment Requirements
Franchise Fee:
$22,000
Required Cash liquidity:
$50,000 to $75,000
Total Investment Range:
$100,000 to $150,000
