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The real numbers on owning a Mr. Electric franchise
Electrical Services Franchise · FDD 2026 · from public state filings
DDisclosure honesty
This franchisor discloses earnings (Item 19) — but read how.
Investment
$159,500–$357,425
Total fees
8% of sales
Outlets
236
Closure signals
9 ceased, 5 terminated
Lawsuits
2
What their own earnings claim actually says
Discloses gross sales only (no expenses or net income) for 169 of 236 units, segmented by territory population size. Excludes 15 closed units and 17 non-reporters. No profitability data provided; significant survivorship bias.
Honesty grade D: the disclosed numbers are incomplete or framed to look better than an owner's real take-home.
Failure & turnover reality (Item 20)
2025: 5 terminations, 9 ceased operations, 15 closed units excluded from Item 19 data.
Legal history (Item 3)
2 matters disclosed.
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The franchisor won't put real owner profit in writing. We do — reconstructed from their own FDD.
Franchisor's framing: Discloses gross sales only (no expenses or net income) for 169 of 236 units, segmented by terri…
🔒 Real estimated owner take-home (low / median / high) — unlocked in the report
Reconstructed owner P&L — net take-home after royalty, ad fund, rent, labor & debt
Break-even timeline + cash-on-cash ROI on your investment
Full fee stack + required-purchase markups
Decoded real failure / closure rate
How it ranks vs comparable franchises
Validation-call playbook — who to call + the exact questions
The FDD lists a total initial investment of about $159,500–$357,425, including a $42,500 initial franchise fee.
How much do Mr. Electric franchise owners make?
Discloses gross sales only (no expenses or net income) for 169 of 236 units, segmented by territory population size. Excludes 15 closed units and 17 non-reporters. No profitability data provided; significant survivorship bias. We grade this disclosure D for honesty.
What is the Mr. Electric franchise failure rate?
2025: 5 terminations, 9 ceased operations, 15 closed units excluded from Item 19 data.
Is a Mr. Electric franchise worth it?
It depends on the numbers, not the pitch. Mr. Electric scores D on disclosure honesty, carries about 8% of sales in ongoing fees, and discloses 2 legal matters. Get the real owner take-home before you sign.
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Source: MN CARDS 36178-202604-02 (Clean FDD 2026). FranchiseValidate is independent and not affiliated with Mr. Electric or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.