No. 76 of the UK's Top 100 in 2022
Mr. Electric franchisees provide essential and comprehensive electrical services to the domestic and commercial markets. Mr. Electric is also a government-approved installer of charging points for electric vehicles, which is an innovative opportunity for franchisees. On top of that, a number of National Accounts agreements are secured by the head office. Even though some franchisees are seasoned electricians, experience in the field isn’t a prerequisite as this is a management franchise, which means running the business while employees carry out electrical repairs.
| Year established | 1994 |
| Year franchise established in the UK | 1994 |
| Number of units in the UK | 4 |
| Number of units worldwide (excluding UK) | 212 |
| Number of countries where company operates | 4 |
Financials
| Franchise fee | £24,970 |
| Minimum investment | £15,000 |
| Total investment | £50,000 |
| Royalty fee / Management fee | 9.5% |
| Advertising fee | n/a |
| Contract period | 10 years |
| Financing | Yes |
Training and support
Initial training focuses on franchise operations (on-site) and sales and customer services (off-site). The franchisee also receives a start-up franchise package with local marketing, operational support, personnel policies and procedures, branded and printed materials. Every new franchisee is appointed a dedicated franchise consultant who will help develop the business.Comprehensive marketing support is on hand to design bespoke campaigns together with the franchisee, both for launch and during the contract term. Ongoing support is available from head office as well as from the franchise network.