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Mr. Electric

Franchise Information

Analyzed filing: MN · File #118592506
Filed: Jun 1, 2026
FDD Issued: Apr 1, 2026
Extracted: Aug 25, 2026
Verified family consensus investment low tie:family=mn:36178-202604|values=155250,159500|current=155250 family consensus investment high tie:family=mn:36178-202604|values=357425,374000|current=374000
Franchisor Details
Name: Mr. Electric SPV LLC
Parent: Neighborly Assetco LLC
Address: 1010 North University Parks Drive, Waco, Texas 76707
Phone: 254-745-2466
Franchising Since: 1994
Industry & Qualifications
Industry
Home Services
Veteran Discount
20.0%
Multi-Unit Discount
20.0%
Franchise Fee
$42,500
Royalty
6.0%
Ad Fund: 2.0%
Total Investment
$155K - $374K
Initial Term
10 years
Renewable
Outlet Information
Total Outlets (2025)
236
Franchised
236
Opened (Last Year)
+40
Closed (Last Year)
-14
Churn Breakdown (Last Year)
Terminations
5
Non-Renewals
0
Ceased Ops
9
Transfers
14
Reacquired
0
Item 19 (Financial Performance)
Disclosed
AUV/median/quartile/high/low figures taken from the primary (largest) territory...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2025)
$514,894
Median
$352,821
Top 25% Avg
$1,166,470
Bottom 25% Avg
$131,492
Highest
$2,195,756
Lowest
$35,793
% Achieving Avg
36.0%
Sample Size
169 units
Number File name Source State Filing Date Actions
118592506 MN_36178-202604-02_mr.-electric-spv-llc.pdf
Canonical 2026 analysis · verified · newest filing
MN Jun 1, 2026 Restricted
82579115 MN_36178-202604-01_mr.-electric-spv-llc.pdf
Alternate source copy
MN Jun 1, 2026 Restricted
916442131 MN_34904-202510-04_mr.-electric-spv-llc.pdf
Canonical 2025 analysis
MN Oct 15, 2025 Restricted
803408281 MN_34904-202510-03_mr.-electric-spv-llc.pdf
Alternate source copy
MN Oct 15, 2025 Restricted
1816672107 MN_34513-202507-02_mr.-electric-spv-llc.pdf
Alternate source copy
MN Jul 24, 2025 Restricted
1440454618 MN_33705-202504-04_mr.-electric-spv-llc.pdf
Alternate source copy
MN May 9, 2025 Restricted
219920 509646_Franchise__Mr__Electric_EFDID__509646_Virginia_219920.pdf
Alternate source copy
VA Apr 1, 2025
FDD issue date
 Restricted
263431 509646_Franchise__Mr__Electric_EFDID__509646_Virginia_263431.pdf
Alternate source copy
VA Apr 1, 2025
FDD issue date
 Restricted
249449 509646_Franchise__Mr__Electric_EFDID__509646_Virginia_249449.pdf
Alternate source copy
VA Apr 1, 2025
FDD issue date
 Restricted
214480 509646_Franchise__Mr__Electric_EFDID__509646_North Dakota_214480.pdf
Alternate source copy
ND Apr 1, 2025
FDD issue date
 Restricted
261553 509646_Franchise__Mr__Electric_EFDID__509646_North Dakota_261553.pdf
Alternate source copy
ND Apr 1, 2025
FDD issue date
 Restricted
245559 509646_Franchise__Mr__Electric_EFDID__509646_North Dakota_245559.pdf
Alternate source copy
ND Apr 1, 2025
FDD issue date
 Restricted
216786 425213_Franchise__Mr__Electric_EFDID__425213_South Dakota_216786.pdf
Alternate source copy
SD Apr 1, 2025
FDD issue date
 Restricted
638298 638298_mr--electric-spv-llc.pdf
Alternate source copy
WI Apr 1, 2025
FDD issue date
 Restricted
2109293385 MN_32027-202407-02_mr.-electric-spv-llc.pdf
Canonical 2024 analysis
MN Jul 29, 2024 Restricted
1953486310 MN_32027-202407-03_mr.-electric-spv-llc.pdf
Alternate source copy
MN Jul 29, 2024 Restricted
1471513539 MN_31352-202404-02_mr.-electric-spv-llc.pdf
Alternate source copy
MN May 23, 2024 Restricted
782615044 MN_31352-202404-01_mr.-electric-spv-llc.pdf
Alternate source copy
MN May 23, 2024 Restricted
140261 509646_Franchise__Mr__Electric_EFDID__509646_Virginia_140261.pdf
Alternate source copy
VA Apr 1, 2024
FDD issue date
 Restricted
149253 509646_Franchise__Mr__Electric_EFDID__509646_Maryland_149253.pdf
Alternate source copy
MD Apr 1, 2024
FDD issue date
 Restricted
165082 509646_Franchise__Mr__Electric_EFDID__509646_Virginia_165082.pdf
Alternate source copy
VA Apr 1, 2024
FDD issue date
 Restricted
138351 509646_Franchise__Mr__Electric_EFDID__509646_North Dakota_138351.pdf
Alternate source copy
ND Apr 1, 2024
FDD issue date
 Restricted
163679 509646_Franchise__Mr__Electric_EFDID__509646_North Dakota_163679.pdf
Alternate source copy
ND Apr 1, 2024
FDD issue date
 Restricted
139968 425213_Franchise__Mr__Electric_EFDID__425213_South Dakota_139968.pdf
Alternate source copy
SD Apr 1, 2024
FDD issue date
 Restricted
62699 509646_Franchise__Mr__Electric_EFDID__509646_Virginia_62699.pdf
Alternate source copy
VA Apr 1, 2023
FDD issue date
 Restricted
59890 509646_Franchise__Mr__Electric_EFDID__509646_North Dakota_59890.pdf
Canonical 2023 analysis
ND Apr 1, 2023
FDD issue date
 Restricted
64275 425213_Franchise__Mr__Electric_EFDID__425213_South Dakota_64275.pdf
Alternate source copy
SD Apr 1, 2023
FDD issue date
 Restricted
20996 509646_Franchise__Mr__Electric_EFDID__509646_Virginia_20996.pdf
Alternate source copy
VA Apr 1, 2022
FDD issue date
 Restricted
15239 509646_Franchise__Mr__Electric_EFDID__509646_North Dakota_15239.pdf
Canonical 2022 analysis
ND Apr 1, 2022
FDD issue date
 Restricted
23469 425213_Franchise__Mr__Electric_EFDID__425213_South Dakota_23469.pdf
Alternate source copy
SD Apr 1, 2022
FDD issue date
 Restricted
11990 509646_Franchise__Mr__Electric_EFDID__509646_Virginia_11990.pdf
Canonical 2021 analysis · needs review
VA Mar 31, 2021
FDD issue date
 Restricted
11119 509646_Franchise__Mr__Electric_EFDID__509646_Maryland_11119.pdf
Alternate source copy
MD Mar 31, 2021
FDD issue date
 Restricted
11050 509646_Franchise__Mr__Electric_EFDID__509646_North Dakota_11050.pdf
Alternate source copy
ND Mar 31, 2021
FDD issue date
 Restricted
Showing 1–33 of 33 files.
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