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Mr. Electric

Franchise Information

Source: File #59890
FDD Issued: Apr 1, 2023
Extracted: Feb 21, 2026
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
$20,000 - $96,816
Royalty
4.0%
Ad Fund: 2.00%
Total Investment
$140K - $289K
Outlet Information
Total Outlets
180
Franchised
180
Opened (Last Year)
+17
Closed (Last Year)
-7
Churn Breakdown (Last Year)
Terminations
4
Non-Renewals
1
Ceased Ops
2
Transfers
4
Reacquired
0
Item 19 (Financial Performance)
Disclosed
Data covers 156 franchised businesses reporting for full 52 weeks from January 1...
Financial Performance (Item 19)
Avg Unit Volume
$1,081,879
Median
$1,052,102
Top 25% Avg
$2,727,841
Bottom 25% Avg
$132,687
Highest
$12,884,246
% Achieving Avg
36.0%
Sample Size
156 units
Number File name Actions
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