About Mr. Electric SPV Franchise
Mr.
Electric SPV LLC is the special purpose vehicle entity for the Mr.
Electric franchise system, one of the most established electrical services brands in the Neighborly home services family.
Mr. Electric SPV Franchise Cost & Fees
Minimum Investment
$156K
Average Investment
$244K
Maximum Investment
$332K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $34,289 to $150,794 | One-time payment upon signing |
| Royalty Fee | 6% of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 3% of Gross Sales | National brand fund |
| Total Investment Range | $156,250 – $331,925 | Includes build-out, inventory, working capital |
The investment range of $156K–$332K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6%) and marketing fee (3% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| MADE Initial Franchise | $42,500 | $42,500 |
| rd parties Equipment, | $12,000 | $20,000 |
| rd parties or arranged us Advertising, | $30,000 | $60,000 |
| Training, Travel, | $8,000 | $16,000 |
| Deposits, Permits & | $1,000 | $2,500 |
| rd parties Additional Funds - | $50,000 | $100,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $15,000 |
| Renewal Fee | $5,000 |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Franchisor does not offer financing. |
Mr. Electric SPV Franchise Earnings — Item 19
Revenue Range
$80K – $6.2M
Past financial performance does not guarantee future results. Individual results will vary.
Mr. Electric SPV Litigation & Risk Flags
Clean Litigation RecordMr. Electric SPV has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Mr. Electric SPV System Growth
Total Units
189
Franchised
0
Company-Owned
189
Mr. Electric SPV currently operates 0 franchised locations and 189 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Mr. Electric SPV Franchise — FAQ
The total investment to open a Mr. Electric SPV franchise ranges from $156,250 to $331,925, per their Franchise Disclosure Document. This includes the initial franchise fee of $34,289 to $150,794. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Mr. Electric SPV charges a royalty fee of 6% of gross sales, plus a 3% of Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Mr. Electric SPV Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Mr. Electric SPV to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Mr. Electric SPV franchise owners report . Past performance does not guarantee future results.
Mr. Electric SPV has been franchising since 1998. The FDD shows an investment range of $156,250-$331,925, a 6% royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $34,289 to $150,794 and the total investment ranges from $156,250 to $331,925 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
Similar Food & Beverage Franchises
Interested in Mr. Electric SPV?
Get free info on this franchise. We will send you a detailed FDD report by email.
Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Mr. Electric SPV and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Mr. Electric SPV or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com