Bright Brothers vs Mr. Electric
Franchise Comparison 2026
Both Bright Brothers and Mr. Electric are home services franchises. Bright Brothers requires an investment of $170K – $344K while Mr. Electric requires $160K – $357K. Mr. Electric discloses average revenue of $1.1M; no Item 19 revenue figure is on file for Bright Brothers. Mr. Electric has SBA lending data on file with a 22.8% charge-off rate. FranchiseVerdict rates Bright Brothers D (Below average) and Mr. Electric B (Above average).
| Metric | Bright Brothers | Mr. Electric |
|---|---|---|
| Verdict Grade | DBelow average | BAbove average |
| Investment Range | $170K – $344K | $160K – $357K |
| Franchise Fee | $50K | $43K |
| Royalty Rate | 6.5% | 6.0% |
| Average Revenue (Item 19) | N/AIncl. company outlets · n=2 | $1.1M |
| SBA Charge-Off Rate | N/A | 22.8% (136 loans) |
| Total Units | 3 | 236 |
| Unit Growth (YoY) | +2 units | +25 units |
| Year Began Franchising | 2023 | 1994 |
| FDD Year | 2025 | 2026 |
Investment Range
$170K – $344K
$160K – $357K
Franchise Fee
$50K
$43K
Royalty Rate
6.5%
6.0%
Average Revenue (Item 19)
N/AIncl. company outlets · n=2
$1.1M
SBA Charge-Off Rate
N/A
22.8% (136 loans)
Total Units
3
236
Unit Growth (YoY)
+2 units
+25 units
Year Began Franchising
2023
1994
FDD Year
2025
2026