Mr. Electric vs abc Seamless
Franchise Comparison 2026
Both Mr. Electric and abc Seamless are home services franchises. Mr. Electric requires an investment of $160K – $357K while abc Seamless requires $188K – $332K. On SBA loan performance, Mr. Electric has a lower charge-off rate (9.6%) compared to abc Seamless (18.2%). FranchiseVerdict rates Mr. Electric A (Strongest tier) and abc Seamless B (Above average).
| Metric | Mr. Electric | abc Seamless |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | BAbove averageAbove average |
| Investment Range | $160K – $357K | $188K – $332K |
| Franchise Fee | $43K | $55K |
| Royalty Rate | 6.0% | Greater of 3% of Gross Receipts or a monthly minimum that escalates by year: $1,000/mo (yr 1), $2,000/mo (yr 2), $3,000/mo (yr 3), $4,000/mo (yr 4+). Default royalty rate is the greater of 7% of Gross Receipts or the applicable minimum. |
| Average Revenue (Item 19) | N/A | N/AIncl. company outlets |
| SBA Charge-Off Rate | 9.6% (136 loans) | 18.2% (25 loans) |
| Total Units | 236 | 72 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1994 | 1979 |
| FDD Year | 2026 | 2024 |
Investment Range
$160K – $357K
$188K – $332K
Franchise Fee
$43K
$55K
Royalty Rate
6.0%
Greater of 3% of Gross Receipts or a monthly minimum that escalates by year: $1,000/mo (yr 1), $2,000/mo (yr 2), $3,000/mo (yr 3), $4,000/mo (yr 4+). Default royalty rate is the greater of 7% of Gross Receipts or the applicable minimum.
Average Revenue (Item 19)
N/A
N/AIncl. company outlets
SBA Charge-Off Rate
9.6% (136 loans)
18.2% (25 loans)
Total Units
236
72
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1994
1979
FDD Year
2026
2024