Mr. Electric vs Bright Brothers
Franchise Comparison 2026
Both Mr. Electric and Bright Brothers are home services franchises. Mr. Electric requires an investment of $160K – $357K while Bright Brothers requires $170K – $344K. 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 Mr. Electric B (Above average) and Bright Brothers D (Below average).
| Metric | Mr. Electric | Bright Brothers |
|---|---|---|
| Verdict Grade | BAbove average | DBelow average |
| Investment Range | $160K – $357K | $170K – $344K |
| Franchise Fee | $43K | $50K |
| Royalty Rate | 6.0% | 6.5% |
| Average Revenue (Item 19) | $1.1M | N/AIncl. company outlets · n=2 |
| SBA Charge-Off Rate | 22.8% (136 loans) | N/A |
| Total Units | 236 | 3 |
| Unit Growth (YoY) | +25 units | +2 units |
| Year Began Franchising | 1994 | 2023 |
| FDD Year | 2026 | 2025 |
Investment Range
$160K – $357K
$170K – $344K
Franchise Fee
$43K
$50K
Royalty Rate
6.0%
6.5%
Average Revenue (Item 19)
$1.1M
N/AIncl. company outlets · n=2
SBA Charge-Off Rate
22.8% (136 loans)
N/A
Total Units
236
3
Unit Growth (YoY)
+25 units
+2 units
Year Began Franchising
1994
2023
FDD Year
2026
2025