Precision Garage Door Service vs Mr. Electric
Franchise Comparison 2026
Both Precision Garage Door Service and Mr. Electric are home services franchises. Precision Garage Door Service requires an investment of $164K – $360K while Mr. Electric requires $160K – $357K. Mr. Electric has SBA lending data on file with a 9.6% charge-off rate. FranchiseVerdict rates Precision Garage Door Service A (Strongest tier) and Mr. Electric A (Strongest tier).
| Metric | Precision Garage Door Service | Mr. Electric |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | AStrongest tierStrongest tier |
| Investment Range | $164K – $360K | $160K – $357K |
| Franchise Fee | $75K | $43K |
| Royalty Rate | 6.0% | 6.0% |
| Average Revenue (Item 19) | N/AOutlet subset | N/A |
| SBA Charge-Off Rate | N/A | 9.6% (136 loans) |
| Total Units | 147 | 236 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1999 | 1994 |
| FDD Year | 2026 | 2026 |
Investment Range
$164K – $360K
$160K – $357K
Franchise Fee
$75K
$43K
Royalty Rate
6.0%
6.0%
Average Revenue (Item 19)
N/AOutlet subset
N/A
SBA Charge-Off Rate
N/A
9.6% (136 loans)
Total Units
147
236
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1999
1994
FDD Year
2026
2026