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Brand
Mr. Electric logoDBelow Average
Mr. Electric
Home Services
Remove
Vitals
Investment range
$152K – $315K
Liquid capital
$50K – $100K
Franchise fee
$43K
Royalty rate
6.0%
Ad fund rate
2.0%
Performance
Avg gross sales
$6.6M
Median gross sales
N/A
Avg owner earnings
Metric varies by brand. Check type below
N/A
Earnings metric
Not classified
Risk
Rating
DBelow Average
Risk score
77 / 100
SBA charge-off rate
9.6%
SBA loans on record
136
Scale
Total units
189
Net change (latest yr)
N/A
Turnover rate
N/A
Contract
Initial term (years)
10
Renewal term (years)
10
Initial training (hrs)
50
Contacts
Franchisee phones
214

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