Quick Verdict · who it fits
Mr. Electric SPV LLC fits first-time franchise buyers looking for a mid-scale home services concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$160K - $357K
Franchise fee (Item 5)
$43K
Royalty (Item 6)
6% + 2% ad
Item 19 median rev
$1.02M
System size (Item 20)
236 +40
Years in business
6+ yrs
Item 3 litigation
2 suits
Buyer qualifications
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Where units actually land — not just the headline average.
P25
$131k
Median
$1.02M
P75
$1.21M
▪ n = 169 units · all franchised units open and reporting for full 52 weeks, grouped by territory population · January 1, 2025 through December 31, 2025 · Source: 2026 FDD Item 19
Drag to your projected annual sales. Royalty 6% + ad fund 2% on gross sales.
PROJECTED ANNUAL SALES$1,020,000
$100k$2M
Royalty (6%)
—
Ad fund (2%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
236
Total units open
40
Units opened last year
9
Units closed last year
25
Net unit growth
What our analysis flagged across the 2026 filing.
5
Risks to review
4
Strengths identified
5
Questions to ask
How Mr. Electric ranks against 254 Home Services peers we've analyzed.
Initial investment
74th pct · of 254 peers
Franchise fee
28th pct · of 254 peers
System size
86th pct · of 254 peers
Home Services industry averages
Avg investment
$145K - $1.3M
Avg franchise fee
$51K
Avg system size
119
Franchises analyzed
254
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Mr. Electric | Disclosed | $43K | $160K - $357K | 6% | 236 |
| Terrace UpSimilar price | Disclosed | $60K | $186K - $356K | 6% | 0 |
| Rocksolid Granit USABiggest system | None | $45K | $176K - $316K | 5% | 3,424 |
| CBDTop-rated in category | Disclosed | $20K | $154K - $511K | 7.25% | 84 |
Free explainers to go deeper before you sign.
Brand Analysis
Home Instead's most recent Item 19 reports a $2.26M median across 603 franchised territories — among the highest senior-care AUVs disclosed. The low investment ($91K-$270K) makes the AUV-to-investment ratio one of the strongest in any franchise category.
Brand Analysis
Home service franchises offer lower overhead than restaurants and strong recession resistance. Compare investment costs, royalties, and territory sizes across plumbing, cleaning, restoration, lawn care, HVAC, and handyman brands.
Brand Analysis
HomeVestors' 2026 FDD reports a $287K median across 898 franchised territories — but the unit-economics story is unique: the franchisee buys houses, renovates, and resells. Revenue is one metric; capital deployment and inventory cycle are the real ones.
Mr. Electric SPV LLC requires a $42,500 initial franchise fee and a total initial investment range of $159,500–$357,425, per the most recent FDD on file.
Yes. Mr. Electric SPV LLC discloses Item 19 financial performance representations with reported revenue around $1,022,586. See the financials sub-page for the full distribution.
Franchisees pay a royalty of 6% of Gross Sales and an advertising fund contribution of 2% of Gross Sales on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Mr. Electric SPV LLC has 236 total locations, with 40 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt