Is a MR. ELECTRIC Franchise Worth It?
A data-driven verdict based on FDD analysis and real SBA loan outcomes.
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Verdict: High Risk
- High SBA default rate (15.0%)
The Numbers
Franchise Fee:
$43K
Total Investment:
$152K – $315K
Royalty Rate:
6.0%
Median Revenue (Item 19):
$343K
1-Year Unit Growth:
12.2%
SBA Default Rate:
15.0%
What Franchisees Are Saying
Reddit
See what franchisees are saying about MR. ELECTRIC on Reddit
Potential Red Flags
- High SBA default rate (15.0%)
Always perform your own due diligence and consult with a qualified franchise attorney.
Bottom Line
Based on the data, MR. ELECTRIC presents a High Risk opportunity for a franchise buyer. We recommend a full FDD analysis for a deeper dive.
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