Question 1

What is the Mr. Electric franchise royalty rate?

Accepted Answer

The Mr. Electric franchise charges a royalty rate of 6.0% of gross sales, according to the latest Franchise Disclosure Document (FDD).

Question 2

What are the total ongoing fees for a Mr. Electric franchise?

Accepted Answer

The total ongoing fee rate for a Mr. Electric franchise is approximately 8.0% of gross sales, including royalty, marketing, technology, and other recurring fees.

Question 3

What is the Mr. Electric franchise advertising fee?

Accepted Answer

Mr. Electric requires a national advertising/marketing fund contribution of 2.0% of gross sales.