Mr Electric
Summary of Operation:
Commercial and residential electrical installation, maintenance and repair work.
Ideal Franchise Owner:
Either a non-technical person looking for a business opportunity through professional management or an electrician looking to go into business or to enhance profitability of a current business.
Training Provided:
Initial one week but on-going.
Training Location:
UK Head Office - Bromsgrove.
Support Services:
On-going.
Year Established: 1997
Year of First Franchise: 1998
Number of Company Outlets: 0
Number of Franchised Outlets: 64
Franchises Planned: 96
Areas of Priority Development: Overseas Opportunities Exist: Australia, USA, Portugal & Ireland.
Overseas Opportunities Planned: No
Total Cost of Franchise: £22,500 + VAT plus working capital
Initial Investment: £22500
Management Service Fees Payable: 12.5% - 6.5%
Breakdown of Package: Licence, training, business systems, integrated I.T. software, customer database, manuals, national marketing and national accounts.
Financial Assistance Available: Major banks
BFA Member: Provisional
IFA Member: Yes
| Projected Turnover | Projected Profit |
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Year 1 | On Application | On Application |
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Year 2 | On Application | On Application |
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Year 3 | On Application | On Application |
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