Founded by Jon Sabo in 1996 as "Roof Roof," Mister Sparky® Electric underwent a significant transformation following its acquisition by Horse Power Brands in August 2020. This pivotal moment marked the company's entry into the franchising world, ushering in a new chapter of growth and expansion.
Based in Omaha, Nebraska, Mister Sparky has established itself as a leading provider in the electrical services industry, offering a comprehensive suite of services such as roof repair, replacement, gutters, siding, windows, skylights, and storm damage repair.
What sets Mister Sparky apart is its use of cutting-edge drone technology and an unwavering commitment to delivering top-notch service, customized to the specific needs of each customer.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Mister Sparky offers 2 types of franchises:
We are summarizing below the main costs associated with opening a Start-Up Mister Sparky franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Below are some of
Mister Sparky
key competitors in the
Other Home Services
sector.
$74,000
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$50K - $100K
$101,000
$xxx,xxx
n.a.
$0
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n.a.
n.a.
n.a.
$128,000
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$100K - $200K
$196,000
$xxx,xxx
n.a.
$373,000
66.0%
n.a.
36.0%
n.a.
$72,000
-
$50K - $100K
$106,000
$xxx,xxx
n.a.
$555,000
53.9%
n.a.
n.a.
n.a.
$189,000
-
$100K - $200K
$238,000
$xxx,xxx
n.a.
$663,000
72.2%
n.a.
18.2%
n.a.
$266,000
-
$200K - $500K
$410,000
$xxx,xxx
n.a.
$1,139,000
92.0%
n.a.
n.a.
n.a.
$18,000
-
Under $25K
$84,000
$xxx,xxx
n.a.
$0
n.a.
n.a.
n.a.
n.a.
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A comprehensive and transparent look at franchising finances. The inclusion of profit margins and disclosure documents offers insights you can’t find elsewhere. Essential for anyone considering a franchise investment.
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Initial Training
Franchisees and selected employees are required to participate in a pre-opening training program, organized by the franchisor at designated times and locations. The duration and content of this training can vary depending on the trainee’s previous experience.
Completion of this program may involve passing tests to demonstrate proficiency in areas specified by the franchisor. The franchisor reserves the right to terminate the franchise agreement if any participant is deemed not to possess the necessary skills during this pre-opening training.
Additional Training
Post-opening, the franchisor will offer both required and optional training programs as needed. These sessions will be held at times and locations determined by the franchisor, and successful completion is mandatory for those identified as necessary.
Training Methods
Training may be conducted in various formats, including in-person sessions, video instruction, online courses, or other methods as decided by the franchisor. These sessions may be led by the franchisor, its affiliates, or third-party providers.
The franchisor provides a form of territory protection, which is non-exclusive. As long as the franchise agreement remains in effect and the franchisee is not in default beyond any cure period, the franchisor agrees not to operate or authorize others to operate businesses under the same trademarks and system within the franchisee’s designated territory.
However, this protection does not extend to prohibiting the franchisor from advertising or recruiting employees or independent contractors within the franchisee’s territory.
Franchisees should understand that they may still encounter competition from other franchisees, franchisor-owned outlets, or other distribution channels or competing brands managed by the franchisor. The territory is generally determined based on population blocks of around 200,000 individuals, defined by postal zip codes, and subject to the franchisor’s approval.
139
164
209
7
6
6
146
170
215
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