Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates
2026 FDD VERIFIEDElectrical Services
Mister Sparky

Mister Sparky

Franchising since 1996 · 215 locations

The total investment to open a Mister Sparky franchise ranges from $84,570 - $276,702. The initial franchise fee is $33,000. Ongoing royalties are 6% plus a 1.5% advertising fee. Mister Sparky currently operates 215 locations (209 franchised). PeerSense FPI health score: 82/100. Data sourced from the 2026 Franchise Disclosure Document.

Investment

$84,570 - $276,702

Franchise Fee

$33,000

Total Units

215

209 franchised

FPI Score
High
82

Proprietary PeerSense metric

Excellent
Capital Partners
14lenders available

Active capital sources verified for Mister Sparky financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Established (25-99 loans)

High Confidence
82out of 100
Excellent

SBA Lending Performance

SBA Default Rate

0.0%

0 of 26 loans charged off

SBA Loans

26

Total Volume

$6.3M

Active Lenders

14

States

17

What is the Mister Sparky franchise?

For franchise investors seeking a high-revenue, essential home services business backed by one of the largest franchise platforms in America, Mister Sparky offers a premier opportunity in the residential and commercial electrical services industry. Founded in 1996 and franchising since 2006, Mister Sparky has grown to more than 215 locations across the United States as part of the Authority Brands family, one of the nation's leading home services franchise organizations. The brand's signature promise of on-time service, backed by punctuality guarantees that have become its calling card, has built a reputation for reliability and professionalism that distinguishes Mister Sparky from the fragmented landscape of independent electricians and small contractors that dominate most local markets. With average gross revenue per franchise of $3,751,929 as disclosed in the 2025 Franchise Disclosure Document, Mister Sparky represents one of the highest-revenue franchise opportunities in the home services sector.

The electrical services industry sits at the foundation of modern residential and commercial life, and demand for professional electrical work has never been stronger. The aging of the American housing stock creates a continuous stream of repair and upgrade needs, from outdated wiring and panel replacements to code compliance work required during home sales and renovations. The electrification trend, driven by the adoption of electric vehicles requiring home charging station installation, smart home technology integration, solar panel systems, and energy-efficient lighting upgrades, has created entirely new revenue categories that did not exist a decade ago. Yet the electrical trades face a well-documented shortage of qualified electricians, creating a supply-demand imbalance that supports premium pricing for professional services. Homeowners seeking electrical work confront a fragmented market of independent contractors with inconsistent availability, variable quality, and limited accountability, making a branded, guaranteed service experience enormously appealing to customers willing to pay for peace of mind.

Mister Sparky addresses these market dynamics with a comprehensive residential and commercial electrical service model delivered through a branded, professionally managed franchise operation. Services span the full spectrum of electrical needs including repairs, installations, panel upgrades, whole-home rewiring, EV charger installation, generator installation, lighting design and installation, ceiling fan installation, surge protection, and smart home electrical integration. The brand's on-time guarantee, which provides the customer a credit for every minute the electrician arrives late, establishes immediate trust and differentiation in a trade where reliability has traditionally been a customer pain point. Proprietary scheduling, dispatch, and CRM systems enable franchisees to manage multiple service trucks and electrician teams efficiently, while the Authority Brands platform provides access to shared corporate resources in marketing, technology, human resources, and strategic planning.

The investment required to open a Mister Sparky franchise is structured to accommodate both new market entrants and existing electrical business owners seeking to convert to a national brand. For conversions of existing electrical businesses, total investment ranges from approximately $84,570 to $204,824. For new builds starting from scratch, total investment ranges from $133,273 to $276,702, based on the April 2025 Franchise Disclosure Document. The franchise fee is $33,000 plus $0.165 per person above 200,000 in the franchise territory. Mister Sparky provides financing for qualified candidates on the franchise fee itself. Franchisees pay an ongoing royalty of 6 percent of gross revenue or $1,500 per month, whichever is higher, plus a tiered Brand Fund fee starting at 1.5 percent. Financial qualifications include minimum liquid capital of $75,000 and a net worth of $150,000. Veterans receive an exceptional 30 percent discount on the total franchise and territory fee through the IFA VetFran program, and through the DiversityFran program, qualifying minority-owned and women-owned businesses receive a reduced franchise fee of just $5,000.

Financial performance data for Mister Sparky reveals the remarkable revenue potential that distinguishes this franchise from most home services concepts. The 2025 Franchise Disclosure Document reports average gross revenue of $3,751,929 per franchise, a figure that reflects the essential nature of electrical services, the premium pricing power of a branded and guaranteed service model, and the multiple revenue streams available through the comprehensive service menu. This average revenue substantially exceeds typical home services franchise performance and positions Mister Sparky among the highest-grossing franchise opportunities in the trades services sector. The Authority Brands platform amplifies revenue potential through cross-brand referral programs with sister brands One Hour Heating and Air Conditioning and Benjamin Franklin Plumbing, creating a unified home services offering that increases customer lifetime value and referral rates. SBA lending data tracked through PeerSense shows strong franchise lending activity for Mister Sparky, with approval patterns reflecting institutional confidence in the brand's business model, revenue performance, and the stability of essential electrical services demand.

The growth trajectory of Mister Sparky is accelerated by its position within the Authority Brands portfolio, which added 210 franchise owners across more than 322 new territories systemwide in 2024 alone. The brand's ranking at No. 283 on Entrepreneur's 2025 Franchise 500 and its continuous inclusion on the Franchise Times Top 200+ list since 2018 reflect sustained industry recognition. The Authority Brands platform enables Mister Sparky franchisees to expand their businesses by adding One Hour Heating and Air Conditioning and Benjamin Franklin Plumbing territories, creating multi-brand home services operations that share marketing costs, customer relationships, and operational infrastructure. With 57 franchisees operating across 163 territories, significant expansion opportunity exists for both new franchise investors and existing home services operators seeking to add a premium electrical brand to their portfolio.

The ideal Mister Sparky franchisee brings business management and leadership skills with a commitment to delivering exceptional customer service. While a background in electrical contracting is valuable, the franchise model is designed for business operators who manage and grow their organizations while skilled electricians deliver the technical services. The company values franchise partners who can recruit, train, and retain quality technicians, build marketing and sales programs, and create the kind of customer-focused culture that drives the reviews, referrals, and repeat business that sustain long-term growth. Given the high-revenue nature of the business, Mister Sparky attracts experienced entrepreneurs and multi-brand operators who are building home services portfolios within the Authority Brands ecosystem.

PeerSense provides comprehensive franchise intelligence for Mister Sparky and thousands of other franchise brands, empowering prospective investors with the data-driven insights essential for making informed investment decisions. Through detailed analysis of SBA lending patterns, financial performance metrics, unit growth trends, and competitive positioning within the electrical and home services franchise sector, PeerSense helps investors evaluate franchise opportunities with the analytical rigor that institutional lenders apply to loan approvals. Whether you are comparing Mister Sparky against other trades services franchise concepts, analyzing the Authority Brands platform advantage, or assessing the brand's lending profile relative to industry benchmarks, PeerSense delivers the transparent, actionable intelligence that separates confident franchise investors from those navigating the process without adequate data. Explore the full Mister Sparky franchise profile, review lending trends, and connect with financing resources designed to help qualified candidates move from research to ownership with clarity and confidence.

FPI Score

82/100

SBA Default Rate

0.0%

Active Lenders

14

Key Highlights

Low SBA default rate (0.0%)
Item 19 financial data disclosed
Growing lender activity
215 locations nationwide

Data Insights

Key performance metrics for Mister Sparky based on SBA lending data

SBA Default Rate

0.0%

0 of 26 loans charged off

SBA Loan Volume

26 loans

Across 14 lenders

Lender Diversity

14 lenders

Avg 1.9 loans per lender

Investment Tier

Mid-range investment

$84,570 – $276,702 total

Payment Estimator

Loan Amount$68K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$875

Principal & Interest only

Locations

Mister Sparkyunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Mister Sparky