MISTER SPARKY

MISTER SPARKY

Mister Sparky franchises provide residential and light commercial electrical services, including maintenance, repair, and equipment replacement, operating under a proprietary system with specific branding, customer service standards, and operational guidelines. The business model involves franchising to qualified individuals or entities who invest in starting new outlets or converting existing electrical businesses. They target homeowners and light commercial customers, such as single-tenant buildings under 10,000 sq. ft., in a competitive market with national chains, local providers, and home improvement retailers.

209
Locations
$85K–$205K
Investment
Since 2006
Franchising
ServicesColumbia, MDAuthority Brands, Inc. (indirect parent; ultimate majority owner: Funds advised by Apax Partners, LLP)www.mistersparky.com/franchiseDisclaimer

Franchise Costs


Franchise Fee
$33,000
Item 5 of FDD
Initial Investment Range
$84,570 $204,824
Low: $84,570High: $204,824
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
1.50%
Item 6 of FDD
Fixed Monthly Fees
$100 – $300
Item 6 of FDD

6% royalty (min $1,500/mo) + tiered brand fund starting at 1.5% + $100/mo technology fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

Data Based On: 50 franchisees (representing 146 Territories) that were in operation for the entire 2024 fiscal year.

* Average gross revenue, median gross revenue, revenue top quartile, and revenue bottom quartile are extracted directly from Table 2 'Gross Revenue of Franchisees, by Quartile' for the fiscal year ended December 31, 2024. Table 2 explicitly states that its averages and medians are 'per franchisee'. No net income, net profit, EBITDA, or expense data was provided in the Item 19 section to estimate profit ranges.

Extracted Item 19 Section

How MISTER SPARKY Compares


Key Insights

  • Lower investment than 76% of Home Services franchises
  • Higher than average SBA loan default rate in Home Services
FranchiseInvestmentFeeRoyaltyLocations
MISTER SPARKY
Current
$85K – $205K$33K6.0%209
MERRY MAIDS$127K – $166K$55K7.0%933
HOLIDAY LIGHTING HEROES$150K – $177K$127K10.0%653
SIGN GYPSIES$4K – $5K$1KN/A587
MOSQUITO AUTHORITY$54K – $128K$45K10.0%546
Culligan$130K – $814K$40K2.0%460
Home Services Average
130 franchises
$144K – $289K$53K7.0%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 130 Home Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1FL
39
2TX
31
3MN
11
4CA
10
5GA
10
6UT
9
7OH
9
8SC
9
9NC
6
10VA
6
11KY
6
12AL
5
13OK
5
14PA
5
15CO
4

+22 more states

SBA Loan History


Historical SBA 7(a) loan data for MISTER SPARKY franchisees (20142025)

Total Loans
23
Average Loan
$240,457
Total Volume
$5.5M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


72 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

72 Contacts Available

Unlock all MISTER SPARKY franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases4

Primarily franchisor actions against former franchisees for breach of contract, non-compete enforcement, unpaid fees and collections, trademark infringement, and unfair competition; one multi-franchisee action against franchisor alleging unfair competition, invalid non-competes, and improper customer data sharing.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
3
Non-Renewals
0
Reacquired
0
Ceased Ops
2
Transfers
5
Sold to Franchisees
0
Projected New
42

Frequently Asked Questions


The total initial investment to open a MISTER SPARKY franchise ranges from $84,570 to $204,824. This includes a franchise fee of $33,000. Ongoing royalty fees are 6.0% of gross sales.

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