Mister Sparky Franchise FDD, Profits & Costs (2025)
Originally founded as “Roof Roof” by Jon Sabo in 2012, Mister Sparky® Electric underwent a major transformation when Horse Power Brands acquired it in August 2020. This acquisition marked a turning point, propelling the company into franchising and setting the stage for rapid expansion.
Now headquartered in Omaha, Nebraska, Mister Sparky has grown into a prominent name in the electrical services sector, providing a wide array of offerings, including roof repair, replacement, gutters, siding, windows, skylights, and storm damage restoration.
Mister Sparky stands out due to its advanced use of drone technology and its dedication to delivering high-quality, customer-centric services tailored to meet individual needs.
Initial Investment
How much does it cost to start a Mister Sparky franchise? It costs on average between $85,000 – $277,000 to start a Mister Sparky franchised outlet.
This includes expenses for facility setup, necessary equipment, initial inventory, and early operational costs. The total investment varies based on multiple factors, such as the location, the size of the territory, and whether the franchisee opts to lease or purchase a facility. Mister Sparky offers 2 types of franchises:
| Franchise Type | Initial Investment Range |
|---|---|
| Mister Sparky (New Business) | $133,273 to $276,702 |
| Mister Sparky (Conversion Franchise) | $84,570 to $204,824 |
We are summarizing below the main costs associated with opening a traditional Mister Sparky (New Business). For more information on costs required to start a Mister Sparky franchise, refer to the Franchise Disclosure Document (Item 7).
| Type of Expenditure | Amount |
|---|---|
| Franchise Fee | $33,000 |
| Grand Opening Marketing | $0 – $6,000 |
| Rent/Lease of Real Estate | $3,090 – $9,270 |
| Leasehold Improvements | $1,030 – $4,120 |
| Computer, Technology Systems, and Software | $1,854 – $4,120 |
| Office Furniture and Equipment | $1,545 – $4,120 |
| Machinery, Tools and Equipment | $3,090 – $10,300 |
| Vehicles | $8,240 – $15,450 |
| Vehicle Upfitting | $0 – $5,150 |
| Signage for Vehicles | $0 – $8,240 |
| Office Signage | $1,030 – $5,150 |
| Travel Expenses for Initial Training | $2,575 – $5,150 |
| Initial Vehicle Inventory | $2,575 – $8,240 |
| Insurance | $4,120 – $8,240 |
| Start-up Supplies | $2,575 – $5,150 |
| Professional Fees and Licensing | $4,635 – $20,600 |
| Vehicle Registration Fees | $2,266 – $4,532 |
| Decals for Consumer Units | $309 – $515 |
| Telephone Services | $309 – $515 |
| Personal Tools for Technicians | $1,030 – $3,090 |
| General Manager / Operations Manager | $0 – $25,750 |
| Additional Funds – 3 months | $60,000 – $90,000 |
| TOTALS | $133,273 – $276,702 |
Average Revenue (AUV)
How much revenue can you make with a Mister Sparky franchise? A Mister Sparky franchised location makes on average $581,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $703,000 yearly revenue for similar other home services franchises.
Download the Franchise Disclosure Document
Frequently Asked Questions
How many Mister Sparky locations are there?
As of the latest data, Mister Sparky operates a total of 215 locations, consisting of 209 franchised units and 6 company-owned units.
What is the total investment required to open a Mister Sparky franchise?
The total investment required to open a Mister Sparky franchise ranges from $85,000 to $277,000.
What are the ongoing fees for a Mister Sparky franchise?
Mister Sparky franchisees pay a royalty fee of 6% of gross revenue or $1,500 per month, whichever is higher. The Brand Fund fee is 1.5% on the first $5 million in revenue, decreasing to 1.25% for revenue between $5 million and $10 million, 1% for $10 million to $15 million, 0.75% for $15 million to $20 million, and 0% beyond $20 million.
What are the financial requirements to become a Mister Sparky franchisee?
To qualify as a Mister Sparky franchisee, candidates should have a minimum net worth of $200,000 and liquid capital between $50,000 and $150,000.
How much can a Mister Sparky franchise owner expect to earn?
The average gross sales for a Mister Sparky franchise are approximately $0.58 million per location. Assuming a 15% operating profit margin, $0.58 million yearly revenue can result in $87,000 EBITDA annually.
Who owns Mister Sparky?
Mister Sparky is owned by Authority Brands, a parent company that encompasses several prominent home service franchises across various industries.
Disclaimer
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