Thinking About Getting Into the Residential Electrician Space ⚡️
I currently own a pest control company operating in 3 states, and with our experience in building and scaling home service teams, we’re exploring the next vertical — residential electrical. Since we don’t have an electrician background, we’re looking at opening a Mr. Sparky’s franchise (part of the Authority Brands group). The appeal is obvious — brand recognition, proven systems, faster launch, and the ability to stay completely absentee with an operator running the business for a salary + equity share. That said, there are tradeoffs: - We’d be locked into the franchise structure and fees for every new location. - We couldn’t eventually build our own brand or franchise it ourselves — it would always stay under Mr. Sparky’s umbrella. So, we’re weighing the options: 1) Do we go with a franchise for speed, systems, and brand power? 2) Or should we partner with a mid-size electrical company that’s open to franchising and help them build a scalable model together? We already have a large network of experienced operators and are looking to keep expanding into home services. Would love to hear from anyone who’s been down this road — franchise vs. build-your-own model, what’s worked best for you?