Mr. Electric, a company that offers residential and light commercial electrical installation and repair, will end 2003 on a positive note. The company added 42 new franchises worldwide and achieved a 13.8% increase in U.S. sales revenue.
This will be one of Mr. Electric’s strongest years, and President Rick Cross attributes the success to the fact that the company aimed to attract the independent electrical businesses looking to diversify into the service and repair industry. The change in focus created more opportunities and more business for the company.
Mr. Electric plans to open 60 additional franchises worldwide in 2004.