Franchise News Release: Waco, TX - (Feb-12-2004)


Mr. Electric Ranked #1 Service Business to Start by Small Business Opportunities Magazine


Mr. Electric®, the world's largest electrical service and repair franchise, has been ranked the #1 best service business to start by Small Business Opportunities Magazine, which hits newsstands this month.

The cover story, entitled "Strike it Rich! 15 Boom Businesses to Get Into Now!" rated electrical services in high demand for residential and commercial customers and profiled Mr. Electric as the company to join. Even in the booming era of do-it-yourselfers and Home Improvement achievers, the magazine said electrical work is where many people draw the line and hire a professional.

"Mr. Electric's ability to step in and offer professional services under a recognizable name has been our crowning achievement," said Rick Cross, president of Mr. Electric. "We love being the solution. And unlike new construction, electrical service and repairs for existing structures is not as susceptible to economic shifts."

Small Business Opportunities Magazine is published by Harris Publications and features the nation's leading business ideas for entrepreneurs. The magazine is sent to more than 250,000 subscribers.

About Mr. Electric
Mr. Electric® is a global Franchise organization offering residential and light commercial electrical installation and repair through more than 150 locations worldwide. Mr. Electric is a subsidiary of The Dwyer Group, Inc., one of the world's largest franchise holding companies in the residential and commercial service business.

About The Dwyer Group
The Dwyer Group, Inc., based in Waco, Texas, is a holding company that owns six franchise businesses. Each business sells and supports a different service-based brand name franchise under the following service marks: Aire Serv® Heating & Air Conditioning, Glass Doctor®, Mr. Appliance®, Mr. Electric®, Mr. Rooter® (Drain Doctor® in the UK), and Rainbow International® Restoration and Cleaning. Collectively, the franchisees of these franchise concepts offer customers a broad base of residential and commercial services. Dwyer is a portfolio company of The Riverside Company, a private equity firm with offices in New York, Cleveland, Dallas and San Francisco. Riverside acquired Dwyer in a public-to-private transaction in October 2003.




 

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