Pest Control Business Start Up Costs and Profitability in 2019
Thinking about starting a pest control company with Pestmaster?
Today’s post is for you.
Read on for a simplified break down of pest control business startup costs, profitability, and available discounts.
Pest Control Business Startup Costs
Your total initial investment will be between $30,000 and $85,000, which includes the franchise fee.
The standard franchise fee is $42,500, but there are ways to save money on your open rate. Pestmaster offers the following discounts:
- Military Veterans save $5000. Pestmaster is proud to offer discounts to those responsible for protecting our freedom. Honorably discharged veterans looking to start their own pest control franchise pay only $37,500 in franchise fees.
- Qualified Disabled Veterans save $7000. Pestmaster is proud to honor the sacrifice of America’s military personnel by offering an additional $2000 discount for qualified disabled veterans on top of the standard $5000 discount for men and women who have served.
- Existing Pest Control business owners save $12,500. Though some pest control franchises charge greenhorns and pest control veterans the same price, our pest control business start up costs reflect your existing skills as well as the groundwork you’ve laid.If you already own a business and are looking to convert your existing company into a Pestmaster franchise, you can save a lot of money up front!
- Pestmaster Franchisees expanding into new territories save $21,250. Business is booming and you’re ready to open another location. Good news: your franchisefee gets cut in half!
Beyond these discounts, there are also plenty internal decisions you can make to lower your pest control business start up costs. For example, some franchisees join with the intention of being semi-absentee owners who rely mostly on the work of licensed individuals. Because of the extra overhead required to retain a full-time staff, these businesses will inherently cost more to launch and operate. In contrast, some franchisees intend to run “one-man operations,” which puts their pest control business start up costs on the lower end of the spectrum.
In addition to the franchise fee, Pestmaster Franchisees are expected to have $20,000 to $30,000 on-hand as working capital when launching their business. This liquid cash requirement works as a safety net in case of shortfalls or emergencies in the early goings.
Pest Control Business Start Up Costs versus Profitability
Though individual franchise profits vary, there’s no arguing that the pest control industry is highly profitable. According to Specialty Consultants Research, the U.S. structural pest control market is predicted to reach $10-billion next year!
And Pestmaster supports your profitability in this booming industry in a number of ways:
- Established brand name. We have a strong local and national reputation, and this brand recognition drives customers to your business.
- Purchasing power. Pestmaster franchisees enjoy buying discounts for materials, equipment, and vehicles, which helps your bottom line in a big way.
- Marketing assistance. We help you identify advertising goals, create a budget, and implement high-performance marketing campaigns across various mediums.
- Top tier training and ongoing coaching. We make sure every Pestmaster franchise offers top of the line pest control treatment and customer service. In this way, we keep our brand reputation intact and maintain your competitive advantage over other companies.
- Streamlined start-up process. Using our proven system, you start generating a return on your investment fast. Typically, it takes 3-6 weeks to get a Pestmaster franchise up and running, 2 of which are spent in training.
For a complete breakdown of our pest control business startup costs and profitability, click here or call 800-525-8866 to set up an appointment with a member of our team.Back