Start a Pest Control Business Franchise in 2019: Industry Intro and Owner Profile
If you’re thinking of starting a pest control business, this is your year!
In 2019, market trends and pest control business franchise opportunities make it easier than ever to build a successful business in this industry. Read on to learn more about pest control profitability and what makes you a good candidate for a Pestmaster franchise.
Why start a pest control business franchise?
Research suggests there has never been a better time to start a pest control business franchise.
NOVONOUS estimates that the global pest control services market–which generated about $8.175 billion in revenue in 2016–will reach a compound annual growth rate of 5.52% by 2020. This growth has been attributed to various factors, including increasing economic activity, urbanization, and stringent regulations on hygiene and sanitation in the public sector. Most important of all, pests are proliferating:
Bed bug service revenue increased by 6.6% last year, bringing total revenue to $611.2 million;
Mosquito control services increased by 12.6% percent, yielding an estimated $157.7 million;
Rat and mouse control in commercial and residential accounts generated more than $800 million in revenue.
Termite treatments are also becoming a reliable source of revenue for pest control business franchise owners. Termite control and prevention is critical on construction sites, so city development naturally drives sales. Much of that work is preventative, which makes it a stable source of income: in the Midwest, 28% of all post-construction termite jobs were completed on structures with no signs of activity.
Demand spikes aside, starting a pest control business franchise has never been easier.
In the past, financing your pest control business was a stressful shot in the dark. There was no set financial requirement. You simply saved as much as you could, then tried to spend as little of it as possible, all while racing to get your doors open before going broke. You figured things out as you went, and you paid for every lesson learned. It was quite the rollercoaster.
But not with Pestmaster. Our investment requirement is 100% transparent, which eliminates the “fear of the unknown” and makes for easy financial planning.
The total initial investment for a pest control business franchise falls between $30,000 and $85,000. That’s roughly half the amount quoted in the Houston Chronicle’s Small Business section. And that figure includes $20,000-$30,000 of working capital to keep in reserve in case of shortfalls or emergencies in the opening months. Discounts are available for military veterans and current pest control business owners, and we can also help with financing. Get the full financial breakdown here.
Our pest control business franchise opportunity is available to anyone with the right attitude. There is no skill or experience requirement to become a Pestmaster franchisee. In fact, some of our most successful owners entered into our franchise with no prior business ownership or pest control experience. It’s all made possible via our peerless training program and support services. We designed our start-up training to bring newcomers up to speed in a matter of weeks. As long as you’re coachable and willing to listen, you have what it takes to get started.
Learn more about starting a pest control business franchise
Are you interested in becoming financially independent running a valuable and eco-friendly business?
You can learn more about the Pestmaster franchise opportunity by requesting franchise information via the contact form on our website, or by calling 800-525-8866 to set up a free consultation.Back