The Juice is Worth the Squeeze: Pest Control Business Start Up Cost vs. Profitability
Have you ever had somebody ask you whether the juice is worth the squeeze?
The idea behind this expression is that to make juice you must squeeze the fruit. However, because making fresh juice is somewhat labor intensive, and it “costs” you one fresh piece of fruit, the person must decide it’s worth that effort and expense.
In pest control business terms, the “juice” is the profit, and it’s definitely worth the “squeeze” of pest control business start up costs and labor.
To illustrate this point, today’s post compares the cost of starting a Pestmaster franchise versus the potential for a healthy profit. Read on to learn whether this business is right for you.
Pest control profitability
The pest control business is thriving. A new study by Specialty Consultants Research shows that the U.S. structural pest control market generated $8.175-billion in service revenue in 2016. Now experts predict that this sum will surpass $10-billion next year by 2020 with no signs of slowing down in the near future. Nearly all pest control services are enjoying major demand spikes.
Clearly, the pest control business is profitable. If you would like to see some Pestmaster specifics, contact our team to take a look at Item 19 of the Franchise Disclosure Document (FDD).
Pest control business start up cost
In a recent article published in The Balance: Small Business, author Ron Dicker (2018) shared some insights about pest control business start up costs.
According to his research, the average pest control business start up cost was around $200,000. This amount was calculated for a home-based pest-control business and was meant to cover the following costs:
Pest control training and certification
A reliable service vehicle
Website, company vehicle signage (vinyl wrap), business cards, and other print/online advertising materials
Pest control products and supplies
All this–essentially enough to start your own business–for $200,000. As with most pest control franchise systems, this fee would also include the franchise fee and get you access to varying levels of support, either from the franchisor or via other franchisees.
Is that a good deal? And is the juice worth the squeeze?
Maybe–as we highlighted earlier, the pest control industry certainly supports your profitability.
But what if you could get a lot more juice for a lot less squeezing?
With Pestmaster, you can: our pest control business start up costs less than half of what you’d pay with the competition. And this isn’t a “bargain brand”–we have 40 years of experience, national recognition as a “Top 100” pest control company, and a proven system that consistently guides complete beginners to success.
Since day one, we have worked hard to refine our sleek and scalable home-based model. With no salaried employees and no brick-and-mortar overhead, we minimize pest control business start up costs without compromising on any training or support standards.
Total initial investment costs range between $30,000 and $85,000, which includes the franchise fee and a liquid cash requirement (i.e. working capital) that you retain in case of any shortfalls or emergencies.
Discounts are available, too. Military veterans save $5000 on the franchise fee; qualified disabled veterans save $7000; and experience pest control business owners looking to convert their business to a Pestmaster franchise save $12,500.
If you need financing, we can help. We offer in-house financing to qualified individuals that covers up to 50% of the total franchise fee. Additionally, we have built strong relationships with third-party lenders who can help you launch your dream business.
Learn more about starting a Pestmaster franchise
The juice is worth the squeeze, so get to it!
Visit https://www.pestmasterfranchise.com/contact-us to learn more about our opportunity.
Dicker, R. (2018, August 29). How to launch your own pest control business. The Balance: Small Business. Retrieved from https://www.thebalancesmb.com/start-pest-control-business-4045989Back