Three Financial Benefits of Franchising with Pestmaster
Three Financial Benefits of
Franchising with Pestmaster
With start-up costs that are 25 to 50 percent less than some other service related franchises, it makes sense to consider opening a Pestmaster franchise. Pestmaster gives you both the plan you need for a successful business plus affordable franchise fees that won’t bust your budget. Additionally, when you apply the discounts and other savings we offer to new franchisees, you can get started in business for even less than you may have imagined. Three ways Pestmaster can help you start your own business and save you money at the same time include fee discounts, low start-up costs, and options for financing.
Discounts on Franchise Fees
When many other companies require $50,000 to $85,000 or more as their open rate franchise fee, Pestmaster only requires $42,500, a savings of 25 to 50 percent right up front. For those who qualify for our other discounts, the cost is even lower. For example, military veterans who qualify save an additional $5,000 off the open rate fee, and disabled military veterans receive $7,000 off. For those who already own and operate a pest control business and who want to become a Pestmaster franchise, the fee is only $30,000. And for those who already operate a Pestmaster franchise, the fee for additional territories is only $21,250. Depending on the discounts that apply to you, your total initial investment (including the franchise fee) would range from $30,000 to $85,000.
Low Start-up Costs
In addition to the franchise fee, Pestmaster recommends all new franchisees to have $20,000 to $30,000 in working capital liquid cash to fund day-to-day operational expenses and ongoing personal expenses, such as wages, equipment lease down payments, fees for permits and licenses, and advertising costs. Less working capital is needed as revenue flows in from performing contracted services. Additionally, Pestmaster’s ongoing coaching, training, and mentoring — provided by our franchise professionals at no cost — saves you the expenses for training that would come with starting an independent business.
For individuals who qualify, Pestmaster offers in-house financing. That means you won’t have to search for a bank to help you pay for your new venture. When you finance with Pestmaster, you can borrow up to 50 percent of the franchise fee. If you decide to finance using one of partner lenders, you will be able to use your loan to cover the franchise fee, start-up costs, and equipment and inventory costs. Whichever approach best suits your financial needs, Pestmaster is here to offer a solution that will get you up and running as quickly as possible.
Starting your own business when you “have the money” is unlikely unless you have a plan that includes some options. That’s why franchising with Pestmaster is a great way to go into business. Pestmaster offers you discounts on our franchise fee, low start-up costs to reduce overhead, and options for financing to help you over the financial hurdles. Contact us today to learn more about franchising with Pestmaster. Visit https://pestmasterfranchise.com, call 800.525.8866, or email [email protected].Back