We will provide corporate-based training including 40 hours of classroom training and 120 hours of on-the-job training. We will also provide on-site help around the time of your grand opening. As a franchise owner, you will have access to all PestNow trademarks, operational tools and procedures. We'll also present you with a copy of our confidential operations manual to help you run your business properly on a day-to-day basis.
Some experience in or understanding of the pest control business may be an advantage for PestNow franchise owners. We do look for franchise owners who will be dedicated to the growth of their PestNow businesses, and who either have, can obtain, or have someone on their staff with the proper licensing requirements. Regardless of your background, we'll provide you the support you need to run your PestNow business. We do, of course, also expect that you have the right amount of capital to invest in the franchise.
The estimated required investment for a single PestNow franchise location ranges between $93,650 and $223,300, and varies depending on whether you operate a home-based or an office-based pest control business. This includes a $35,000 franchise fee. As with any new business venture, it's important that you have the capital needed to adequately fund your new business.
Franchisees will be required to pay royalties of 7% of gross sales. These fees allow us to fund our ongoing support services and the continued development of procedures, marketing tools, training programs, and product and systems upgrades.
Franchisees will be required to spend up to 5% of gross sales on local advertising; 1% of gross sales will be contributed to the brand fund, and the remaining portion (up to 4% of gross sales) will either be contributed to a market co-op fund or spent on local marketing and advertising. Collected funds are used to develop marketing strategies to promote the PestNow brand and fund the creative costs to develop any local franchise marketing materials and campaigns.
We do not offer direct financing to franchisees. We may be able to provide references to qualified financing or lending agencies, on a case-by-case basis.
The initial term of your franchise agreement is five years, with three five-year successor terms.
We'll discuss the possibility of setting up a visit to our corporate office to view our operations, meet with key franchise management staff, and receive our FDD (Franchise Disclosure Document) which contains all the important details you'll need to make an informed decision.
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