Frequently Asked ValuePest.com Franchised Business Questions
QWhat are the benefits of becoming a ValuePest.com franchise owner?
ASome of the benefits include:
- The right to use our federally trademarked name, ValuePest®.
- An exclusive territory that allows you to exploit the ValuePest.com brand.
- A step-by-step business model that will supercharge your business and make your business easy, lucrative and fun again.
- Proven marketing systems that will get your phones ringing quickly with clients ready to spend money.
- Ongoing support through by calling our toll-free hotline 1-866-DON’T-OVERPAY. You’ll have direct access to experienced support personnel with years of pest management industry experience.
- A franchise team atmosphere where you can connect with other franchise owners who will always be on your side to share their experiences and tips on the best ways to grow your ValuePest.com franchise.
QWhat are my start-up costs?
ALow-risk, high-ROI, service-based franchise opportunities are in high demand, and ValuePest.com is one of the best low-risk, high-return opportunities out there. Smart entrepreneurs are locking down exclusive ValuePest.com territories while they are still available.
There is an Initial Fee of $9,995, which includes our Initial Start-Up Advertising and Equipment Package. We estimate your total start-up costs will be between $10,995 to $50,870.
ValuePest.com offers In-house Financing for up to 90% of the cost of the Initial Fee to qualified buyers for up 60 months. (See Item 10 in our Franchise Disclosure Document for full details.)
QHow much money can I make?
ANo franchisor can answer that for sure. The success of your franchised business will depend largely on your own individual abilities and your local market. The actual numbers you experience will be influenced by a wide variety of factors including your management skills, market size and demographics and competition. You should conduct your own independent research and due diligence to assist you in preparing your own projections. In 2016, there were a total of 14 franchisees who operated ValuePest.com Franchised Businesses. We have broken these franchisees down into three groups: (1) Franchisees who operate multiple service trucks; (2) franchisees who operate a single-truck; and, (3) new franchisees who opened their business in 2016 but did not operate for the entire calendar year. More detailed information is available in our Franchise Disclosure Document:
QHow much are the ongoing royalties?
AValuePest.com franchisees pay a monthly royalty of 10%.
QHow hard is it to qualify for a ValuePest.com franchise?
AYou need to be financially stable. Generally this means that you have the funds necessary to buy the franchise, your truck and equipment, invest in start-up advertising, and cover operating costs as well as your personal expenses for the first few months. The amount varies from market to market.
You don’t need to be rich to buy a ValuePest.com franchise, but as with any business, you need to have adequate funds to get the business started and give it time to grow. We also look to see that you have adequate pest control experience and local market knowledge. You need a state pest control certification or license, or you need to hire someone who has the proper state license before opening your business. In some states we are able to assist you with the state licensing requirements. Call us for more details on licensing requirements.
QCan I operate a ValuePest.com franchise from my home?
AYes. We do not require that you have a professional office location.
QHow do I learn more about the ValuePest.com franchise opportunity?
AMost prospective franchises have found that the best approach is to talk with current ValuePest.com franchise owners. These people, at one time faced the same decision you are facing. Keep in mind that they have nothing to gain by misleading you. They are free to speak openly about their business. Of course, they will not share trade secrets or confidential information. A good question to ask might be, “If you had it to do over again, would you make the same decision?”
QWhy can’t I just open my own pest control company?
ACertainly, this is the first thought just about everyone has. The concept on the surface seems simple enough. But, ask yourself, how much will it cost in time and money while trying to figure out how to make it work. Compare this with our low franchise fee and huge benefits. One mistake could easily cost more than the cost of a franchise. Why re-invent the wheel? Why not benefit from our experiences (both successful and not), and the experiences of our franchise owners around the country. The sharing of information between all franchisees is very valuable. You will learn what works, and more importantly, what doesn’t. In addition, we are constantly changing and improving our systems. Would you rather compete with a local ValuePest franchise or own the local ValuePest.com franchise?
QWhat are the qualifications for a ValuePest.com franchise?
AYou must have a personal credit score of 625+, liquid assets of $30,000; and a net-worth of $100,000. The ideal candidate will have an entrepreneurial spirit as well as sales and marketing experience. Pest Control experience is helpful, but not required.