🍟9/5/24 – A Mosquito’s Worst Nightmare
FRANCHISE OF THE WEEK
Mosquito Squad
Fast Facts
Background
- HQ: Richmond, VA
- Founded in 2004, franchising since 2005
- Mosquito Squad is a franchise that specializes in outdoor pest control.
Location Trends
Franchise Fees
- Royalty: 8% – 10%
- Brand Fund: $150/m – $450/m
- Franchise Fee: $50,000
Financial Overview
- The below table discloses information on 102 franchised Mosquito Squad businesses that were open and operating for the 2022 fiscal year.
The Wolf’s Take 🍟
For a little context, Mosquito Squad was founded by Boyd Huneycutt and Scott Zide, but they were initially in the outdoor lighting business.
They noticed their crew always fighting off mosquitoes, so they came up with the Protective Barrier Treatment. Little did they know, their solution to keep bugs at bay for up to 21 days ended up flipping the pest control industry on its head.
Mosquito Squad is more than just zapping mosquitoes though—it’s also about creating enjoyable outdoor spaces, which is a pretty appealing service, especially in areas where pests can ruin a good barbecue.
Now, financially, they’re asking for a franchise fee of $50,000 with royalties between 8% and 10%, plus a brand fund contribution that ranges from $150 to $450 monthly. That’s pretty standard, but it does mean you need to be confident about the volume of business you can generate.
Looking at their performance, they’ve got over a hundred franchises ticking along, which I believe speaks to both viability and potential.
So if you’re someone who’s up for tackling a straightforward service with a clear market (e.g. families and businesses wanting to enjoy their outdoor spaces without the buzzkill of pests) Mosquito Squad could be a solid bet. Just make sure you’re comfortable with the investment and the elbow grease you’ll need to put in to market your services locally.
Resources
SMB TWEET OF THE WEEK
1 Entrepreneurship in a Nutshell – Evan Carmichael
Evan Carmichael is an expert in entrepreneurship and for anyone wanting to make it in the world of franchising. His page is full of useful articles, guides, and a nice bit of motivation.
At the end of the day, franchising is a game of endurance. Mastering that skill alone will put you ahead of the vast majority of people in this business.