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Investment
Information
The initial franchise fee is $30,000. Additional
start up costs for the franchise opportunity such as insurance, computer,
truck, advertising, office equipment, uniforms, operating cash,
etc., and also including the first 3 months of operating
expenses for the business are estimated to be approximately an
additional $18,950-$36,960. It could be more or less,
depending on what you may already have.
When choosing a territory, you can pick an area with a
significant customer base, or an area with very few customers.
The customer purchase price is basically one year of revenue.
So, if you buy a territory with customers that generate $10,000
per year, that would be the cost of those customers. We have
territories that range in value from 0-$100,000, depending on
what you are looking for. Some people are interested in instant
income, while others choose to build the territory themselves,
depending on the initial investment someone is looking to make.
The ongoing royalty fee has a
sliding scale starting at 10% and it reduces to 7% once you
become properly licensed. We
have written into the franchise agreement that a 2% cooperative
advertising fee may be applied if we were to do bill boards or
TV commercials that would benefit all the franchises. At this
time we have not found it to be necessary to do cooperative
advertising, and so there is no charge currently.
Lady Bug Franchise Corporation offers a unique business concept by providing
residential and commercial environmentally responsible pest control. We use natural
materials inside and incorporate it outside as well. This is a
safe and very effective service. Both customers and pest control
technicians appreciate the safety of our service. Since we have
poisonous pests such as black widows and scorpions, pest control
in Arizona is a necessity, not a luxury item. To some degree,
for this reason, our business is also more recession proof than
many others.
As part of the initial investment, we provide a training
program that ranges from 2 weeks to 1 month depending on the
individual's ability to understand the information and level of
comfort. There is ongoing support once you are up and running.
Your success means our success, so we are very committed to
offer advice, training, coaching and support in every way
possible. The training covers everything necessary to operate
your business from application techniques to accounting, and
marketing to customer service. It is all included.
This business opportunity can be
run as a home-based business. You can operate
out of a home office since you go off site to service your
customers. The business can be grown in various ways as well.
Some people want to get a number of trucks and employees, while
others prefer to make a good living, but not want the
responsibility of employees. The options are open ended. We
believe in creating win-win scenarios, and not everyone's
scenario is the same.
Lady Bug is a well known name in the Phoenix area. Our trucks
are easily recognizable too. We have been written up in
magazines and newspapers frequently. We offer a combination of a
proven system for success, extensive business experience, and an
outstanding reputation within the pest control industry. At Lady Bug we
also have a strong desire to succeed. Your
success means our success. For these reasons, we feel we have a
great opportunity to offer in a franchise.
We would be happy to discuss all of this in greater detail
and answer any questions you may have. Feel free to download an
application (PDF)
or (html)
from our website.
We thank you for your interest in
a Lady Bug Franchise opportunity. Please feel free to contact us.
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