CLEAR PEST PROS
Clear Pest Pros offers pest management services including ants, spiders, roaches, and rodents to residential and commercial clients using their proprietary system. Known for comprehensive pest control solutions, they operate in the competitive pest management industry.
CLEAR PEST PROS franchise FAQ
How much does it cost to open one — the total initial investment?
The total initial investment necessary to begin operation of a Clear Pest Pros Business ranges from $98,720 to $192,040. This includes a franchise fee of $70,000 that must be paid to the franchisor or its affiliates [p.1].
What is the initial franchise fee?
The initial franchise fee is $35,000 (the 'Initial Franchise Fee'), which is due upon signing the franchise agreement and is non-refundable [p.75, p.16, p.17].
What are the ongoing royalty and advertising fees?
According to [p.5], you must make minimum royalty or advertising fund payments regardless of sales levels. Failure to meet these payments could lead to termination of your franchise and loss of investment. This isn't specified in the excerpts regarding the exact amount of these fees.
How long is the initial franchise agreement, and can I renew it?
The initial term of the franchise agreements is typically 5 to 10 years, with an option to renew for a fee or transfer the franchise agreement to a new or existing franchisee. However, your right to a renewal franchise agreement is subject to your continued compliance with all terms and conditions through the date of its expiration. [p.75, p.111]
Can I sell or transfer my franchise, and what does that require?
The FDD states that a provision permits the franchisor to refuse to permit a transfer of ownership of a franchise except for good cause [p.6]. Good cause includes but is not limited to unspecified reasons, and the franchisor may have a right of first refusal to purchase the franchise in such cases.
On what grounds can the franchisor terminate the agreement?
The franchisor can terminate the agreement if there is good cause, which includes the franchisee's failure to comply with any lawful provision of the franchise agreement and not curing such failure after being given written notice and a reasonable opportunity (no more than 30 days) to do so. [p.209]
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts. The FDD does not provide details on the specific net worth or liquid capital requirements for qualifying as a franchisee.
Do I get an exclusive or protected territory?
No, you do not receive an exclusive territory. You may face competition from other franchisees, outlets owned by the company, or other competitive brands within your designated territory [p.48]. However, the franchisor will not operate another business in your identified territory without your consent [p.73].
What training and ongoing support does the franchisor provide?
The franchisor provides the JumpStart Initial Training program, which must be completed within two months of signing the Franchise Agreement. This includes pre-opening activities such as reviewing Operations Manuals, coordinating advertising programs, acquiring insurance, leasing office space (if applicable), and obtaining permits and licenses. The training also involves virtual assistance from the franchisor's office staff and guidance from a training team and brand president. Ongoing support is provided through Initial Training sessions typically offered each month after successful completion of JumpStart. Additionally, the franchisor offers other services for a fee as outlined in the franchise agreement, which are recognized as separate performance obligations and revenue is recognized when these services are performed [p.176].
How many franchised outlets are there, and how many have closed or been terminated?
This isn't specified in the excerpts.
Does the franchisor share any financial performance or earnings information?
Yes, the franchisor shares financial performance representations based on the metrics and information observed from their company-owned affiliate operating in Clearwater, Florida. However, this information is presented as a projection of potential future financial performance for franchisees [p.61]. The franchisor does not make any representations about past or future sales, volume, or potential profitability, earnings, or income beyond what is included in the disclosure document [p.127].
What am I restricted to selling, and where must I buy supplies?
You are not specifically restricted to selling any particular products; however, all products must meet system standards and be preapproved by the franchisor [p.34]. For supplies, you may have to buy or lease items from the franchisor or a limited group of suppliers designated by them, which might be more expensive than other options [p.3].