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Below is an in-depth analysis and side-by-side comparison of Terminix vs BedBug Chasers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $24,700 - $85,300 | $99,425 - $143,550 |
Franchise Fee | $25,000 - $50,000 | $25,000 |
Royalty Fee | 7-10% | 6% |
Advertising Fee | - | - |
Year Founded | 1927 | 2008 |
Year Franchised | 1927 | 2012 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | In-field training & ongoing self-tutorial | Available at headquarters: 1 week. At franchisee's location: 1 week. |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, National media | Ad slicks, National media |
Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
E.L. Bruce founded Terminix International in 1927. Although the company was originally created to provide only termite protection services, Terminix now offers pest control for all types of insects. Purchased by The ServiceMaster Co. in 1986, Terminix is part of the ServiceMaster Co. franchise family, which includes franchise companies Merry Maids, American Home Shield and TruGreen-ChemLawn. Terminix has more than 500 service centers across the United States and internationally.
In 2008 we realized that the number of bed bug infestations was sharply increasing throughout the United States and that traditional pest control methods, which involved using multiple, potentially dangerous, chemical applications, were ineffective in eliminating these insects. As such, we set out to develop a solution that would effectively and efficiently eradicate the bed bug epidemic without further polluting the environment or endangering humanity. The Problem: The Bed Bug Problem World travel and international commerce has led to the infiltration of insects into North America from other parts of the world. One of the biggest and most prolific problems over the past decade has been bed bugs. The bed bug epidemic is nationwide with all 50 States reporting bed bug infestations. Bed bug infestations across North America have grown 500% in five years and are found in every type of living space from houses to hospitals, colleges to cruise ships. What makes the BedBug Chasers franchise unique? Patents and Technology:BedBugGuyBedBug Chasers business uses a specialized accelerated electric convective heat process along with our proprietary equipment to create an environment that destroys all stages of bedbugs resulting in peace of mind and a hassle-free experience for customers. This is a mobile business offering service and maintenance programs to hotels, hospitals, military bases, airlines, train lines, theatres, property management companies, cruise lines, nursing homes, hostels, dormitories, homes or any other location where people stay for an extended period of time. A BedBug Chasers business can also provide subcontracting services to pest control companies. Strategic Partnerships:BedBug Chasers works with several national and regional companies in order to deliver high-quality equipment, systems and operating processes to be used in the franchised business. Marketing and Business Development Programs: Proven and effective referral programs, dedicated lead generation systems and focused marketing programs for local market business development. Our secondary market is providing bed bug elimination services directly to residential and commercial customers such as: - Home owners - State and local housing - Retail establishments - College dormitories - Theatres - Cruise ships - Health care providers - Building/Property managers - Commercial properties / Offices - Hotels - Military bases - Airlines -Prisons - Hospitals and Nursing Homes.
If you purchase multiple franchises at the time you sign your Franchise Agreement each additional franchises can be purchased for a reduced price of $20,000 each.