Orkin vs BedBug Chasers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Orkin vs BedBug Chasers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Orkin Franchise
BedBug Chasers Franchise
Investment $84,975 - $231,200$99,425 - $143,550
Franchise Fee $39,000 - $100,000$25,000
Royalty Fee -6%
Advertising Fee --
Year Founded 19012008
Year Franchised 19922012
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements

 
Orkin Franchise
BedBug Chasers Franchise
Experience --

Financing Options

 
Orkin Franchise
BedBug Chasers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Orkin Franchise
BedBug Chasers Franchise
Training -

Available at headquarters: 1 week.

At franchisee's location: 1 week.

Support -

Newsletter, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations

Marketing -

Ad slicks, National media

Operations --

Expansion Plans

 
Orkin Franchise
BedBug Chasers Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Orkin

Commercial and Residential pest management services. International markets now available.
 
Depending on the size of the territory in which your franchise is located, the initial franchise fee will be between $39,000 and $100,000, which may be discounted if you elect, and the franchisor agrees to, a term for your franchise agreement less than the standard terms set forth in Exhibit 7 or if you operated a pest or termite control business (other than under an Orkin franchise agreement) prior to the signing of the franchise agreement. The estimated initial investment to begin operation of an Orkin Franchise ranges from $84,975 to $231,200. This sum does not include the rent for the business location or other real estate costs or the costs of purchasing any existing customer contracts of the franchisor’s affiliate Orkin, LLC that may be in the territory assigned to you and that you are required to purchase from Orkin, LLC, which may cost in excess of $250,000. Of your estimated initial investment, between $39,000 and $100,000, plus the cost of purchasing such customer contracts, is payable to the franchisor.

About BedBug Chasers

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.