Terminix Franchise
Thursday, April 22, 2010 at 05:40PM Commercial, industrial and residential pest control and termite protection
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.
Start-up Costs & Franchises Fees
What is the total cost to open a Terminix Franchises?
Total Cost: $24,700-$85,300
Total Franchise Fees: $25,000 USD -$50,000 USD
Ongoing Royalty Fees: 7-10%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Contact Information for Terminix
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Terminix Termite & Pest Control |
Phone Number: (901)363-1132 |
Terminix In the Press
No results at this time.Historical Expansion
In what year did Terminix begin operations? 1927
When did Terminix begin selling franchises? 1927
Year United States Canada International Corporate 2004 137 0 0 329 2003 136 0 0 297 2002 135 0 0 305 2001 150 0 0 253 2000 217 0 0 330
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
In-field training & ongoing self-tutorial
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, National media
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.International franchise business owners required to buy multiple units/master licenses; 30% of all franchise business owners own more than one franchise location.
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes