Top Pest Control Franchises for a Lucrative Business

Introduction

There is a variety of mosquito and Pest Control franchises available. In today’s article, we will compare those franchises by different metrics like payback period, number of stores, etc.

Just as a rough comparison metric, we will give 5 points to the company that ranks the highest and 1 to the one with the lowest rank and compare at the end.

Unit Count

• Mosquito Hunters currently has 132 locations operating. The company boasts impressive growth considering that at the start of 2019, it had only 12 franchises. That is a growth rate of 1000%.
• Mosquito Squad has 222 franchises only. At the start of 2019, it had 235, as a comparison. That is a decline of 5.5%.
• Mosquito Shield has also expanded to 87 franchised locations at the end of 2020. This is up from the 57 that they had at the start of 2018. This amounts to a growth rate of approximately 52%.
• Mosquito Mike, however, does not have any franchises yet. This is because the company only started offering franchises at the end of 2020.
• Mosquito Joe is the company with the most number of franchises at 372. It has also grown from the 286 locations it had at the start of 2019. At a growth rate of 30%, this is also pretty impressive.

All considered, if we are looking at the best franchise by the most number of locations, Mosquito Joe is the most popular.

Average Unit Volume

Now, let’s look at the Average Unit Revenue/Average Unit Volume for these franchises.

• We are not comparing Mosquito Hunters in this part because they have a highly complex system of providing data about their franchises, which will not align with the others.
• Mosquito Squad had an Average Gross Revenue of $470,857.
• Mosquito Shield had an Average Unit Volume of $471,058.
• Since Mosquito Mike is a new concept, there is no significant data to compare.
• Lastly, Mosquito Joe had an Average Unit Volume of $347,438.

Earnings of the Franchisor

Let’s look at how the franchisors are doing in this section.

• Mosquito Hunters saw a net income of $2,544,063 in the last year of reporting.
• Mosquito Squad saw $14,340,000 coming in in 2021.
• Mosquito Shield saw a lot less coming in at $141,486.
• Mosquito Mike saw an income of $3,926, again, because it is so new and has only one location that is company-owned.
• Lastly, Mosquito Joe has $29,484,000 coming in in 2021.

Let’s put this in a table and assign points.

Mosquito Joe is at the top this round with almost $30 million in earnings. That is more than twice what the next franchise makes.

Payback Period

Last, let’s look at the payback period. We’re going to assume a standard profit margin of 15% for comparison purposes but the individual profit margins for the companies might differ.

• We will not be looking at Mosquito Hunters because the data provided is very cryptic and hard ot compile.
• Mosquito Squad Average Unit Volume: $470,857

• Mosquito Shield Average Unit Volume: $471,058

• Mosquito Joe Average Unit Volume: $347,438

• Yet again, we have no data for Mosquito Mike so we cannot say how long it takes a Mosquito Mike Franchise to get their money back from the profits.

Conclusion

Alright, now that we have done these comparisons, let’s tabulate the final scores.

According to our arbitrary system of scoring, Mosquito Joe and Mosquito Squad seem to be the best franchises with Mosquito Shield a semi-distant-third. Mosquito Mike is a new franchise and is yet to prove itself. Mosquito Hunters might be a good franchise but because of the way they disclose financial data, it is very hard to analyze their data.