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Poop 911 Franchise ProfileCleaning Franchises > Residential Cleaning |
What Are the Initial Investment Requirements for a Poop 911 Franchise?
To start a Poop 911 franchise, the initial investment ranges from $3,620 to $25,970. Notably, there is no franchise fee, which can make entry more accessible for aspiring franchisees. You will need to have cash available in this range and meet a net worth requirement of $100,000 to $200,000. This financial structure allows for a relatively low barrier to entry compared to many other franchise opportunities, making it an attractive option for new entrepreneurs.
What Are the Ongoing Fees for a Poop 911 Franchise?
Franchisees of Poop 911 are required to pay a royalty fee of 12% on their gross revenue, in addition to a marketing fee of 1%. These ongoing fees are essential for maintaining brand support and marketing efforts that can drive customer engagement and sales. Understanding these costs is crucial for franchisees to effectively budget and plan for profitability in their operations.
What Is the Revenue Potential for a Poop 911 Franchise?
The average annual revenue per Poop 911 unit is reported at approximately $2,450,683, with a median of $6,157. The financial performance indicates a strong revenue potential, especially when considering the lowest revenue reported at $1,403,273. This suggests that franchisees can achieve significant earnings, provided they effectively manage their operations and tap into their local market.
How Quickly Can You Expect to Break Even with a Poop 911 Franchise?
Franchisees can expect to break even within approximately 12 months of operation. This quick return on investment is appealing for new franchise owners, as it indicates a potentially rapid path to profitability. With an investment payback period also estimated at 12 months, Poop 911 presents a compelling opportunity for those looking to enter the franchise landscape with a solid business model.
Poop 911 Franchise Financial Requirements
Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.
The minimum total assets (minus liabilities) you must possess.
Net Worth Required:
The estimated period to recoup your total investment.
Investment Payback:
The initial fee paid to join the franchise system.
Franchise Fee:
Ongoing percentage of revenue paid to the franchisor.
Royalty Fee:
Regular contribution toward the franchise’s advertising fund.
Marketing Fee:
The estimated timeframe to recover your initial costs.
Breakeven Time:
The total amount required to launch the franchise.
Initial Investment:
The minimum liquid capital you must have on hand.
Cash Required:
The typical yearly revenue generated per franchise location.
Average Revenue:
The middle value of yearly revenue among franchise locations.
Median Revenue:
The largest reported annual revenue among franchisees.
Highest Revenue:
The smallest reported annual revenue among franchisees.
Lowest Revenue:
A broad sector defining similar types of franchise businesses.
Industry:
A more specific division within the broader industry.
Category:
The key individuals guiding the franchise’s strategy and growth.
Leadership:
The official business address of the franchisor’s headquarters.
Corporate Address:
Available financing options to help start the franchise.
Funding Year:
The main organization that owns the franchise brand.
Parent Company:
Poop 911 Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes.
Total Units
Franchised Units
Corporate Units
| Units | 2020 | 2021 | 2022 |
|---|---|---|---|
| Total Units | 62 | 75 | 85 |
| Net Change YoY | 13 | 10 | |
| Franchised Units | 62 | 75 | 85 |
| Net Change YoY | 13 | 10 | |
| Corporate Units | 2 | 2 | |
| Net Change YoY | 0 |
Initial Investment
The Poop 911 franchise offers a low initial investment range, starting from $3,620 and going up to $25,970. This flexibility makes it accessible for aspiring entrepreneurs looking to enter the franchise market without significant financial barriers.
Franchise Fees
Poop 911 has an initial franchise fee of $0, which is an attractive feature for new franchisees. Additionally, there is a royalty fee of 12% on gross sales and a marketing fee of 1%, allowing franchisees to invest more of their revenue back into their operations.
Financial Performance
The average annual revenue per unit for Poop 911 is reported at $2,450,683, with a median annual revenue of $6,157. This indicates a strong potential for profitability, especially given the low operating costs associated with the service model.
Breakeven and Payback
Franchisees can expect to break even within 12 months of operation, with an investment payback period also estimated at 12 months. This quick return on investment is appealing for those looking to see results in a relatively short timeframe.
Growth and Expansion
Poop 911 has shown consistent growth, increasing its franchised units from 62 in 2020 to 85 in 2022. This upward trend indicates a robust demand for their services and a solid foundation for future expansion opportunities.
Corporate Structure
The Poop 911 franchise operates under a corporate structure that includes both franchised and corporate-owned units. As of 2023, there are 3 corporate units, which allows the franchise to maintain a direct connection to its brand and operational standards while supporting franchisees effectively.
Frequently Asked Questions
The initial investment for a Poop 911 franchise ranges from $3,620 to $25,970, depending on various factors such as location and equipment needs.