Franopolis
    P

    PestMaster

    Franchise research report · reviewed 2026 disclosure data

    Researching PestMaster franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources
    Franchising since
    1991
    Source: franchise.org
    Headquarters
    Reno, NV United States
    Source: franchise.org

    Pestmaster franchise specializes in comprehensive pest control services for residential and commercial properties, offering solutions for everything from routin

    Headline figures

    Quick facts

    How much does it cost to open a PestMaster franchise?
    The PestMaster Franchise Disclosure Document reports an estimated initial investment of $92,850–$208,600 (2026 FDD, Item 7, PDF p. 2). This is the franchisor's disclosed estimate, not a quote. Details
    What is the PestMaster initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $25 (2026 FDD, Item 5, PDF p. 18). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does PestMaster charge?
    The disclosed ongoing royalty is $300 (2026 FDD, Item 6, PDF p. 22). The brand or advertising fund contribution is $2 (2026 FDD, Item 6, PDF p. 19). Other recurring fees are listed in Item 6. Details
    Does PestMaster disclose financial performance (Item 19)?
    Yes. The PestMaster FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 49). Figures apply only to the locations and period each one covers. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $92,850 – $208,600 in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 8 separate groups: other measures and revenue for 8 franchised locations; other measures for 33 franchised locations; revenue and other measures for 9 franchised locations; revenue and other measures for 8 franchised locations; revenue and other measures for 8 franchised locations; revenue and other measures for 11 franchised locations; revenue and other measures for 15 franchised locations; revenue and other measures for 7 franchised locations. They are not combined.

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2026 FDD · Item 7 · PDF p. 2

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 18
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Minimum Monthly Royalty: $300 per month beginning on the earlier of operation or 120 days after the Franchise Agreement date through month 35; $600 per month for months 36 through the remainder of the term.Main ongoing fee

    24 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    8 separate populations, shown apart. Revenue is not owner income.

    Franchised locations

    Revenue and other measures · 8 locations

    Who is counted
    Firstquartile
    Excluded
    11franchises18territoriesnotreportingall12months, incl2BrandLeadernew2025; someincludedterritoriesnotfullyear; companyexcluded
    Method
    Franchiseereportedgrosssales aggregateallterritories; SOURCEroundednearest dollar/percent; notrecomputed; noexpense deduction

    Franchised locations

    Other measures · 33 locations

    Who is counted
    33franchises57territoriesfrom44franchises75territories
    Excluded
    11franchises18territoriesnotreportingall12months, incl2BrandLeadernew2025; someincludedterritoriesnotfullyear; companyexcluded
    Method
    Franchiseereportedgrosssales aggregateallterritories; SOURCEroundednearest dollar/percent; notrecomputed; noexpense deduction

    Franchised locations

    Revenue and other measures · 9 locations

    Who is counted
    Secondquartile
    Excluded
    11franchises18territoriesnotreportingall12months, incl2BrandLeadernew2025; someincludedterritoriesnotfullyear; companyexcluded
    Method
    Franchiseereportedgrosssales aggregateallterritories; SOURCEroundednearest dollar/percent; notrecomputed; noexpense deduction

    Franchised locations

    Revenue and other measures · 8 locations

    Who is counted
    Thirdquartile
    Excluded
    11franchises18territoriesnotreportingall12months, incl2BrandLeadernew2025; someincludedterritoriesnotfullyear; companyexcluded
    Method
    Franchiseereportedgrosssales aggregateallterritories; SOURCEroundednearest dollar/percent; notrecomputed; noexpense deduction

    Franchised locations

    Revenue and other measures · 8 locations

    Who is counted
    Fourthquartile
    Excluded
    11franchises18territoriesnotreportingall12months, incl2BrandLeadernew2025; someincludedterritoriesnotfullyear; companyexcluded
    Method
    Franchiseereportedgrosssales aggregateallterritories; SOURCEroundednearest dollar/percent; notrecomputed; noexpense deduction

    Franchised locations

    Revenue and other measures · 11 locations

    Who is counted
    Open9+years
    Excluded
    11franchises18territoriesnotreportingall12months, incl2BrandLeadernew2025; someincludedterritoriesnotfullyear; companyexcluded
    Method
    Franchiseereportedgrosssales aggregateallterritories; SOURCEroundednearest dollar/percent; notrecomputed; noexpense deduction

    Franchised locations

    Revenue and other measures · 15 locations

    Who is counted
    Open>1–<5years
    Excluded
    11franchises18territoriesnotreportingall12months, incl2BrandLeadernew2025; someincludedterritoriesnotfullyear; companyexcluded
    Method
    Franchiseereportedgrosssales aggregateallterritories; SOURCEroundednearest dollar/percent; notrecomputed; noexpense deduction

    Franchised locations

    Revenue and other measures · 7 locations

    Who is counted
    Open5–<9years
    Excluded
    11franchises18territoriesnotreportingall12months, incl2BrandLeadernew2025; someincludedterritoriesnotfullyear; companyexcluded
    Method
    Franchiseereportedgrosssales aggregateallterritories; SOURCEroundednearest dollar/percent; notrecomputed; noexpense deduction

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Coverage not stated in the reviewed record · counts as of year end of each year.

    2026 FDD · Item 20 ·

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($92,850 – $208,600) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 2
    2. [2]Standard initial franchise fee — Item 5 · PDF p. 18
    3. [3]Item 19 — Franchised (8 locations) — other measures and revenue · PDF p. 49; PDF p. 48
    4. [4]Item 19 — Franchised (33 locations) — other measures · PDF p. 48
    5. [5]Item 19 — Franchised (9 locations) — revenue and other measures · PDF p. 49
    6. [6]Item 19 — Franchised (8 locations) — revenue and other measures — Thirdquartile · PDF p. 49
    7. [7]Item 19 — Franchised (8 locations) — revenue and other measures — Fourthquartile · PDF p. 50; PDF p. 49
    8. [8]Item 19 — Franchised (11 locations) — revenue and other measures · PDF p. 50
    9. [9]Item 19 — Franchised (15 locations) — revenue and other measures · PDF p. 51
    10. [10]Item 19 — Franchised (7 locations) — revenue and other measures · PDF p. 51; PDF p. 50

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    50 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2026other current asset$4,769,598
    2026accounts payable$2,449,678
    2026total liabilities & equity$88,229,280
    2026other revenue$998,863
    2026franchise royalties$2,932,529
    2026professional services$391,341
    2026expense sg&a expenses compensation & benefits$2,788,572
    2026net other income-$2,837,261
    2026fixed assets$1,129,572
    2026total - expense$5,435,798
    2026total current assets$14,243,923
    2026other assets$7,252,327
    2026total assets$88,229,280
    2026miscellaneous$173,346
    2026intangible assets$65,603,459
    2026total other assets$72,855,786
    2026gross profit$6,255,170
    2026total - other expense$2,837,340
    2026cash & cash equivalents$3,763,092
    2026accounts receivable$3,168,774
    2026unbilled receivable$2,542,458
    2026credit card$107,729
    2026other current liability$7,369,924
    2026total current liabilities$9,927,332
    2026deferred revenue - long term$4,092,633
    2026long term liabilities$32,148,843
    2026total long term liabilities$36,241,476
    2026equity$42,060,472
    2026franchise fees$339,665
    2026service revenue$1,357,828
    2026company store revenue$1,195,052
    2026products, parts, & service revenue$722,336
    2026total revenue$7,546,273
    2026cost of sales labor$515,044
    2026freight$26,624
    2026product & materials$515,259
    2026vehicle$60,830
    2026total cost of sales$1,291,103
    2026rent & utilities$251,822
    2026information technology$599,271
    2026marketing & advertising$1,060,795
    2026travel & entertainment$129,751
    2026office - vehicle-$13,777
    2026office & administrative$228,023
    2026net ordinary income$819,372
    2026other income and expenses other income total - other income$79
    2026other expense depreciation & amortization expense$2,058,602
    2026taxes$1,740
    2026other expense$777,429
    2026net income-$2,017,890
    2025total current assets$13,546,455
    2025intangible assets - net$22,059,123
    2025trade - net of allowance for credit losses$3,114,439
    2025franchise fee revenue$2,278,835
    2025accounts receivable$901,883
    2025current portion of long-term debt$772,465
    2025loss from continuing operations-$13,594,714
    2025total nonoperating expense-$3,394,280
    2025accounts payable and accrued expenses$1,429,592
    2025unbilled$2,674,339
    2025nonoperating income$31,123
    2025property and equipment - net$1,221,698
    2025operating lease liabilities - net of current portion$1,621,710
    2025inventory$451,122
    2025deferred broker and commission costs$1,193,335
    2025accretion of debt issuance costs$209,634
    2025effect of exchange rate changes on cash-$59,462
    2025comprehensive loss-$13,654,176
    2025inventories-$101,604
    2025net cash used in operating activities-$1,016,812
    2025other comprehensive-$59,462
    2025total assets$89,192,500
    2025accrued compensation and other current liabilities$3,221,149
    2025operating expenses$58,084,778
    2025cash flows from investing activities purchase of property and equipment-$94,783
    2025net cash provided by financing activities$210,715
    2025net decrease in cash-$960,342
    2025balance - december 31, 2025$42,796,297
    2025assets current assets cash$4,013,582
    2025other$35,836
    2025prepaid expenses$1,854,770
    2025other current assets$209,032
    2025operating lease right-of-use assets - net$2,108,358
    2025goodwill - net$45,550,345
    2025deferred commission costs - net of current portion$4,596,696
    2025other assets$109,825
    2025liabilities and members' equity current liabilities accounts payable$2,065,328
    2025current portion of operating lease liabilities$582,570
    2025deferred franchise feesMore than one value recorded for this year — open the FDD source before comparing$1,852,726
    2025total current liabilities$8,494,238
    2025long-term debt - net of current portion$30,082,687
    2025deferred franchise fees - net of current portion$6,197,568
    2025total liabilities$46,396,203
    2025members' equity$42,796,297
    2025recurring revenue$45,605,509
    2025total revenue$47,884,344
    2025operating loss-$10,200,434
    2025interest expense-$3,425,403
    2025consolidated net loss-$13,594,714
    2025depreciation and amortization$12,407,000
    2025noncash lease expense$40,109
    2025credit loss expense$292,540
    2025prepaid expenses and other assets-$1,506,746
    2025deferred commission costs-$1,386,409
    2025deferred franchise feesMore than one value recorded for this year — open the FDD source before comparing$291,903
    2025cash flows from financing activities borrowings on long-term debt$504,100
    2025payments on long-term debt-$293,385
    2025net loss-$13,594,714
    2025foreign currency translation-$59,462
    2024total assets$101,442,384
    2024recurring revenue$46,645,188
    2024property and equipment - net$1,495,493
    2024consolidated net loss-$13,009,103
    2024total current liabilities$37,247,095
    2024members' equity$56,450,473
    2024accretion of debt issuance costs$209,633
    2024net cash used in operating activities-$3,370,319
    2024significant noncash transactions - redemption of class a units in exchange for sale of plumbing heating paramedics, llc$630,000
    2024gain on sale of subsidiaries-$908,222
    2024redemptionsMore than one value recorded for this year — open the FDD source before comparing-$1,482,176
    2024assets current assets cash$4,973,924
    2024total current assets$14,019,802
    2024trade - net of allowance for credit losses$4,622,137
    2024unbilled$2,384,114
    2024other$12,786
    2024inventory$349,518
    2024prepaid expenses$763,549
    2024deferred broker and commission costs$831,913
    2024other current assets$81,861
    2024operating lease right-of-use assets - net$2,886,019
    2024goodwill - net$53,613,567
    2024intangible assets - net$26,034,323
    2024deferred commission costs - net of current portion$3,210,287
    2024other assets$182,893
    2024liabilities and members' equity current liabilities accounts payable$2,133,975
    2024current portion of long-term debt$30,434,803
    2024current portion of operating lease liabilities$1,237,822
    2024deferred franchise feesMore than one value recorded for this year — open the FDD source before comparing$1,717,585
    2024accrued compensation and other current liabilities$1,722,910
    2024operating lease liabilities - net of current portion$1,704,010
    2024deferred franchise fees - net of current portion$6,040,806
    2024total liabilities$44,991,911
    2024franchise fee revenue$2,364,383
    2024total revenue$49,009,571
    2024operating expenses$59,247,865
    2024operating loss-$10,238,294
    2024nonoperating income-$37,461
    2024interest expense-$3,522,490
    2024total nonoperating expense-$3,559,951
    2024loss from continuing operations-$13,798,245
    2024gain from discontinued operations$789,142
    2024other comprehensive$107,082
    2024comprehensive loss-$12,902,021
    2024depreciation and amortization$12,456,987
    2024noncash lease expense-$19,170
    2024credit loss expense$686,358
    2024accounts receivable$164,101
    2024prepaid expenses and other assets-$477,035
    2024inventories$25,423
    2024deferred commission costs$802,954
    2024accounts payable and accrued expenses-$2,225,066
    2024deferred franchise feesMore than one value recorded for this year — open the FDD source before comparing-$1,077,179
    2024cash flows from investing activities purchase of property and equipment-$163,849
    2024proceeds from sale of subsidiaries$81,680
    2024net cash used in investing activities-$82,169
    2024cash flows from financing activities borrowings on long-term debt$3,300,000
    2024payments on long-term debt-$1,672,126
    2024redemptionsMore than one value recorded for this year — open the FDD source before comparing-$852,176
    2024net cash provided by financing activities$813,198
    2024effect of exchange rate changes on cash$107,082
    2024net decrease in cash-$2,532,208
    2024cash - beginning of year$7,506,132
    2024balance - january 1, 2024$70,797,170
    2024net loss-$13,009,103
    2024issuance of class a units$37,500
    2024foreign currency translation$107,082
    2024balance - december 31, 2024$56,450,473
    2023capitalized contract costsMore than one value recorded for this year — open the FDD source before comparing$4,013,241
    2023other assetsMore than one value recorded for this year — open the FDD source before comparing$200,786
    2023accounts payable$3,331,237
    2023discontinued operationsMore than one value recorded for this year — open the FDD source before comparing$433,367
    2023members’ equity$72,692,270
    2023total revenues$46,216,249
    2023prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing$3,638,733
    2023current portion of long-term debt$409,376
    2023intangibles, net$28,931,482
    2023total other assets$100,605,249
    2023other assetsMore than one value recorded for this year — open the FDD source before comparing$221,947
    2023depreciation and amortization expenses$9,096,227
    2023other expenseMore than one value recorded for this year — open the FDD source before comparing$204,046
    2023discontinuing operationsMore than one value recorded for this year — open the FDD source before comparing-$404,355
    2023other expenseMore than one value recorded for this year — open the FDD source before comparing$3,720,363
    2023net loss from continuing operations-$9,009,136
    2023net identifiable assets acquired$10,921,105
    2023depreciation and amortization$9,096,227
    2023accounts receivable-$3,892,055
    2023discontinuing operationsMore than one value recorded for this year — open the FDD source before comparing$113,078
    2023continuing operationsMore than one value recorded for this year — open the FDD source before comparing-$22,803,567
    2023loss$151,375
    2023net cash used in investing activities-$23,006,374
    2023proceeds from sales of equipment$24,119
    2023proceeds from capital contributions$31,220,400
    2023effect of exchange rate changes on cash$181,670
    2023less cash acquired-$675,401
    2023assets acquired$12,410,853
    2023contributed capital related to acquisitions$26,315,146
    2023issuance of class a units$7,705,254
    2023balance at december 31, 2023$72,692,270
    2023cash and cash equivalents$7,292,172
    2023accounts receivable, net of allowance for credit losses$7,308,258
    2023inventory$374,941
    2023discontinued operationsMore than one value recorded for this year — open the FDD source before comparing$456,472
    2023total current assets$19,070,576
    2023property and equipment, net$1,750,108
    2023goodwill, net$58,322,671
    2023right of use asset - operating leases, net$4,037,117
    2023discontinued operationsMore than one value recorded for this year — open the FDD source before comparing$5,099,952
    2023total assets$121,425,933
    2023accrued expenses$1,736,480
    2023operating lease liabilities, current$1,234,334
    2023current portion of deferred franchise and territory fees$2,596,885
    2023discontinued operationsMore than one value recorded for this year — open the FDD source before comparing$1,687,613
    2023total current liabilities$10,995,925
    2023long-term debt, net$28,187,920
    2023deferred franchise and territory fees, net of current portion$6,238,685
    2023operating lease liabilities noncurrent$2,877,766
    2023total liabilities$48,733,663
    2023recurring revenue$43,861,005
    2023franchise fee revenue$2,355,244
    2023cost of services$7,365,194
    2023general and administrative expenses$13,588,879
    2023payroll and benefits$19,327,071
    2023transaction expenses$2,127,651
    2023total operating expenses$51,505,022
    2023loss from operations-$5,288,773
    2023interest expense$3,516,317
    2023loss from continuing operations-$9,009,136
    2023loss from discontinued operations-$1,459,871
    2023net lossMore than one value recorded for this year — open the FDD source before comparing-$10,469,007
    2023net loss from discontinued operations-$1,459,871
    2023accretion of debt issuance costs$209,733
    2023prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing-$655,452
    2023inventories$251,394
    2023capitalized contract costsMore than one value recorded for this year — open the FDD source before comparing-$99,543
    2023accounts payable and accrued expenses-$314,296
    2023deferred franchise and territory fees-$425,333
    2023operating lease assets and liabilities$2,909
    2023continuing operationsMore than one value recorded for this year — open the FDD source before comparing-$4,462,230
    2023net cash used in operating activities-$4,866,585
    2023acquisition of businesses, net of cash acquired-$22,648,233
    2023purchase of property and equipment-$179,453
    2023discontinuing operationsMore than one value recorded for this year — open the FDD source before comparing-$202,807
    2023borrowings on long-term debt$1,300,000
    2023payments on long-term debt-$355,469
    2023continuing operationsMore than one value recorded for this year — open the FDD source before comparing$31,943,495
    2023net cash provided by financing activities$32,056,573
    2023net increase$4,365,284
    2023cash and cash equivalents, beginning$3,140,848
    2023cash and cash equivalents, ending$7,506,132
    2023interest paid$3,083,356
    2023liabilities assumed-$1,489,748
    2023goodwill$15,202,529
    2023net assets acquired$26,123,634
    2023less units issued as consideration-$2,800,000
    2023cash purchase price$22,648,233
    2023distributions-$221,436
    2023foreign currency translation$173,591
    2023net lossMore than one value recorded for this year — open the FDD source before comparing-$10,469,007
    2022current portion of long-term debt$355,469
    2022prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing$2,739,829
    2022discontinued operationsMore than one value recorded for this year — open the FDD source before comparing$1,504,355
    2022total current assets$9,744,716
    2022long-term debt, net$27,087,563
    2022operating lease liabilities, current$1,149,172
    2022depreciation and amortization expenses$8,030,433
    2022cost of services$7,716,433
    2022operating lease liabilities noncurrent$3,825,580
    2022general and administrative expenses$18,981,922
    2022net loss-$14,272,438
    2022total operating expenses$55,928,689
    2022net cash used in investing activities-$14,210,503
    2022continuing operationsMore than one value recorded for this year — open the FDD source before comparing-$5,072,957
    2022accretion of debt issuance costs$209,532
    2022accounts receivable$352,313
    2022accounts payable and accrued expenses$2,088,873
    2022interest paid$1,077,276
    2022cash and cash equivalents, beginning$7,181,077
    2022cash purchase price$13,632,318
    2022inventory$626,335
    2022cash and cash equivalents$2,848,939
    2022accounts receivable, net of allowance for credit losses$2,838,072
    2022discontinued operationsMore than one value recorded for this year — open the FDD source before comparing$691,541
    2022property and equipment, net$2,053,004
    2022goodwill, net$49,421,067
    2022intangibles, net$20,570,821
    2022right of use asset - operating leases, net$4,902,678
    2022capitalized contract costsMore than one value recorded for this year — open the FDD source before comparing$3,913,698
    2022other assetsMore than one value recorded for this year — open the FDD source before comparing$366,051
    2022discontinued operationsMore than one value recorded for this year — open the FDD source before comparing$5,649,309
    2022total other assets$84,823,624
    2022total assets$96,621,344
    2022accounts payable$2,579,019
    2022accrued expenses$2,289,453
    2022current portion of deferred franchise and territory fees$1,703,657
    2022total current liabilities$9,581,125
    2022deferred franchise and territory fees, net of current portion$6,581,039
    2022discontinued operationsMore than one value recorded for this year — open the FDD source before comparing$357,315
    2022total liabilities$47,432,622
    2022members’ equity$49,188,722
    2022recurring revenue$42,434,021
    2022franchise fee revenue$2,284,333
    2022foreign currency translation-$79,818
    2022total revenues$44,718,354
    2022payroll and benefits$20,314,913
    2022transaction expenses$884,988
    2022loss from operations-$11,210,335
    2022interest expense$2,434,486
    2022other expenseMore than one value recorded for this year — open the FDD source before comparing-$203,807
    2022other expenseMore than one value recorded for this year — open the FDD source before comparing$2,230,679
    2022loss from continuing operations-$13,441,014
    2022loss from discontinued operations-$831,424
    2022net loss from discontinued operations-$831,424
    2022depreciation and amortization$8,030,433
    2022net loss from continuing operations-$13,441,014
    2022loss-$24,018
    2022prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing-$1,916,684
    2022inventories-$51,635
    2022capitalized contract costsMore than one value recorded for this year — open the FDD source before comparing-$1,084,997
    2022other assetsMore than one value recorded for this year — open the FDD source before comparing-$195,350
    2022deferred franchise and territory fees$1,098,016
    2022other liabilities-$210,500
    2022operating lease assets and liabilities$72,074
    2022discontinuing operationsMore than one value recorded for this year — open the FDD source before comparing-$186,428
    2022net cash used in operating activities-$5,259,385
    2022acquisition of businesses, net of cash acquired-$13,632,318
    2022purchase of property and equipment-$479,941
    2022proceeds from sales of equipment$192,627
    2022continuing operationsMore than one value recorded for this year — open the FDD source before comparing-$13,919,632
    2022discontinuing operationsMore than one value recorded for this year — open the FDD source before comparing-$290,871
    2022payments on long-term debt-$284,375
    2022proceeds from capital contributions$15,774,578
    2022continuing operationsMore than one value recorded for this year — open the FDD source before comparing$15,490,203
    2022discontinuing operationsMore than one value recorded for this year — open the FDD source before comparing$79,560
    2022net cash provided by financing activities$15,569,763
    2022effect of exchange rate changes on cash-$140,104
    2022net increase-$4,040,229
    2022cash and cash equivalents, ending$3,140,848
    2022assets acquired$3,070,399
    2022liabilities assumed-$333,510
    2022net identifiable assets acquired$2,736,889
    2022goodwill$12,428,214
    2022net assets acquired$15,165,103
    2022less cash acquired-$32,785
    2022less units issued as consideration-$1,500,000
    2022issuance of class a units$774,578
    2022contributed capital related to acquisitions$16,500,000
    2021recurring revenue$31,818,811
    2021loss from discontinued operations-$830,729
    2021loss from operations-$8,337,566
    2021depreciation and amortization expenses$6,067,212
    2021loss from continuing operations-$9,557,237
    2021franchise fee revenue$1,148,834
    2021net cash provided by financing activities$16,455,312
    2021other liabilities$210,500
    2021discontinuing operationsMore than one value recorded for this year — open the FDD source before comparing-$1,897,023
    2021net cash used in operating activities-$3,642,091
    2021purchase of property and equipment-$871,412
    2021payment of debt issuance costs-$551,094
    2021net assets acquired$14,147,990
    2021balance, december 31, 2021$46,266,400
    2021total revenues$32,967,645
    2021cost of services$6,488,425
    2021general and administrative expenses$11,602,742
    2021payroll and benefits$15,092,714
    2021transaction expenses$2,054,118
    2021total operating expenses$41,305,211
    2021interest expense$1,364,806
    2021other expenseMore than one value recorded for this year — open the FDD source before comparing-$145,135
    2021other expenseMore than one value recorded for this year — open the FDD source before comparing$1,219,671
    2021net lossMore than one value recorded for this year — open the FDD source before comparing-$10,387,966
    2021net loss from continuing operations-$9,557,237
    2021net loss from discontinued operations-$830,729
    2021depreciation and amortization$6,067,212
    2021accretion of debt issuance costs$122,886
    2021accounts receivable-$744,466
    2021prepaid expenses and other current assets$387,382
    2021inventories-$407,450
    2021capitalized contract costs-$1,228,179
    2021other assets$162,394
    2021accounts payable and accrued expenses$896,771
    2021deferred franchise and territory fees$1,002,758
    2021continuing operationsMore than one value recorded for this year — open the FDD source before comparing-$3,087,429
    2021discontinuing operationsMore than one value recorded for this year — open the FDD source before comparing-$554,662
    2021acquisition of businesses, net of cash acquired-$11,864,149
    2021proceeds from sales of equipment$208,379
    2021continuing operationsMore than one value recorded for this year — open the FDD source before comparing-$12,527,182
    2021net cash used in investing activities-$14,424,205
    2021borrowings on long-term debt$16,000,000
    2021payments on long-term debt-$143,594
    2021proceeds from capital contributions$1,150,000
    2021continuing operationsMore than one value recorded for this year — open the FDD source before comparing$16,455,312
    2021effect of exchange rate changes on cash-$123,805
    2021net increase-$1,734,789
    2021cash and cash equivalents, beginning$8,915,866
    2021cash and cash equivalents, ending$7,181,077
    2021assets acquired$3,926,223
    2021liabilities assumed-$658,342
    2021net identifiable assets acquired$3,267,881
    2021goodwill$10,880,109
    2021less cash acquired-$133,841
    2021less units issued as consideration-$2,150,000
    2021cash purchase price$11,864,149
    2021issuance of class a units$1,150,000
    2021contributed capital related to acquisitions$5,150,000
    2021foreign currency translation-$32,060
    2021net lossMore than one value recorded for this year — open the FDD source before comparing-$10,387,966
    2020balance, december 31, 2020$50,386,426

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

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    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.