This MosquitoNix Franchise business has tremendous growth potential.
This business is currently generating $186,000 in annual RECURRING REVENUE.
The business includes exclusive Birmingham Metro and Huntsville Metro franchise territories in Alabama. Together these territories include the entire northern third of the state. Located in the "Mountain Lakes" area of northern Alabama, the territories include extensive in-town, residential, and lakefront properties with a very high prevalence of mosquito control needs, providing unlimited business opportunities. There is little in the way of competition, resulting in unlimited growth potential in this large, exclusive territory.
This business has earned and maintained an A+ rating with the BBB.
This is a TURN KEY opportunity. Everything needed to start the upcoming mosquito season is in place and ready to begin service. Book of business includes 166 long term misting system customers, several pending/closable system quotes, along with 80 2014 fogging customers.
MosquitoNix franchises provide comprehensive mosquito control services via two delivery options - permanently installed, automated misting systems, and QuickNix fogging/granule application treatments. Both service lines are guaranteed to be extremely effective, resulting in a high level of customer loyalty and retention - greater than 95%.
MosquitoNix Misting Systems provide 24/7 control of mosquitoes and many other flying/biting insects via automated misting cycles, with immediate remote control activation as needed. Misting customers become long term sources of RECURRING REVENUE via billing for system maintenance, service, and warranty protection. Average revenue per customer in these territories is $1,150/yr. Misting business increases annually, building an ever increasing source of recurring revenue. Average system installation cost is approximately $2,500.
Asking price includes book of business currently providing $186,000 in annual RECURRING REVENUE.
Spider control is a major issue in these territories, especially with lake front properties. Misting Systems are installed and operated specifically for the purpose of spider control on eaves of homes as well as inside and outside of boathouses. These installations also provide mosquito control as well. Tremendous opportunities exist to expand this segment around the multiple lakes in the territories.
QuickNix fogging/granule application services are provided on a twice a month schedule. Fogging provides immediate kill, while granules inhibit mosquito breeding. This business is recruited each season, with a very high profit margin to augment the recurring revenue base of the misting business. We focused on building Misting System business until last season. In our first season modestly pursuing QuickNix business in 2014, we recruited 80 customers. There is unlimited growth potential in this high margin market segment. Contact info for these 80 customers is on hand for recruitment this season.
This is a seasonal business, running from early April thru October, with the entire holiday season free. Prep for upcoming season begins late February. Some customers pay annually. Many pay monthly over the 12 months of the year, generating off season revenue to cover fixed overhead.
This business has a social media presence, with a well developed and active FaceBook page. We achieve exposure to all other facets of social media via the Yext network.
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