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Buying a franchise location and business ownership is a decision that shouldn't be taken lightly, just like any other investment. Here you can learn the key facts about Lawn Doctor before making your final decision about buying a franchise.
What is Lawn Doctor?
Lawn Doctor is one of the top franchises in the industry, with years of experience in helping franchisees set up new locations. Consumers repeat services from Lawn Doctor because they give customer satisfaction and effective professional solutions.
Lawn Doctor offers personalized lawn care solutions to residential and business consumers, including lawn services, pest control, and tree and shrub care.
What Does a Lawn Doctor Franchise Cost?
The cost of setting up a new Lawn Doctor location varies on several factors, and each franchise is different in that regard. There’s also a difference between setting up a completely new location or only rebranding an already existing business.
Cost of Starting a Business
The cost of starting a new franchise location for Lawn Doctor is an initial fee of $35,000 with monthly royalties of 10% while having at least $60,000 of capital on hand, and a net worth of $200,000. Plus costs of marketing materials and buying equipment, you can expect a total investment of somewhere between $100,015 - $125,065. That's the sum of the initial investment and costs of marketing materials as well as equipment.
Cost of Rebranding a Business
Rebranding a location might save some money, especially when leasing a new property or building a new location, but there are still costs involved in rebranding. Just like a new location, a new, rebranded franchise location for Lawn Doctor is an initial fee of $35,000 with monthly royalties of 10% while having at least $60,000 of capital on hand, and a net worth of $200,000. Plus costs of marketing materials and buying equipment, you can expect a total investment of somewhere between $100,015 - $125,065.
Franchise Review
Lawn Doctor franchise can count on their franchisees to give a good, or great, word on their behalf.
Fees
Franchise initial fee: $35,000
Investment: $100,015 – $125,065
Net Worth: $200,000
Royalty Fee: 10.0%
Profits
Franchisees from Lawn Doctor have average gross profit margins of 84% with multiple recurring revenue streams.
Advantages Of Acquiring a Lawn Doctor Franchise
A Lawn Doctor franchise has a lot of advantages over starting your own business, especially when it comes to the established brand you’re joining, the know-how, the standardized procedures, a brand consumers trust, and other factors.
Brand Recognition
As a Lawn Doctor franchisee, you are also getting the right to be part of the success rate involved with Lawn Doctor and have to only worry about setting up and managing the franchise successfully. The business model is already taken care of!
As we mentioned, joining Lawn Doctor as a franchisee ensures you are buying into the trust already established by the franchise. You don’t have to worry about the hard work involved in building a brand consumers trust. You’re paying to use Lawn Doctor’s recognition.
What is Included With A Lawn Doctor Franchise?
Being a franchisee for Lawn Doctor comes with a lot of responsibilities, but also benefits, which include:
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Training
Training for managers and employees, at no extra cost. -
Exclusive Territories
Exclusive rights to a franchise territory. No other franchise location will be established within a determined territory. -
Obligations and restrictions
Clear obligations and restrictions about the supplies, services, marketing, and processes that a franchise must comply with. -
Financial Assistance
Lawn Doctor offers assistance with creditors and loans in order to invest in supplies and other expenses. -
Terms of Renewal
The terms of renewal are established in the franchise agreement reviewed and signed at the beginning of the process to set up a new location.
Best Candidate For a Lawn Doctor Franchise
A Lawn Doctor franchisee must be hard-working, goal-oriented, and have some previous management experience, along with the ability to be proactive when looking for new ways to improve the franchise as a whole. Above all else, the franchisee must be sure they are completely on board with Lawn Doctor’s business model and culture.
Entrepreneurs
An entrepreneurial spirit is key for Lawn Doctor franchisees. It might not be your own business, but each franchise location can be just as demanding as a new business and will require finding solutions quickly and innovating from time to time.
Corporate professionals
Professionalism is required for any business, and especially for Lawn Doctor. Franchising is about effective communication, honesty, hard work, respect for processes, and the responsibilities of managing a Lawn Doctor location.
Experts
Having expertise in the lawn care industry is an advantage, or at least having the skills necessary to excel in it.
Lawn Doctor Franchise Owner Salary
The Lawn Doctor franchise owner’s salary depends on the location, and other considerations, but the lawn care and landscaping industry usually pay owners anything from $40,000 to $70,000 yearly, depending on sales.
If you’re into lawn fertilization, custom lawn care solutions, and landscape services, you can become part of the lawn doctor family. People trust Lawn Doctor lawn and landscape services.
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