Rank no.89 – Weed Man – US
Products & Services: Lawn care
Number of Locations: 446
Total Investment: $67.05K – 84.11K
Began Franchising: 1976
About Weed Man
Des Rice founded Weed Man in 1970 in Toronto, Ontario. The private company began franchising in 1976 and has locations throughout Canada and the United States. A master licensee of Turf Management Systems Inc., Weed Man has been franchising in the United States since 1996. Franchisees may start independent locations or convert existing operations into Weed Man franchises.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $20,000 – $33,750
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $60,000
Liquid Cash Available: $30,000
Franchise can be run from home. 5% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4 – 6. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|