Rank no.89 – Weed Man – US

Rank no.89 – Weed Man – US


Rank no.89 – Weed Man – US

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Products & Services: Lawn care

Number of Locations: 446

Total Investment: $67.05K – 84.11K

Founded: 1970

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.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 308 133 5 0
2012 261 133 5 0
2011 242 118 0 0
2009 238 118 4 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Eastern Europe.

Startup Costs, Ongoing Fees and Financing

Total Investment: $67,053 – $84,113
Franchise Fee: $20,000 – $33,750
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS

Net Worth: $60,000
Liquid Cash Available: $30,000

OPERATIONS

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
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee’s location: 2-4 days. At various locations : 3 days.
Ongoing Support: Newsletter, Meetings, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: National media,

Franchise Ranking History

Franchise 500®: #89 (2013), #105 (2012), #390 (2009),
Fastest-Growing: #72 (2013),
Top Home-Based: #15 (2013), #23 (2012),
America’s Top Global: #89 (2013), #87 (2012),