Spray Foam Genie Franchise Prices, Charges, Revenues, Earnings (2023 Evaluate)

On this unique Franchise Chatter FDD Discuss put up, you’ll study the next:

Part I – Estimated preliminary funding (franchise prices) for a Spray Foam Genie franchise, based mostly on Merchandise 7 of the corporate’s 2022 FDD

Part II – Preliminary franchise charge, royalty charge, and advertising and marketing charge for a Spray Foam Genie franchise, based mostly on Objects 5 and 6 of the corporate’s 2022 FDD

Part III – Variety of franchised and company-owned Spray Foam Genie shops in the beginning of the 12 months and the top of the 12 months for 2019, 2020, and 2021, based mostly on Merchandise 20 of the corporate’s 2022 FDD

Part IV – Information updates on the Spray Foam Genie franchise alternative

Part V – Presentation and evaluation of Spray Foam Genie’s monetary efficiency representations (common revenues and/or earnings), based mostly on Merchandise 19 of the corporate’s 2022 FDD, together with info on the:

• 2020, 2021, and 2022 (January to Could) complete income, bills, and web revenue proprietor/operator for one company-owned location that was open throughout your complete relevant reporting interval

Part VI – Key ratios, comparables, computations, and analyses for the Spray Foam Genie franchise alternative (unique content material for Platinum subscribers)

Part I – Spray Foam Genie Franchise Prices

• Spray Foam Genie franchise prices, based mostly on Merchandise 7 of the corporate’s 2022 FDD:

• Preliminary Franchise Charge:  $62,500
• Your Coaching Bills:  $1,500 to $2,000
• Utilities Deposits:  $1,000 to $1,500
• Leasehold Enhancements, Building, and/or Transforming:  $2,000 to $5,000
• Furnishings, Fixtures, and Tools:  $15,000 to $18,000
• Enterprise Licenses and Permits:  $200 to $700
• Preliminary Foam Buy:  $35,000
• Spray Weapons:  $4,000
• Trailer-Rig Financing:  $20,000 to $35,000
• Truck Lease:  $3,000 to $25,000
• Pc Tools:  $2,000 to $2,500
• Skilled Charges:  $1,000 to $2,000
• Grand Opening Promoting:  $6,000
• Insurance coverage:  $8,000 to $10,000
• Lease (2 months):  $12,000 to $20,000
• Working Bills/Further Funds (3 months):  $70,000
• Whole Estimated Spray Foam Genie Franchise Prices:  $177,500 to $299,200

Part II – Spray Foam Genie’s Preliminary Franchise Charge, Royalty Charge, and Advertising and marketing Charge

• Spray Foam Genie’s preliminary franchise charge, royalty charge, and advertising and marketing charge, based mostly on Objects 5 and 6 of the corporate’s 2022 FDD:

• Preliminary Franchise Charge:  $62,500
• Royalty Charge:  6% of weekly Gross Income for the previous week or a minimal cost, whichever is larger
• Model Growth Fund Contribution:  1% of weekly Gross Income
• Native Promoting:  $2,000 per 30 days

Part III – Variety of Franchised and Firm-Owned Spray Foam Genie Retailers

Franchised

2019

• Retailers on the Begin of the 12 months:  0
• Retailers on the Finish of the 12 months:  0
• Web Change:  0

2020

• Retailers on the Begin of the 12 months:  0
• Retailers on the Finish of the 12 months:  0
• Web Change:  0

2021

• Retailers on the Begin of the 12 months:  0
• Retailers on the Finish of the 12 months:  0
• Web Change:  0

Firm-Owned

2019

• Retailers on the Begin of the 12 months:  1
• Retailers on the Finish of the 12 months:  1
• Web Change:  0

2020

• Retailers on the Begin of the 12 months:  1
• Retailers on the Finish of the 12 months:  1
• Web Change:  0

2021

• Retailers on the Begin of the 12 months:  1
• Retailers on the Finish of the 12 months:  1
• Web Change:  0

Part IV – Information Updates on the Spray Foam Genie Franchise

Part V – Monetary Efficiency Representations (Common Revenues and/or Earnings) for the Spray Foam Genie Franchise (Merchandise 19, 2022 FDD)

• The time period “Whole Income” means the whole income derived from the sale of products or providers much less gross sales tax, reductions, allowances, and returns.

• This monetary efficiency illustration is for a company-owned location that doesn’t pay or make Royalty Charges or Nationwide Promoting Contributions. The Royalty Charges or Nationwide Promoting Contributions have been calculated and imputed right here based mostly on the company-owned location’s earnings.

• The truck lease and trailer-rig are based mostly on having 2 vehicles and a pair of trailer-rigs.

• Spray Foam Genie’s affiliate-owned outlet has earned this quantity. Your particular person outcomes could differ. There isn’t a assurance you’ll earn as a lot.

2020

Whole Income:  $1,614,232.55 (100.0%)

Bills

• Royalty (6%):  $96,853.95 (6.0%)
• Model Fund (1%):  $16,142.33 (1.0%)
• Name Heart Fund:  $24,000.00 (1.5%)
• Trailer-Rig:  $39,504.68 (2.4%)
• RIG Month-to-month Service Charge:  $1,500.00 (0.1%)
• RIG Annual Inspection (AD Travels to Web site for Inspection):  $1,500.00 (0.1%)
• Insurance coverage (Truck & Trailer):  $9,876.67 (0.6%)
• Truck Lease Cost:  $19,213.46 (1.2%)
• Gasoline:  $40,512.94 (2.5%)
• Labor (4 Guys):  $220,543.21 (13.7%)
• Supervisor:  $78,346.74 (4.9%)
• Payroll Service:  $10,954.12 (0.7%)
• Trailer-Rig Elements & Restore:  $24,367.32 (1.5%)
• Job Software program:  $14,400.00 (0.9%)
• Store Lease:  $42,000.00 (2.6%)
• Advertising and marketing:  $24,000.00 (1.5%)
• Security Provides:  $3,147.62 (0.2%)
• SFG Authorized Spray Foam:  $406,109.43 (25.2%)
• Whole Bills Proprietor/Operator:  $1,063,365.74 (65.9%)

Web Revenue Proprietor/Operator:  $541,260.08 (33.5%)

2021

Whole Income:  $1,684,250.07 (100.0%)

Bills

• Royalty (6%):  $101,055.00 (6.0%)
• Model Fund (1%):  $16,842.50 (1.0%)
• Name Heart Fund:  $24,000.00 (1.4%)
• Trailer-Rig:  $39,504.68 (2.3%)
• RIG Month-to-month Service Charge:  $1,500.00 (0.1%)
• RIG Annual Inspection (AD Travels to Web site for Inspection);  $1,500.00 (0.1%)
• Insurance coverage (Truck & Trailer):  $9,876.67 (0.6%)
• Truck Lease Cost:  $19,213.46 (1.1%)
• Gasoline:  $41,297.52 (2.5%)
• Labor (4 Guys):  $229,672.34 (13.6%)
• Supervisor:  $78,346.74 (4.7%)
• Payroll Service:  $11,574.56 (0.7%)
• Trailer-Rig Elements & Restore:  $25,758.79 (1.5%)
• Job Software program:  $14,400.00 (0.9%)
• Store Lease:  $42,000.00 (2.5%)
• Advertising and marketing;  $24,000.00 (1.4%)
• Security Provides:  $3,253.78 (0.2%)
• SFG Authorized Spray Foam:  $424,266.08 (25.2%)
• Whole Bills Proprietor/Operator:  $1,098,107.51 (65.2%)

Web Revenue Proprietor/Operator:  $576,535.83 (34.2%)

2022 YTD (Jan-Could)

Whole Income:  $743,266.43

Bills

• Royalty (6%):  $44,595.99
• Model Fund (1%):  $7,432.66
• Name Heart Fund:  $10,000.00
• Trailer-Rig:  $7,900.94
• RIG Month-to-month Service Charge:  $625.00
• RIG Annual Inspection (AD Travels to Web site for Inspection):  $1,500.00
• Insurance coverage (Truck & Trailer):  $4,115.28
• Truck Lease Cost:  $4,115.28
• Gasoline:  $19,753.38
• Labor (4 Guys):  $84,878.36
• Supervisor:  $32,644.48
• Payroll Service:  $4,564.22
• Trailer-Rig Elements & Restore:  $9,852.26
• Job Software program:  $6,000.00
• Store Lease:  $17,500.00
• Advertising and marketing:  $10,000.00
• Security Provides:  $1,348.33
• SFG Authorized Spray Foam:  $207,781.26
• Whole Bills Proprietor/Operator:  $494,082.26

Web Revenue Proprietor/Operator:  $269,079.44

Part VI – Spray Foam Genie Franchise Ratios, Comparables, Computations, and Analyses (Unique Content material for Platinum Subscribers) ⬇️