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Mosquito Squad franchise financing options
Compare costs, fees and where to get financing for a Mosquito Squad.
Estimated initial costs
Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Mosquito Squad franchise may result in higher or lower fees.
Franchise feesMosquito Squad franchise fees total around $35,000, which beats out the $37,000 average for the 200 largest franchises nationwide.
|Franchise fee||$35,000 to $35,000|
|Estimated total||$35,000 to $35,000|
Equipment feesEquipment fees total $18,863 for Mosquito Squad. This is less than the $180,023 average for the top 200 franchises.
|Business outfitting fee||$5,000 to $5,000|
|Operations outfitting fee||$3,600 to $3,600|
|Truck outfitting fee||$3,500 to $3,500|
|Tools and equipment||$2,000 to $3,000|
|Computer systems||$800 to $2,000|
|Storage facility for inventory and equipment||$0 to $375|
|Vehicle||$0 to $2,250|
|Vehicle signage||$1,300 to $1,800|
|Estimated total||$16,200 to $21,525|
Training feesMosquito Squad initial training costs total $750, which comes in under the nationwide average of $9,788.
|Travel and living expenses while training||$500 to $1,000|
|Estimated total||$500 to $1,000|
Inventory costsInitial inventory for Mosquito Squad shakes out to $3,850. This is less than the nationwide average of $53,119.
|Inventory||$1,200 to $6,500|
|Estimated total||$1,200 to $6,500|
Marketing costsAdvertisement and marketing costs total up to $7,500 for Mosquito Squad, beating out the nationwide average of $9,938.
|Initial marketing expenses||$5,000 to $10,000|
|Estimated total||$5,000 to $10,000|
Insurance costsInitial insurance costs for Mosquito Squad run $2,550. This means you'll be paying less than the overall nationwide average of $6,311.
|Insurance||$2,000 to $3,100|
|Estimated total||$2,000 to $3,100|
Administrative feesMosquito Squad administrative fees total up to $3,480 — which comes in under the overall nationwide average of $6,761.
|Software||$1,500 to $5,235|
|Telephone services||$62 to $162|
|Technology fees||ServiceMinder software: Currently $185 plus $25 per user (payable directly to vendor), and a one-time $750 training fee (payable to the franchisor).|
|Estimated total||$1,562 to $5,397|
Other expensesMiscellaneous expenses for Mosquito Squad total $5,000 — less than the nationwide average of $69,970.
|Three months' additional funds||$2,500 to $7,500|
|Estimated total||$2,500 to $7,500|
How to financeSince the estimated total for Mosquito Squad is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Mosquito Squad franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Mosquito Squad about in-house financing for franchisees.
- If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $76,992 estimated opening costs.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- Apply for financing online or in person as required by the lender.
What types of financing is available?Consider one of the following options for covering a portion of the costs to open a Mosquito Squad.
- Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
- Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
- Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
- SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.
Compare small business lendersYou may not need financing to cover the estimated $63,962. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How Mosquito Squad stacks upCompare how Mosquito Squad holds up against two similarly sized franchises.
|Kiddie Academy||Mosquito Squad||Mr. Handyman|
|Average Franchise fees||$135,000||$35,000||$59,900|
|Average Equipment fees||$379,750||$18,863||$14,675|
|Average Real estate fees||$62,500||NA||$1,875|
|Average Training fees||$6,500||$750||$3,500|
|Average Inventory fees||NA||$3,850||NA|
|Average Marketing fees||$35,000||$7,500||NA|
|Average Licenses and permits fees||$3,000||NA||$550|
|Average Insurance fees||$6,250||$2,550||$2,300|
|Average Admin fees||$32,500||$3,480||NA|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||$87,500||$5,000||NA|
Bottom lineMosquito Squad franchise costs run a total of $76,992. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.
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