Sounds like a fantastic business proposition!
The franchise fee is $39,995. Included in the fee is an exclusive territory, use of the Monster Tree Service brand name, operating systems, logo, trade dress, comprehensive training program and ongoing support. Your territory is based on a population of up to 250,000 people, based upon zip codes and it is the franchisee’s option to purchase additional larger territory. Development and conversion agreements are also available.
What are the ongoing fees?
You will be required to pay royalties on gross sales at a rate of 6.5% on the first $1 million annually and 5% on sales in excess of $1 million annually. There is a 1% brand development fee.
What do I need financially to open a Monster Tree Service?
We require potential franchisees to have a minimum of $250,000 net worth with at least $100,000 in liquid capital.
Is financing available?
Yes, Monster Franchise, LLC offers up to 50% of the franchise fee based on the creditworthiness of the applicant.
What equipment do I need to purchase?
You will need a dependable sales vehicle that portrays a proper business appearance for on-site sales estimates. You do not need to purchase a new sales vehicle and may use your personal car, van or sport utility vehicle with appropriate branding. In addition, you will need a bucket truck, chip truck, wood chipper, skid loader, a variety of chain saws and rigging gear to operate your Monster Tree Service franchise.