Mosquito Joe Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Mosquito Joe is a home-services franchise providing outdoor mosquito, tick, and flea control, plus misting systems, for homes and businesses. Franchisees run a route-based operation applying barrier treatments on recurring schedules within a territory.
FranchiseVerdict summary · 2026
A Mosquito Joe franchise requires a total initial investment of $150K – $192K, including a $43K franchise fee and an ongoing 10.0% royalty[2]. The 2026 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 6.6% charge-off rate across 91 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $150K – $192K
- 60th pct Home Services
- Avg gross sales
- N/A
- Royalty
- 10.0%
- 53rd pct Home Services
- Units
- 407
- 85th pct Home Services
- SBA charge-off
- 6.6%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $150K – $192K including a $43K franchise fee, 10.0% ongoing royalty.
- RETURNSItem 19 discloses per-treatment metrics (average Gross Sales per Treatment $92.68, median $92.66, high $152.16, low $68.62 across 407 franchised businesses in 2025) rather than a single whole-unit average; therefore avg_gross_sales is left null. Whole-unit Annual Gross Sales data is disclosed by cohort (see item19_cohorts) rather than as one system-wide average.
- RISKVerdict A (Strongest tier), verdict score 64/100 (higher is better). SBA loan charge-off rate of 6.6% across 91 loans (near or below the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- FLAGBankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Mosquito Joe SPV LLC
- Parent company
- Neighborly Assetco LLC
- Ultimate parent
- Nest Holdings LP (controlled by KKR)
- Predecessor
- Mosquito Joe Franchising, LLC
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Michael Anthony Davis
- Incorporated in
- Delaware
- HQ
- 1010 North University Parks Drive, Waco, Texas 76707
- Auditor
- Not specified in text (Neighborly Assetco LLC audited financials in Exhibit C)
- Audited financials
- Franchisor revenue
- $480.8M
- vs $461.7M prior year
Overview
About
- CEO
- Michael Anthony Davis
- Headquarters
- TX
- Founded
- 2012
- FDD year
- 2026
- States available
- 38
Can you afford it, and what does the money buy?
Entry cost runs 24% below the typical home services franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $43K | $43K |
| Working capital (3–6 mo) | $17K | $28K |
| Equipment, build-out, other | $91K | $121K |
| Total initial investment | $150K | $192K |
Source: Mosquito Joe 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $150K – $192K
- Middle of category vs category
- Liquid capital req'd
- $17K – $28K
- Middle of category vs category
- Franchise fee
- $43K – $43K
- Top 40% of category vs category
- Royalty
- 10.0%
- tiered · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 12.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 10.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $474 |
| Training fee | $2K |
| Transfer fee | $8K |
| Renewal fee | $5K |
| Inventory (initial) | $6K – $7K |
| Total fee load | 12.0% of rev |
What do units actually make?
Source: FDD 2026 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Mosquito Joe did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Mosquito Joe unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
27%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
Item 19 discloses per-treatment metrics (average Gross Sales per Treatment $92.68, median $92.66, high $152.16, low $68.62 across 407 franchised businesses in 2025) rather than a single whole-unit average; therefore avg_gross_sales is left null. Whole-unit Annual Gross Sales data is disclosed by cohort (see item19_cohorts) rather than as one system-wide average.
- Item 19 type
- historical gross sales by years in business cohort
- Sample size
- 407
- vs category median 32 · large
- Range (low → high)
- $16K→$2.0M
- Cohort dispersion (min → max)
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
- Transparency
- 4 / 10
- vs category median 4 / 10 · typical
Compared against 321 Home Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 12.0% — above the Home Services average of 8.9%.
Disclosure
Item 19 reports historical gross sales by years in business cohort rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System roughly stable (+3.3% 3-year CAGR) with 407 units.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Home Services averages
How Mosquito Joe Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 407
- Opened
- 22
- Last reporting year
- Closed
- 0
- Terminated
- 23
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 1
- Term expired, not renewed (per Item 20)
- Turnover rate
- 5.9%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 1%
- vs corporate-owned
- Net growth (3-yr)
- -1.9%
- Net unit change over 3 years
- 3-yr CAGR
- +3.3%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 16
- Closed (3yr)
- 0
- Terminated (3yr)
- 23
- Non-renewed (3yr)
- 1
- Transfers (3yr)
- 18
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 36 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 91
- Loan volume
- $20.3M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 6.6%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 93.4%
- 5-yr charge-off
- 27.3%
- Loans approved 2021+
- Active lenders
- 19
- Defaults
- 6
- Typical loan rate
- 7.6%
- avg rate to borrowers
- Franchised industry avg
- 13.8%
- brand beats franchise avg ↓
- Jobs supported
- 610
- 3.0 per loan
- Lender concentration
- 43%
- top lender's share
Borrower mix: 73% went to startups / new businesses, 27% to established operators
Franchise vs independent — in exterminating and pest control services, franchised businesses charge off at 13.8% vs 12.0% for independents — franchising is associated with 15% higher SBA default risk in this category.
Vintage analysis
Mosquito Joe charge-off rate by loan vintage
Top lenders financing Mosquito Joe franchisees
Showing 3 of 19 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Mosquito Joe's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 12-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
What could kill this investment?
SBA loans charge off at 6.6% — 59% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Moderate-to-cautious investment with meaningful litigation concerns, opaque profitability data, and questions about the franchisor's marketing program credibility.
Litigation (Item 3)
Mosquito Joe SPV LLC v. Jim Drew Bailey Jr., Eld 2.0 Inc., and Taide Martina Bailey (McLennan County, TX, filed Dec 2022) - franchisor sued former franchisees for breach of franchise agreement (unpaid direct marketing fees); defendants counterclaimed in Wisconsin alleging fraudulent inducement and Wisconsin Fair Dealership Law violations. Texas court and appellate court both ruled in franchisor's favor; Wisconsin case dismissed. Separately, an affiliate (Window Genie's predecessor) entered a 2017 Consent Order with California over franchise-advertising filing violations (not involving the Franchisor).
Largest disclosed settlement: $5,000
Bankruptcy (Item 4)
Disclosed in last 7 years
No bankruptcy proceeding involving the Franchisor itself is disclosed. Item 4 discloses Chapter 11/insolvency proceedings of portfolio companies controlled by KKR (Franchisor's ultimate owner) at the time of their bankruptcy, none of which involved the Franchisor: Marelli Holdings Co. Ltd. (2025), The Collected Group LLC (2021), Envision Healthcare Corporation (2023), Genesis Care Pty Limited (2023), IPI Legacy Liquidation Co. (2023), and Café Coffee Day (2021/2024, India insolvency).
Audited financials (Item 21)
Yes · Not specified in text (Neighborly Assetco LLC audited financials in Exhibit C)
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 64 / 100 verdict
- 01HIGHActive litigation from three separate franchisees alleging breach of contract, fraudulent inducement, and misrepresentation—indicating systemic dispute patterns
- 02MEDAverage Net Income not disclosed in FDD Item 19—prevents validation of $364,223 revenue translates to actual profitability after expenses
- 03MINORSlow unit growth (5.6% YoY) on 418-unit base suggests market saturation or franchisee satisfaction issues in mature system
- 04HIGHDisputed direct marketing program at center of litigation raises questions about franchisor support model and lead generation reliability
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 12.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 30,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 10 |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | No |
| Arbitration location | McLennan County, Texas |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 1 |
View Item 3 litigation summary
Mosquito Joe SPV LLC v. Jim Drew Bailey Jr., Eld 2.0 Inc., and Taide Martina Bailey (McLennan County, TX, filed Dec 2022) - franchisor sued former franchisees for breach of franchise agreement (unpaid direct marketing fees); defendants counterclaimed in Wisconsin alleging fraudulent inducement and Wisconsin Fair Dealership Law violations. Texas court and appellate court both ruled in franchisor's favor; Wisconsin case dismissed. Separately, an affiliate (Window Genie's predecessor) entered a 2017 Consent Order with California over franchise-advertising filing violations (not involving the Franchisor).
Items 10, 11
Training & Operations
- Classroom training
- 30 hrs
- On-the-job training
- 5 hrs
- Training location
- Franchisor headquarters in Waco/Virginia Beach or virtual
- Ongoing training
- Required
- Time to open
- 2 mo
- From signing to launch
- Site selection
- franchisee, with franchisor site-selection guidelines
- Franchisor financing
- Offered
- Item 10
- POS system
- serviceminder
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: serviceminder
Item 20 · call current owners
Franchisee Contacts
189 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Mosquito Joe · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Mosquito Joe franchise?
The total investment to open a Mosquito Joe franchise ranges from $150K – $192K, with an initial franchise fee of $43K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Mosquito Joe franchise owners earn?
Mosquito Joe does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Mosquito Joe FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Mosquito Joe FDD and qualifies whose outlets they describe.
What is Mosquito Joe's franchise failure rate?
Based on SBA 7(a) loan data, Mosquito Joe has a charge-off rate of 6.6% across 91 loans, meaning 6.6% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Mosquito Joe franchise locations are there?
As of their most recent FDD filing, Mosquito Joe has 407 total units in the United States, including 407 franchised units and 0 company-owned units. 22 new units were opened in the latest reporting year.
Is Mosquito Joe a good franchise to buy?
FranchiseVerdict rates Mosquito Joe as a A-grade franchise with a verdict score of 64 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.