Mosquito Shield Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Mosquito Shield is a home-services franchise providing seasonal mosquito and tick control for homes and businesses. Franchisees run a route-based operation applying treatments on recurring schedules within a local territory.
FranchiseVerdict summary · 2026
A MOSQUITO SHIELD franchise requires a total initial investment of $121K – $162K, including a $55K franchise fee and an ongoing 8.0% royalty[2]. Per the 2026 FDD, average unit revenue was $399K[2]. SBA 7(a) loans show a 7.7% charge-off rate across 63 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
- $121K – $162K
- 46th pct Home Services
- Avg gross sales
- $399K
- 7th pct Home Services
- Royalty
- 8.0%
- 48th pct Home Services
- Units
- 435
- 86th pct Home Services
- SBA charge-off
- 7.7%
- % 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 $121K – $162K including a $55K franchise fee, 8.0% ongoing royalty.
- RETURNSAverage unit revenue of $399K/year (median $236K).
- RISKVerdict A (Strongest tier), verdict score 84/100 (higher is better). SBA loan charge-off rate of 7.7% across 63 loans (near or below the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHSystem growing at 17.9% CAGR over 3 years with 435 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Mosquito Shield Franchise, LLC
- Parent company
- Mosquito Holdco, Inc.
- Ultimate parent
- FS PEP Holdco, LLC (affiliate of Princeton Equity Group, LLC)
- Predecessor
- Mosquito Shield Franchise Corporation
- Prior franchisor entity
- CEO title
- President
- Michael Moorhouse
- CEO experience
- 13 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- DE
- HQ
- 761 W. 1200 N., Ste 300, Springville, UT 84663
- Auditor
- Tanner LLC
- Audited financials
- Franchisor revenue
- $38.1M
- vs $47.5M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- Mosquito Shield
- Gotcha Covered Franchising
- franchises as a vendor
- Five Star Bath
- International Franchise Professionals Group
- Ellie Fam
- CMY Franchising
- SB Oil Change Franchising
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Michael Moorhouse
- Headquarters
- UT
- Founded
- 2012
- FDD year
- 2026
- States available
- 30
Can you afford it, and what does the money buy?
Entry cost runs 37% below the typical home services franchise.
Source: FDD 2026 · Items 5–7
Full Item 7 breakdown13 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $55K | $55K | |
| Annual Conference Registration Depositnot refundable | $1K | $1K | |
| Customized Vehiclenot refundable | $2K | $16K | |
| Lease and Utility Depositsnot refundable | $0 | $2K | |
| Storage-Related Expensesnot refundable | $0 | $1K | |
| Franchise Starter Packagenot refundable | $24K | $24K | |
| Business Management Softwarenot refundable | $250 | $250 | |
| Local Advertising Expenditurenot refundable | $35K | $50K | |
| Training Expensesnot refundable | $2K | $3K | |
| Insurance Premiumsnot refundable | $675 | $900 | |
| Professional Feesnot refundable | $350 | $1K | |
| Licenses and Permitsnot refundable | $50 | $100 | |
| Additional Funds -- 3 monthsnot refundable | $2K | $5K | |
| Total initial investment | $121K | $158K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $121K – $162K
- Middle of category vs category
- Liquid capital req'd
- $2K – $5K
- Top 40% of category vs category
- Franchise fee
- $55K – $55K
- Middle of category vs category
- Royalty
- 8.0%
- percentage · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 10.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 8.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Transfer fee | $15K |
| Renewal fee | $1K |
| Total fee load | 10.0% of rev |
What do units actually make?
Average unit sales run 68% below the home services norm.
Source: FDD 2026 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$36K
9.0% margin
Unlevered ROIC
25%
EBITDA / total invested capital
Payback
4.0 yrs
cash-on-cash, unlevered
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit. The target band for an attractive franchise is 30–60% ROIC. Below that and a passive index fund likely outperforms; above that and the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses. It's the top line only. Operating costs below are category estimates. Override them to match your real lease quote, labor market, and build-out budget.
Returns model · single-unit ROIC
What would one MOSQUITO SHIELD unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
25%
Below the 30–60% attractive-franchise band
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Levered LBO scenario · Yale Crease Capital framing
What would 25 MOSQUITO SHIELD units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$160K
on $798K purchase
Total debt
$638K
SBA $0.4M + senior + seller note
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
- Avg gross sales
- $399K
- Per unit, per year
- Median gross sales
- $236K
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- gross sales
- Sample size
- 66 franchisees
- vs category median 32 · large
- Range (low → high)
- $49K→$2.7M
- Cohort dispersion (min → max)
- Quartile band
- $101K→$1.0M
- Bottom 25% → top 25%
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
- Transparency
- 7 / 10
- vs category median 4 / 10 · above
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.
Unit economics
Average unit generates $399K/year in gross sales. Median is $236K — top performers pull the average up, so a typical unit earns less. Revenue-to-investment ratio: 2.8x.
Fee burden
Total ongoing fee load of 10.0% (near the Home Services average).
Disclosure
Transparency score 7/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.
Operator retention
System expanding at 17.9% CAGR over 3 years across 435 units — operators are staying and new ones are joining.
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 Shield Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 435
- Opened
- 73
- Last reporting year
- Closed
- 44
- Turnover rate
- 10.3%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- +17.9%
- Net unit change over 3 years
- 3-yr CAGR
- +17.9%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 73
- Closed (3yr)
- 1
- Terminated (3yr)
- 44
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 28
- Reacquired (3yr)
- 0
- Franchisor bought back
- Transfer rate
- 6.4%
- Owners selling to other franchisees
- Termination rate
- 10.1%
- Franchisor-initiated terminations
- Ceased ops
- 0.2%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 31 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
- 63
- Loan volume
- $12.7M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 7.7%
- 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)
- 92.3%
- 5-yr charge-off
- 7.7%
- Loans approved 2021+
- Active lenders
- 15
- Defaults
- 1
- Typical loan rate
- 7.3%
- avg rate to borrowers
- Franchised industry avg
- 13.8%
- brand beats franchise avg ↓
- Jobs supported
- 273
- 2.4 per loan
- Lender concentration
- 48%
- top lender's share
Borrower mix: 93% went to startups / new businesses, 7% 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.
Top lenders financing Mosquito Shield franchisees
Showing 3 of 15 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 Shield'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
- 6-year lending trend
Instant access. No subscription.
What could kill this investment?
SBA loans charge off at 7.7% — 52% 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
Mosquito Shield presents moderate-to-cautionary risk due to missing profitability data, slow growth metrics, and unclear royalty floor mechanics that could strain undercapitalized operators.
Litigation (Item 3)
No litigation required to be disclosed in Item 3
Largest disclosed settlement: $349,500
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Tanner LLC
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 84 / 100 verdict
- 01MINORSlow unit growth (6.9% YoY) suggests market saturation or franchisee satisfaction issues in a mature 435-unit system
- 02MEDHigh royalty floor risk — 8% minimum on 'Minimum Gross Sales' creates revenue pressure even in slow months; actual minimum threshold not disclosed
- 03MINORSeasonal service business (mosquito control peaks spring-summer) creates cash flow volatility not addressed in disclosure
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 10.0% 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 | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | exclusive |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory population | 50,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 20 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 7 |
| Mandatory arbitration | No |
| Arbitration location | Utah County, Utah (mediation/litigation, not arbitration) |
| Jury trial waiver | No |
| Governing law | UT |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed in Item 3
Items 10, 11
Training & Operations
- Classroom training
- 15 hrs
- On-the-job training
- 10 hrs
- Training location
- North Attleboro, MA or Springville, UT or as determined by franchisor
- Ongoing training
- Required
- Time to open
- 6 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- Required Software (proprietary business management/routing software)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Required Software (proprietary business management/routing software)
Item 20 · call current owners
Franchisee Contacts
168 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
MOSQUITO SHIELD · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a MOSQUITO SHIELD franchise?
The total investment to open a MOSQUITO SHIELD franchise ranges from $121K – $162K, with an initial franchise fee of $55K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do MOSQUITO SHIELD franchise owners earn?
According to Item 19 of the MOSQUITO SHIELD FDD, the average gross sales per unit is $399K. The median is $236K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Item 19 in the MOSQUITO SHIELD 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 SHIELD FDD and qualifies whose outlets they describe.
What is MOSQUITO SHIELD's franchise failure rate?
Based on SBA 7(a) loan data, MOSQUITO SHIELD has a charge-off rate of 7.7% across 63 loans, meaning 7.7% 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 SHIELD franchise locations are there?
As of their most recent FDD filing, MOSQUITO SHIELD has 435 total units in the United States, including 435 franchised units and 0 company-owned units. 73 new units were opened in the latest reporting year.
Is MOSQUITO SHIELD a good franchise to buy?
FranchiseVerdict rates MOSQUITO SHIELD as a A-grade franchise with a verdict score of 84 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
Are you the franchisor?
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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.