FranchiseVerdict
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FV-01927·STRONGExcellent95

Pestmaster

Home Services - Pest ControlFranchising since 2020Website
Investment
$93K – $209K
36th pct Pest Control
Avg revenue
$514K
32nd pct Pest Control
Royalty
7.0%
5th pct Pest Control
Units
78
45th pct Pest Control
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $93K – $209K including a $43K franchise fee, 7.0% ongoing royalty.
  • Average unit revenue of $514K/year (median $148K).
  • Rated STRONG with a risk score of 47/100. SBA loan default rate of 0.0% across 9 loans (below the industry average).
  • System growing at 44.2% CAGR over 3 years with 78 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
PESTMASTER FRANCHISE NETWORK, LLC
Parent company
Threshold Brands, LLC
Incorporated in
Delaware
HQ
4750 Longley Lane, Suite 210, Reno, NV 89502
Auditor
Plante & Moran, PLLC
Audited financials
Franchisor revenue
$49.0M
vs $47.9M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Pestmaster unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $514,024
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $93K–$209K
Working capital
$
FDD reports $20K–$40K

Unlevered ROIC · per unit

28%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$51K
EBITDA margin
10.0%
Total invested
$181K
Payback
42 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Pestmaster units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$308K

on $1.5M purchase

Total debt

$1.2M

SBA $0.8M + senior + seller note

Overview

About

Pestmaster franchisees operate residential and commercial pest control services, conducting inspections, treating infestations, and providing ongoing prevention maintenance. Day-to-day operations involve dispatching technicians to customer locations, managing service calls, and handling customer acquisition and retention within their protected territory.

CEO
Theodore Demarino
Founded
2020
FDD year
2026
States available
26

Item 7 · what it costs

The Vitals

Total investment
$93K – $209K
All-in to open one unit
Liquid capital
$20K – $40K
Cash you must have on hand
Franchise fee
$43K
Royalty
7.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$514K
Per unit, per year
Median gross sales
$148K
Item 19 type
Gross Sales
Sample size
33 units
vs category median 33
Range (low → high)
$27K$7.0M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank32th
vs Home Services - Pest Control peers
Investment cost rank36th
Lower investment ranks lower (better)
Royalty rate rank5th
Lower royalty = lower percentile (better)
Unit count rank45th
vs Home Services - Pest Control peers
Risk score rank14th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
78
Opened
18
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
3
Corporate units in the system
% franchised
96%
vs corporate-owned
Net growth (yr3)
+31.6%
Net unit change last year
3-yr CAGR
+44.2%
Compounded over last 3 years
2024
75+18
Franchised units
2025
57
Franchised units
2026
52
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 30 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 30 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
9
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

47
Risk · 0-100
STRONG47 / 100

Pestmaster presents moderate-to-caution risk due to missing profitability data, affiliate litigation history, and high royalty minimums that could squeeze franchisee margins despite solid unit growth.

Score breakdown · what drove the 47 / 100 rating

  1. 01MINORNo average net income disclosure (Item 19) prevents accurate ROI analysis on $92,850-$208,600 investment
  2. 02MINORParent company affiliate (MaidPro) had 2025 SEC compliance violation involving franchise fee deferral practices, raising governance concerns
  3. 03MINOR31.6% YoY unit growth appears strong but absolute unit count (78) is relatively small, limiting statistical significance
  4. 04MINORHigh minimum royalty (7% of gross sales floor) creates cash flow pressure for franchisees in slower months
  5. 05MINOR5-year term is shorter than industry standard (10 years), requiring earlier contract renegotiation

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
1.5 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Nevada

Item 11

Training & Operations

Classroom training
17 hrs
On-the-job training
29 hrs
POS system
QuickBooks
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

65 numbers

Locked
(410) 576-••••
MD
(408) 898-••••
CA
(651) 539-••••
MN

One-time purchase · CSV download · Validation questions included

FDD download

Pestmaster · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above