Spray-Net

Digging into the 2025 FDD, the initial franchise fee hits $54,500 for exclusive territories and the Spray-Net system, including a mobile trailer setup from a home office. No ongoing royalties or ad fund sweetens the deal, but expect $680 monthly fixed fees ($350 software, $40 Spray-Pal, $290 call center) plus 0.25% of gross sales for software. Item 19 shines with average gross revenue at $557,539 and median $493,462 across locations; estimated profits range $111,566-$119,561 despite a 0% EBITDA margin, suggesting tight expenses or variability. With only 29 units since 2016, it's a young Canadian brand (HQ in Boucherville, QC) showing 7% growth from 27 to 29 locations last year, 2 terminations, 1 transfer, and 5 projected new units.

System health looks stable but small-scale: low terminations signal retention, yet one arbitration over alleged FDD deficiencies (seeking rescission) warrants a close read of Item 20. For buyers eyeing home services, Spray-Net's no-royalty structure could mean keeping more revenue if you hit those medians, especially in underserved territories. Growth trajectory supports scalability, but the 0% margin flags potential for optimization—proven sales skills will be key to pushing beyond median performance.