How Pestmaster Franchise Owners Are Reaping Benefits of Industry Trends

As people have become more and more interested in the cleanliness of their homes and public spaces, pest service franchise owners are more likely to benefit from impressive market growth and profitability.

Pestmaster, the 57+ unit pest control franchise, specializes in pest management, rodent control, vegetation management and wildlife removal and exclusion services. Founded in 1979, Pestmaster has over 40 years of experience offering services to residential and commercial clients in this $26.2 billion industry. Due to the current industry trends, now is a great time to invest in a Pestmaster franchise.

Increased Desire for Cleanliness

Consumers and businesses alike are more aware of cleanliness than ever before. This can largely be attributed to the pandemic; since its onset, 82% of people have changed their mindset towards cleaning, becoming more mindful of how they clean their homes. This is good news for Pestmaster franchise owners as pest control services play a huge part in keeping homes clean.

Beyond the home, 90% of people are more conscientious about cleaning practices in public spaces than in previous years. This heightened awareness is likely to lead commercial businesses to spend more money on pest control going forward.

While households and businesses seek a higher degree of cleanliness, there is also a greater priority on environmentally friendly practices than ever before. This means that companies, such as Pestmaster, that provide clients with effective environmentally sensitive options are positioned very competitively within the industry.

Predicted Continued Market Growth

Given these trends, the industry of pest services is predicted to continue growing. The revenue for the pest control services industry has grown by an annualized 7.0% to $26.2 billion over the past five years. This includes a 1.7% increase in 2023, when the profit margin is expected to reach 13.1%.

Moving forward, even more growth can be expected, with a 6.3% compound annual growth rate predicted. The market size is expected to reach an impressive $31.94 billion by the year 2027.

Franchising with Pestmaster

Pestmaster allows franchise owners the opportunity to meet the growing demand for pest control services in both residential and commercial properties. This turn-key business model is positioned well for growth and profitability in the years to come.

What’s more, in 2021, Pestmaster was acquired by Threshold Brands, adding even more knowledge and experience to the leadership team. The level of industry knowledge and expertise provided by Pestmaster and Threshold brands is unmatched, so franchise owners can rest assured that not only are they entering a booming industry, but they are doing so with a solid support system behind them.

The total investment cost to purchase a Pestmaster franchise ranges from $84,600 to $188,800 including a $42,500 franchise fee. To find out more information, please visit https://1851franchise.com/pestmaster/info.