Though experts continue to speculate about a prospective recession, Patio Patrol, the emerging full-circle pest control concept, is still a great investment. The pest control industry has seen an increase in consumer demand over the last few years and is projected to continue along a strong upward trajectory ongoing.
Over the last five years, the industry has seen a compound annual growth rate of 6.2%, and that rate is projected to reach 8.5% by 2027.
With a spot secured in the $20 billion pest control market, Patio Patrol franchisees are positioned to see growth for years to come.
An Impending Recession Should Not Be a Hurdle
In times of economic downturn, many businesses providing less essential services will see a sharp decrease in revenue — a direct reflection of consumers’ spending habits. Things like home services, however, are typically not seen as a luxury or optimal expense to cut out. In many cases, a pest infestation is a nuisance if not downright dangerous to the health of those in the home. Once detected, homeowners experience a strong motivation to remedy the issue.
More recently, during the economic uncertainty of the pandemic, demand for home services actually increased rather than just maintaining a steady rate. When funds are scarce and the real estate market is unpredictable, many homeowners show increased interest in investing in services to better maintain their current homes.
Patio Patrol’s full-circle approach empowers franchise owners to provide multiple forms of service — integrated pest management, leaf pickup, screen repair and gutter cleaning — that, together, address both the infestation and its source. And as homeowners work to keep pests away, they are likely to enroll in recurring services, providing franchise owners even more stability and predictability.
Franchise Owners Can Start Now
Patio Patrol’s business model keeps initial and overhead costs low without sacrificing quality.
With no brick-and-mortar location required and minimal necessary inventory, the initial investment required to open a Patio Patrol business is relatively low. Patio Patrol’s parent franchisor, Threshold Brands, has also implemented a program that allows franchise owners to finance the initial franchise fee, decreasing the capital requirements even further.
Aside from an affordable initial investment, the concept’s strong support structures and powerful leadership team provide the resources franchise owners need to succeed, allowing them to focus more intently on growing the business.
Patio Patrol has an entomologist on staff to strategize solutions and provide continuing education to owners. A customer contact center works to sell to prospective customers, provide customer service to existing customers and take business calls, allowing franchise owners to focus on the rest.
Franchise owners work on the other aspects of maintaining and growing their business, equipped with best-in-class vendor partnerships, software, digital advertising and marketing and operations coaches.
With this support, many Patio Patrol franchise owners can recoup their initial investment and focus on expanding within their territory relatively quickly. Even in the face of a potential recession, the sheer demand that exists in the market paired with the excellent support provided by the Patio Patrol corporate team provides a strong foundation for franchise owners to launch their success.
For more information about Patio Patrol, visit https://franchise.patiopatrol.com/.
ABOUT PATIO PATROL:
Patio Patrol is a premium residential outdoor pest control company focused on mosquitoes, fleas, and ticks. Founded in 2017 and acquired by Threshold Brands in 2020, Patio Patrol offers outdoor pest control focused on eliminating mosquitoes, fleas, and ticks with additional services such as leaf collection, gutter cleaning and screen repair. The brand’s mission is to provide customers with full-circle coverage so they can enjoy their yards to the fullest. For more information about franchising with Patio Patrol, visit https://franchise.patiopatrol.com/.