In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:

Section I – Estimated initial investment (franchise costs) for a Spray Foam Genie franchise, based on Item 7 of the company’s 2022 FDD

Section II – Initial franchise fee, royalty fee, and marketing fee for a Spray Foam Genie franchise, based on Items 5 and 6 of the company’s 2022 FDD

Section III – Number of franchised and company-owned Spray Foam Genie outlets at the start of the year and the end of the year for 2019, 2020, and 2021, based on Item 20 of the company’s 2022 FDD

Section IV – News updates on the Spray Foam Genie franchise opportunity

Section V – Presentation and analysis of Spray Foam Genie’s financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2022 FDD, including information on the:

• 2020, 2021, and 2022 (January to May) total revenue, expenses, and net profit owner/operator for the one company-owned Spray Foam Genie location that was open during the entire applicable reporting period

Section VI – Key ratios, comparables, computations, and analyses for the Spray Foam Genie franchise opportunity (exclusive content for Platinum subscribers)

Section I – Spray Foam Genie Franchise Costs

• Spray Foam Genie franchise costs, based on Item 7 of the company’s 2022 FDD:

• Initial Franchise Fee:  $62,500
• Your Training Expenses:  $1,500 to $2,000
• Utilities Deposits:  $1,000 to $1,500
• Leasehold Improvements, Construction, and/or Remodeling:  $2,000 to $5,000
• Furniture, Fixtures, and Equipment:  $15,000 to $18,000
• Business Licenses and Permits:  $200 to $700
• Initial Foam Purchase:  $35,000
• Spray Guns:  $4,000
• Trailer-Rig Financing:  $20,000 to $35,000
• Truck Lease:  $3,000 to $25,000
• Computer Equipment:  $2,000 to $2,500
• Professional Fees:  $1,000 to $2,000
• Grand Opening Advertising:  $6,000
• Insurance:  $8,000 to $10,000
• Rent (2 months):  $12,000 to $20,000
• Operating Expenses/Additional Funds (3 months):  $70,000
• Total Estimated Spray Foam Genie Franchise Costs:  $177,500 to $299,200

Section II – Spray Foam Genie’s Initial Franchise Fee, Royalty Fee, and Marketing Fee

• Spray Foam Genie’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2022 FDD:

• Initial Franchise Fee:  $62,500
• Royalty Fee:  6% of weekly Gross Revenue for the preceding week or a minimum payment, whichever is greater
• Brand Development Fund Contribution:  1% of weekly Gross Revenue
• Local Advertising:  $2,000 per month

Section III – Number of Franchised and Company-Owned Spray Foam Genie Outlets

Franchised

2019

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

2020

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

2021

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

Company-Owned

2019

• Outlets at the Start of the Year:  1
• Outlets at the End of the Year:  1
• Net Change:  0

2020

• Outlets at the Start of the Year:  1
• Outlets at the End of the Year:  1
• Net Change:  0

2021

• Outlets at the Start of the Year:  1
• Outlets at the End of the Year:  1
• Net Change:  0

Section IV – News Updates on the Spray Foam Genie Franchise

• Four and Counting as Phoenix Franchise Brands Builds Portfolio

• Spray Foam Genie Did Not Rank on Entrepreneur’s 2023 Franchise 500 List

Section V – Financial Performance Representations (Average Revenues and/or Profits) for the Spray Foam Genie Franchise (Item 19, 2022 FDD)

• The term “Total Revenue” means the total revenue derived from the sale of goods or services less sales tax, discounts, allowances, and returns.

• This financial performance representation is for a company-owned location that does not pay or make Royalty Fees or National Advertising Contributions. The Royalty Fees or National Advertising Contributions have been calculated and imputed here based on the company-owned location’s earnings.

• The truck lease and trailer-rig are based on having 2 trucks and 2 trailer-rigs.

• Spray Foam Genie’s affiliate-owned outlet has earned this amount. Your individual results may differ. There is no assurance you’ll earn as much.

2020

Total Revenue:  $1,614,232.55 (100.0%)

Expenses

• Royalty (6%):  $96,853.95 (6.0%)
• Brand Fund (1%):  $16,142.33 (1.0%)
• Call Center Fund:  $24,000.00 (1.5%)
• Trailer-Rig:  $39,504.68 (2.4%)
• RIG Monthly Service Fee:  $1,500.00 (0.1%)
• RIG Annual Inspection (AD Travels to Site for Inspection):  $1,500.00 (0.1%)
• Insurance (Truck & Trailer):  $9,876.67 (0.6%)
• Truck Lease Payment:  $19,213.46 (1.2%)
• Fuel:  $40,512.94 (2.5%)
• Labor (4 Guys):  $220,543.21 (13.7%)
• Manager:  $78,346.74 (4.9%)
• Payroll Service:  $10,954.12 (0.7%)
• Trailer-Rig Parts & Repair:  $24,367.32 (1.5%)
• Job Software:  $14,400.00 (0.9%)
• Shop Rent:  $42,000.00 (2.6%)
• Marketing:  $24,000.00 (1.5%)
• Safety Supplies:  $3,147.62 (0.2%)
• SFG Approved Spray Foam:  $406,109.43 (25.2%)
• Total Expenses Owner/Operator:  $1,063,365.74 (65.9%)

Net Profit Owner/Operator:  $541,260.08 (33.5%)

2021

Total Revenue:  $1,684,250.07 (100.0%)

Expenses

• Royalty (6%):  $101,055.00 (6.0%)
• Brand Fund (1%):  $16,842.50 (1.0%)
• Call Center Fund:  $24,000.00 (1.4%)
• Trailer-Rig:  $39,504.68 (2.3%)
• RIG Monthly Service Fee:  $1,500.00 (0.1%)
• RIG Annual Inspection (AD Travels to Site for Inspection):  $1,500.00 (0.1%)
• Insurance (Truck & Trailer):  $9,876.67 (0.6%)
• Truck Lease Payment:  $19,213.46 (1.1%)
• Fuel:  $41,297.52 (2.5%)
• Labor (4 Guys):  $229,672.34 (13.6%)
• Manager:  $78,346.74 (4.7%)
• Payroll Service:  $11,574.56 (0.7%)
• Trailer-Rig Parts & Repair:  $25,758.79 (1.5%)
• Job Software:  $14,400.00 (0.9%)
• Shop Rent:  $42,000.00 (2.5%)
• Marketing;  $24,000.00 (1.4%)
• Safety Supplies:  $3,253.78 (0.2%)
• SFG Approved Spray Foam:  $424,266.08 (25.2%)
• Total Expenses Owner/Operator:  $1,098,107.51 (65.2%)

Net Profit Owner/Operator:  $576,535.83 (34.2%)

2022 YTD (Jan-May)

Total Revenue:  $743,266.43

Expenses

• Royalty (6%):  $44,595.99
• Brand Fund (1%):  $7,432.66
• Call Center Fund:  $10,000.00
• Trailer-Rig:  $7,900.94
• RIG Monthly Service Fee:  $625.00
• RIG Annual Inspection (AD Travels to Site for Inspection):  $1,500.00
• Insurance (Truck & Trailer):  $4,115.28
• Truck Lease Payment:  $4,115.28
• Fuel:  $19,753.38
• Labor (4 Guys):  $84,878.36
• Manager:  $32,644.48
• Payroll Service:  $4,564.22
• Trailer-Rig Parts & Repair:  $9,852.26
• Job Software:  $6,000.00
• Shop Rent:  $17,500.00
• Marketing:  $10,000.00
• Safety Supplies:  $1,348.33
• SFG Approved Spray Foam:  $207,781.26
• Total Expenses Owner/Operator:  $494,082.26

Net Profit Owner/Operator:  $269,079.44

Section VI – Spray Foam Genie Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️