What companies do Clear Pest Pros officers have an ownership interest in?
Clear_Pest_Pros Franchise · 2025 FDDAnswer from 2025 FDD Document
Some of our officers have an ownership interest in our affiliates BELFOR, and BHI. There are no other suppliers in which any of our officers own an interest at this time, although they reserve the right to do so in the future.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 32–37)
What This Means (2025 FDD)
According to Clear Pest Pros's 2025 Franchise Disclosure Document, some of the company's officers hold ownership interests in BELFOR and BHI. This is disclosed in Item 8, which discusses restrictions on sources of products and services for franchisees.
The fact that Clear Pest Pros's officers have ownership in these affiliated companies is relevant to prospective franchisees because it indicates potential conflicts of interest. Specifically, Clear Pest Pros retains the right to derive revenue from required purchases and leases of products and services. This means that franchisees may be required to purchase goods or services from BELFOR or BHI, creating a situation where the officers of Clear Pest Pros could benefit financially from these purchases through their ownership stake.
While the FDD states that there are no other suppliers in which any of Clear Pest Pros's officers own an interest at this time, they reserve the right to do so in the future. This means that the list of affiliated companies could potentially expand, further influencing the required purchases and services for franchisees. It is important for potential franchisees to consider these relationships and how they might impact their costs and operational decisions.