What financial documents must be provided to Clear Pest Pros to be eligible for a Conversion Franchise?
Clear_Pest_Pros Franchise · 2025 FDDAnswer from 2025 FDD Document
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If you are an existing pest control business that has grossed at least $100,000 in annual sales in your two (2) most recent fiscal years, then you may qualify to purchase a Clear Pest Pros Business as a conversion franchise ("Conversion Franchise"). To be eligible to purchase a Conversion Franchise, you must provide two (2) years' worth of tax returns (Form 1040 with schedule C, E, or F, Form 1065, Form 1120S, or Form 1120) and any additional information that we reasonably req
Source: Item 5 — INITIAL FEES (FDD pages 18–20)
What This Means (2025 FDD)
According to Clear Pest Pros' 2025 Franchise Disclosure Document, an existing pest control business can qualify to purchase a Clear Pest Pros franchise as a "Conversion Franchise" if they have grossed at least $100,000 in annual sales for the two most recent fiscal years. To prove eligibility, the prospective franchisee must provide two years' worth of tax returns.
The specific tax forms that are acceptable include Form 1040 with schedule C, E, or F, Form 1065, Form 1120S, or Form 1120. Clear Pest Pros also requires any additional information that they reasonably request.
This requirement ensures that Conversion Franchisees have a proven track record of financial success in the pest control industry, which can benefit both the franchisee and the Clear Pest Pros brand. By requiring these financial documents, Clear Pest Pros aims to select Conversion Franchisees who are more likely to succeed and maintain the brand's reputation.