What was the average 'Gross Booking' in USD for US Spray Net Disclosed Businesses during 2024?
Spray_Net Franchise · 2025 FDDAnswer from 2025 FDD Document
median will be the center number.
Section I CN Businesses and US Disclosed Businesses Business Performance During 2024 Calendar Year
| Gross Booking | Gross Sales (Production) USD | Gross Margin | Net Promoter | |
|---|---|---|---|---|
| USD | Score | |||
| Number of | 4 | 4 | 4 | 4 |
| Businesses | ||||
| Average | $469,436 | $442,678 | 53% | 84 |
| Median | $499,026 | $468,798 | 53% | 88 |
| High | $543,659 | $512,812 | 61% | 100 |
| Low | $336,036 | $320,304 | 47% | 62 |
| Number and | 2 (50%) | 3 (75%) | 2 (50%) | 3 (75%) |
| Percentage of | ||||
| B |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 63–72)
What This Means (2025 FDD)
According to Spray Net's 2025 Franchise Disclosure Document, the average Gross Booking for US Disclosed Businesses during 2024 was $469,436. This data is based on four US businesses that were open for 20 to 36 months as of December 31, 2024. Gross Booking is defined as the total amount of work booked by these businesses, including all jobs they were hired to perform.
It's important to note that this average is calculated from a subset of Spray Net franchisees referred to as "US Disclosed Businesses." These are the seven U.S. franchisees that operated for the entire 2024 calendar year and reported complete financial data to Spray Net. The FDD indicates that there were a total of twenty-nine franchisees open and operating in the United States as of December 31, 2024, but this average only reflects the performance of a small portion of them.
A prospective franchisee should consider that this average may not be representative of all Spray Net franchisees in the US due to the limited sample size and specific criteria for inclusion. Factors such as part-time operation, recent openings, temporary or permanent closures, and incomplete financial reporting excluded many franchisees from this calculation. Therefore, it is essential to inquire about the performance of a broader range of franchisees to gain a more comprehensive understanding of potential earnings.