What does the high-end estimate for the approved vehicle lease payments for Spray Net assume?

According to Spray Net's 2025 Franchise Disclosure Document, the high-end estimate for approved vehicle lease payments assumes that a new franchisee will need to lease a vehicle that meets Spray Net's standards and specifications. This vehicle is required to tow the Mobile Services Unit. The high-end estimate of $3,600 is designed to cover the estimated lease payments for the first three months of operation.

In practical terms, this means a prospective Spray Net franchisee should budget up to $3,600 for vehicle lease payments during their initial three months if they do not already own a suitable vehicle. This cost is in addition to other initial investments such as the franchise fee, training fee, and marketing expenses. It is important to note that this is just an estimate, and actual lease payments may vary depending on the specific vehicle leased and the terms of the lease agreement.

Spray Net requires that the vehicle meets certain system standards and specifications, and must be leased from a third-party lessor. This requirement ensures that all Spray Net franchisees use vehicles that are appropriate for the business and maintain a consistent brand image. Franchisees should carefully review the vehicle requirements and lease options with Spray Net and potential lessors to ensure they select a vehicle that meets their needs and budget.

It is also important to consider that the low-end estimate for approved vehicle lease payments is $0, which assumes that the franchisee already owns a vehicle that meets Spray Net's standards. Therefore, the decision to lease a vehicle will depend on the franchisee's individual circumstances and whether they already have a suitable vehicle available.