What was the highest 'Gross Booking' achieved by a US Spray Net Disclosed Business 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 | ||||
| Businesses that Met | ||||
| or Exceeded the | ||||
| Average | US Disclosed Businesses Open for 20 to 36 Months as of December 31, 2024 | |||
| Gross Booking USD | Gross Sales (Production) USD | Gross Margin | Net Promoter Score | |
| Number of | 3 | 3 | 3 | 3 |
| Businesses | ||||
| Average | $782,380 | $710,687 | 55% | 96 |
| Median | $749,294 | $676,409 | 54% | 97 |
| High | $1,044,040 | $962,190 | 62% | 100 |
| Low | $533,808 | $493,462 | 52% | 90 |
| Number and | 1 (33%) | 1 (33%) | 2 (66%) | 1 (33%) |
| Percentage of | ||||
| Businesses that | ||||
| Met or Exceeded | ||||
| the Average | CN Businesses Open for 24 Months as of December 31, 2024 | |||
| Gross Booking CAD | Gross Sales (Production) CAD | Gross Margin | Net Promoter Score | |
| Number of Businesses | 13 | 13 | 13 | 13 |
| Average | $1,438,626 |
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 highest gross booking achieved by a U.S. disclosed business that was open for 20 to 36 months as of December 31, 2024, was $1,044,040. This data is based on three businesses that reported their financials to Spray Net.
It's important to note that this figure represents the total amount of work booked by the business, which includes all jobs they were hired to perform. This does not necessarily represent the actual revenue generated, which is referred to as 'Gross Sales (Production).' The gross booking number can give potential franchisees an idea of the potential market demand and booking capacity of a Spray Net franchise.
However, this high figure was achieved by a business that had been operating for a longer period (20-36 months) compared to newer franchises. The FDD also presents data from a different set of four U.S. businesses, without specifying their time in operation, where the 'High' gross booking was $543,659. This highlights the variability in performance and the potential impact of operational maturity on revenue. Prospective franchisees should consider these factors and carefully evaluate their market potential and business plan.
Spray Net also provides financial performance representations for Canadian businesses, but these figures are in Canadian dollars (CAD). The FDD explicitly advises franchisees to consider the current exchange rate between USD and CAD when reviewing these figures, as U.S. franchisees typically charge more per job than Canadian businesses. Therefore, it is essential to focus on the U.S. figures when evaluating the potential financial performance of a Spray Net franchise in the United States.