What is the median estimated gross profit in CAD for Spray Net businesses?
Spray_Net Franchise · 2025 FDDAnswer from 2025 FDD Document
| Average | Median | Low | High | # | |
|---|---|---|---|---|---|
| Reported | |||||
| CN Businesses | 96 Months | 84 Months | 48 Months | 120 Months 6 46.2% | 13 |
| Months of Operation | |||||
| CN Businesses Gross Sales | $1,253,259 | $1,090,285 | $727,327 | $2,794 ,680 5 38.5% | 13 |
| (Production) CAD | |||||
| Gross Margin | 60.6 % | 59.9 % | 50.8 % | 69.2 % 7 58.3% | 12 |
| Estimated Gross Profit CAD | $759,435 | $652,989 |
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 median estimated gross profit for CN (Canadian) businesses is $652,989 CAD. This figure is based on data from 13 Canadian Spray Net businesses that were open and operating for at least one year as of December 31, 2024.
It's important to understand that this is an estimated gross profit, calculated by multiplying the gross sales by the gross margin. Gross margin is defined as gross profit (gross sales less labor and paint costs) divided by gross sales. This means the $652,989 CAD figure represents the midpoint of gross profits achieved by these Canadian businesses, before deducting all operating expenses.
Prospective franchisees should carefully consider these figures, keeping in mind that their own results may vary. Factors such as location, management skills, local market conditions, and the ability to control costs can significantly impact actual financial performance. The FDD also notes that these figures do not include all expenses a franchisee will incur.
Spray Net recommends consulting with a financial advisor or accountant to discuss currency conversions between USD and CAD, develop financial projections, and understand applicable taxes. This due diligence is essential for any potential franchisee to assess the financial viability of a Spray Net franchise in their specific circumstances.