Question 1

How many Spray-Net franchise locations are there?

Accepted Answer

Spray-Net currently has 29 total units, including 29 franchised locations and 0 company-owned locations.

Question 2

Is the Spray-Net franchise system growing or shrinking?

Accepted Answer

Spray-Net has experienced positive net growth of +7.4% over the past year, with a 3-year compound annual growth rate (CAGR) of +38.1%.

Question 3

What is the franchise vs. company-owned ratio for Spray-Net?

Accepted Answer

Spray-Net has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Spray-Net franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Spray-Net had 7 units opened and 5 units closed.