Deer Solution logo

Deer Solution Franchise

Audited Financials
Home ServicesEst. 2021Parsippany, NJ
www.deersolution.com

Risk Score

Pending analysis

Investment Range

$96,800 - $314,000

Franchise Fee

$17,875

Total US Locations

6

Business Summary

Deer Solution is a service-based franchise that provides all-natural deer repellent services and deer damage control for residential and commercial landscapes. Deer Solution uses proprietary pesticides and a designated system of programs, materials, equipment, and supplies. Franchisees operate from an administrative office, which can be home-based, and deliver all services on-site at customer locations using branded service vehicles.

Corporate History

Deer Solution Franchising LLC was established on December 30, 2021, as a New Jersey limited liability company. The company's business is to operate the Deer Solution franchise system and grant franchises. Deer Solution Franchising LLC began offering franchises on January 27, 2022.

Financial Overview

Investment Range

$96,800 - $314,000

Franchise Fee (Low)

$17,875

Franchise Fee (High)

$49,500

Royalty %

8%

Marketing %

2%

Equipment Costs (Low)

$12,400

Equipment Costs (High)

$24,500

Working Capital

$26,250

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Deer Solution Franchising LLC's financial statements reflect a net loss of $(118,939) and negative members' equity of $(19,047) for 2024. The auditors included an Emphasis of Matter note, highlighting that the company has extensive related-party transactions, which means the financial results might not reflect what would be achieved without these affiliations. Additionally, the FDD's Special Risks section explicitly states that the franchisor's financial condition raises questions about its ability to provide services and support to franchisees.

Financing Details

Deer Solution Franchising LLC does not offer any direct or indirect financing to its franchisees. It also does not guarantee any notes, leases, or other financial obligations on behalf of its franchisees.

Performance Metrics

Total US Locations

6

Franchised Units

3

Corporate Units

3

Franchising Since

2022

Agreement Terms

Initial Term

7 years

Renewal Term

7 years

Renewal Conditions

To renew the Deer Solution franchise, franchisees must be in compliance with their Franchise Agreement, provide 180 days' prior written notice, sign Deer Solution Franchising LLC's then-current Franchise Agreement and related agreements, execute a general release in the franchisor's favor, pay a renewal fee, and upgrade their Deer Solution Business to meet current brand standards. Owners must also comply with their agreements, including the Franchise Owner and Spouse Agreement and Guaranty, and personally guarantee the terms of the renewal Franchise Agreement.

Training & Support Program

Franchisor Assistance

Deer Solution Franchising LLC provides various forms of assistance to its franchisees. Before opening, this includes granting the franchise, approving the operating territory and administrative office site, providing access to confidential manuals, and supplying lists of approved suppliers, equipment, and signage. Deer Solution Franchising LLC also lists the franchisee's business on its website and provides initial training for the managing owner and one manager. After opening, Deer Solution Franchising LLC communicates operating standards and requirements, marketing standards, and updates to approved vendors. It may coordinate an annual conference for franchisees and offers supplemental training, for a fee, if requested or deemed necessary for performance. The franchisor administers marketing funds, including a Brand Development Fund, and may establish advertising cooperatives. Franchisees are required to exclusively use the designated Sales and Support Center services for customer communications, scheduling, and billing.

Initial Training Hours

40

Training Location

Parsippany, New Jersey or virtually as designated by Deer Solution Franchising LLC

Ongoing Support

After opening, Deer Solution Franchising LLC provides ongoing support through various means. This includes communicating updated operating standards, marketing standards, and approved vendor lists. The franchisor may also coordinate an annual conference for franchisees. Supplemental on-site training may be provided, for a fee, if a franchisee requests it or if Deer Solution Franchising LLC determines that performance standards are not being met, including for replacement operating managers. Deer Solution Franchising LLC administers marketing funds, such as a Brand Development Fund, and may establish local or regional advertising cooperatives that franchisees must join. Franchisees are also required to exclusively use the designated Sales and Support Center services for customer inquiries, scheduling, and billing.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Hybrid

Owner Participation

Hands-On

Territory Type

Protected

Territory Size Requirements

Deer Solution territories are defined as geographic areas containing approximately 40,000 Targeted Households, which are single-family dwellings with an annual household income of at least $125,000.

Staffing Notes

Deer Solution Franchising LLC does not provide assistance with the hiring and training of franchisees' employees. Franchisees are directly responsible for the management and supervision of their employees. All employees must wear approved System branded apparel and uniforms, and ensure System Supplies and Approved Services and Products are prepared, maintained, and served according to System standards.