About Crawlspace Ninja Franchise
Crawlspace Ninja is a home services franchise specializing in crawl space encapsulation, waterproofing, dehumidification, ventilation, insulation, and mold removal and prevention.
The brand serves residential and commercial property owners seeking to improve the health and safety of their indoor environments.
The franchise fee is $49,000, and the brand has been franchising since 2018.
Crawlspace Ninja Franchise Cost & Fees
Minimum Investment
$143K
Average Investment
$297K
Maximum Investment
$451K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $49,000 | One-time payment upon signing |
| Royalty Fee | Six Percent (6%) of Gross Revenues per week of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Currently, Brand Fund Contribution is two percent (2%) of Gross Revenues. Market Cooperative Contribution: As determined by co-op. Currently, none. | National brand fund |
| Total Investment Range | $143,100 – $450,855 | Includes build-out, inventory, working capital |
The investment range of $143K–$451K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (Six Percent (6%) of Gross Revenues per week) and marketing fee (Currently, Brand Fund Contribution is two percent (2%) of Gross Revenues. Market Cooperative Contribution: As determined by co-op. Currently, none.) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $48,000 | $49,000 |
| Design and Architectural Fees | $0 | $3,000 |
| Construction, Leasehold Improvements | $0 | $20,000 |
| Furniture and Fixtures | $100 | $10,000 |
| Equipment (Including Vehicle) | $1,500 | $222,555 |
| Technology Hardware/Software, Office Equipment, and Supplies | $4,000 | $7,500 |
| Initial Inventory | $25,000 | $35,000 |
| Utility, and Security Deposits | $0 | $300 |
| Insurance Deposits and Premiums | $2,000 | $8,000 |
| Pre-opening Travel and Training Expense | $5,000 | $10,000 |
| Initial Launch Marketing | $15,000 | $15,000 |
| Professional Fees | $1,000 | $8,000 |
| Business Permits and Licenses | $1,500 | $2,500 |
| Additional funds – 3 Months | $40,000 | $60,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | For transfers to: (i) an entity owned and controlled by the franchisee, or adding another without changing the majority ownership in the franchisee entity, $1,500; (ii) an individual or entity that is an existing owner within the system, fifty percent (50%) of the then current franchise fee; (iii) an individual or entity that is new to the system, a transfer fee equal to seventy five percent (75%) of the then current franchise fee; (iv) an approved family member currently working in franchise during retirement or upon Franchisee’s death or disability to a spouse, parent or child, no charge. |
| Renewal Fee | $5,000 |
| Technology Fee | Currently $107 per week in addition to a one time $2,000 setup fee. |
| Audit Fee | Costs and Expenses |
| Market Cooperative Contribution | As determined by co-op. Currently, none. |
| Initial Launch Marketing | Minimum amount of $15,000 during the first ninety (90) days of operation. |
| Local Advertising Marketing and Promotional Expenditures | Recommended spend of 7%-9% of projected revenue. |
| Interest | 1.5% per month or highest rate allowed by law |
| Late Charge | $250 |
| Non-Sufficient Funds Fee | $250 |
| Initial Training | No charge for initial training of up to three (3) people. You pay all travel and other related expenses incurred by all trainees. |
| Annual Training Conference | Currently $500 per person plus expenses incurred. |
| Additional Training | Currently $500 per person per day plus expenses incurred for production training and $500 per person per day plus expenses incurred for sales training. |
| Business Services/Lead Generation Fee | Currently $35 per sales appointment booked through our call center. |
| Successor Agreement Fee | $5,000 |
| Indemnification | The amount of any claim, liability or loss we incur from your Franchised Business. |
| Reimbursement of Costs and Expenses | Costs and expenses. |
| Management Fee | 10% of Gross Sales in the event we must operate franchise due to death, disability, etc. Plus our expenses |
| Post-Termination or Post-Expiration Expenses | Costs and expenses |
| Testing or Supplier Approval Fee | $500 plus out actual costs of testing any proposed products or items to be supplied. |
| Reimbursement of legal fees and expenses | Our costs and expenses, including but not limited to attorneys’ fees, incurred for your failure to pay amounts when due or failure to comply in any way with the Franchise Agreement. |
| Insurance | Amount paid by us for your insurance obligations |
| Taxes | Amount of taxes |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Approximately 10 days at headquarters, plus 4 days on-site. Total 72 classroom hours and 52 on-the-job hours. |
| Classroom Training | 72 |
| On-the-Job Training | 52 |
| Training Location | Knoxville, TN and on-site at franchisee's location |
| Additional Training | Mandatory or optional additional training programs may be offered, up to 5 days per year. An annual business meeting or franchisee conference for up to 3 days each year is also required. Current fee for annual conference is $500 per person. Additional training is currently $500 per person per day plus expenses. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Defined based on geographic boundaries, streets, zip codes, or other criteria, taking into account minimum numbers of households, average home prices, and household incomes. |
| Description | A protected territory will consist of a minimum population of single-family homes within a geographic radius defined by Zip Codes or other readily ascertainable geographic boundaries. Franchisees are required to establish an office space located within their territory. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Three (3) additional successor terms of five (5) years |
| Renewal Fee | $5,000 |
| Renewal Conditions | Be in full compliance, have no more than three (3) events of default during current term; provide written notice at least six months before the end of the term; execute a new franchise agreement; pay a renewal fee of $5,000; continue to maintain vehicle with proper insurance, current trade dress and other standards; execute a general release; comply with then-current qualifications and training requirements; including completion of additional training. Must maintain a minimum four-star rating on Google Reviews. |
| Transfer Fee | $1,500 for transfers between existing owners or adding a new shareholder without changing majority ownership; 50% of then current franchise fee for transfer to an existing owner within the system; 75% of then current franchise fee for transfer to an individual or entity new to the system; no charge for transfer to an approved family member (spouse, parent, child) upon retirement, death or disability. |
| Transfer Conditions | Franchisor's consent (not unreasonably withheld); transferee meets current standards, has sufficient business experience and financial resources; transferee completes initial training; all amounts owed to franchisor and third-party creditors are paid; franchisee and transferee sign a general release; franchisee subordinates claims against transferee to franchisor; franchisee indemnifies franchisor for 3 years; franchisor approves material terms of transfer; if financing, franchisee's notes are subordinate to franchisor; lessor consents to assignment/sublet. |
| Termination for Cause | Franchisor may terminate for various defaults, some curable (e.g., non-payment within 5 days, other non-monetary defaults within 5 days or reasonable time if diligent), and some non-curable (e.g., insolvency, bankruptcy, falsifying reports, ceasing operations for 5+ days, failure to open within required time, understatement of Gross Revenue two or more times, failure to comply with non-competition covenants, failure to maintain minimum performance requirements, failure to maintain 4-star Google rating). |
| Non-Compete Period | During the term of the agreement, and for 24 months after termination or expiration. |
| Non-Compete Details | During the term, franchisee/principals cannot divert customers, participate in competing crawl space/basement service business, induce franchisor employees to leave, or damage goodwill. Post-termination/expiration, for 24 months, cannot divert customers, participate in competing crawl space/basement service business within 25 miles of former outlet or any other Crawl Space Ninja location, induce franchisor employees to leave, or damage goodwill. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | The Franchise Agreement does not require that you personally supervise your Franchised Business. You may appoint a Manager, but you must remain actively involved in overseeing the business. Franchisee or one of their Principals must successfully complete the Initial Training Program. If a Manager is appointed, they must also complete the Initial Training Program. |
| Required Suppliers | Franchisor has identified various suppliers, distributors, and manufacturers for equipment, inventory, and services. Franchisees must purchase all items outlined in the Operations Manual and any equipment or materials bearing the Marks according to franchisor specifications. Currently, the franchisor is the only approved supplier for certain products including spray foam products, sump pump products, tapes, and filters. |
| Supply Restrictions | Franchisees must use approved hardware and software (Windows-based desktop/laptop, Microsoft Office 365, all-in-one printer/copier/scanner/fax, iPad with Cellular Capability, Smartphone, Online Accounting Software, CRM Software, Sales iPad Software). All Crawl Space Ninja vehicles must be white or wrapped white. Franchisees must purchase and maintain specific types and amounts of insurance. Unapproved suppliers or products require prior written approval, inspection, and testing, with a $500 fee plus actual testing costs. |
| Franchisor Revenue from Suppliers | For the fiscal year ended December 31, 2021, $1,221,057 or 58.6% of total revenue of $2,085,463 came from required purchases from the franchisor or its affiliates. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee any note, lease, or obligation. |
Crawlspace Ninja Franchise Earnings — Item 19
Average Revenue
$11K
Sample Size
2 units
Past financial performance does not guarantee future results. Individual results will vary.
Crawlspace Ninja Litigation & Risk Flags
Clean Litigation RecordCrawlspace Ninja has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Crawlspace Ninja System Growth
Total Units
14
Franchised
12
Company-Owned
2
Crawlspace Ninja currently operates 12 franchised locations and 2 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 3 | 0 | 3 |
| 2020 | 3 | 0 | 6 |
| 2021 | 7 | 1 | 12 |
Transfers: 0 | Closures: 1
State Registrations
Registered in 16 states: CA, CT, HI, IL, IN, MD, MI, MN, NY, ND, OR, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$2.1M
Net Income
$439K
Total Assets
$958K
Audited by A&G, LLP for year ending December 31.
Crawlspace Ninja Franchise — FAQ
The total investment to open a Crawlspace Ninja franchise ranges from $143,100 to $450,855, per their Franchise Disclosure Document. This includes the initial franchise fee of $49,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Crawlspace Ninja charges a royalty fee of Six Percent (6%) of Gross Revenues per week of gross sales, plus a Currently, Brand Fund Contribution is two percent (2%) of Gross Revenues. Market Cooperative Contribution: As determined by co-op. Currently, none. contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Crawlspace Ninja Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Crawlspace Ninja to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Crawlspace Ninja franchise owners report average revenue of $11K. This is based on a sample of 2 units. Past performance does not guarantee future results.
Crawlspace Ninja has been franchising since 2018. The FDD shows an investment range of $143,100-$450,855, a Six Percent (6%) of Gross Revenues per week royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $49,000 and the total investment ranges from $143,100 to $450,855 depending on location size and market. A minimum of $143,100 in liquid capital is required. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Crawlspace Ninja and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Crawlspace Ninja or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com