Morrison Plus franchise
2022 filing · January 14, 2022GrowingShares sales figures
Morrison Plus at a glance
A residential and commercial property inspection business. At the end of its 2021 fiscal year there were 11 Morrison Plus locations in the US, 10 franchised and 1 company-owned.
The business
- Franchisor
- Morrison Plus Franchising, LLC
- The company that sells the franchises
- Current franchisor selling since
- 2017
- 5 years of selling franchises
- Franchisor based in
- Glendora, California
What you pay
- Cost to open
- $44K–$83K
- A new franchise
- Franchise fee
- $35K–$55K
- Depending on the number of households in the territory
- Royalty
- 5.5%–7%
- 7% of the year's gross revenue up to $400,000, then 6.5% to $600,000, 6% to $800,000 and 5.5% above that, paid twice a month, with minimums of $150 per half month in year 1, $200 in year 2 and $300 after
- Brand fund
- Yes
- Up to 3% of gross revenue
- Renewal fee
- $2,500
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- Some financing offered
Where it is
- US locations, 2021
- 11
- Franchised and company-owned
- Franchised
- 10
- Company-owned
- 1
- Change in 3 years
- +10
- Franchised locations, 2019–2021
- States
- 2
- Most in California and Nevada
From Morrison Plus Franchising, LLC’s 2022 filing; revenue and net loss from its audited financial statements, page 135; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Morrison Plus among all franchises with the same figure.
| Figure | Morrison Plus | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $63,818 | Costs less than 95% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 11 | Fewer than 60% of franchises |
| Sales per locationYearly, as the brand reports it | $181,012 | Lower than 95% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 2.8× | Higher than 77% of brands that share sales figures |
How much a Morrison Plus franchise costs
Opening a new franchise costs an estimated $44,300 to $83,336. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $50K.
The biggest costs are initial franchise fee ($35,000 to $55,000) and operating expenses/additional funds – 3 months ($500 to $6,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $35,000 | $55,000 | |
| Your Training Expenses | $1,242 | $2,500 | |
| Vehicle | $0 | $2,000 | |
| Vehicle Signage | $475 | $800 | |
| Office Furniture, Fixtures, and Supplies | $150 | $800 | |
| Equipment | $820 | $1,400 | |
| Licenses and Permits | $50 | $360 | |
| Computer Systems | $674 | $4,773 | |
| Payroll Service Fees | $200 | ||
| Membership/Association Dues | $49 | $410 | |
| Initial Inventory to Begin Operating | $506 | $663 | |
| Professional Fees | $1,204 | $4,000 | |
| Grand Opening Marketing | $2,180 | $2,680 | |
| Insurance | $1,250 | $1,750 | |
| Operating Expenses/Additional Funds – 3 months | $500 | $6,000 | |
| Total | $44,300 | $83,336 | |
Source: Morrison Plus Franchising, LLC, 2022 filing, page 16
Morrison Plus franchise fee
The franchise fee is $35,000 to $55,000, depending on the number of households in the territory. You pay it when you sign the franchise agreement.
Source: Morrison Plus Franchising, LLC, 2022 filing, page 8
Royalty and ongoing fees
| Royalty | 7% of the year's gross revenue up to $400,000, then 6.5% to $600,000, 6% to $800,000 and 5.5% above that, paid twice a month, with minimums of $150 per half month in year 1, $200 in year 2 and $300 after. |
|---|---|
| Brand or marketing fund | Up to 3% of gross revenue. |
| Renewal Fee | $2,500 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Morrison Plus Franchising, LLC, 2022 filing, pages 9 and 10
Other fees as filed, from page 11. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Morrison Plus publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average sales
- $181,012
- Median sales
- $130,745
Yearly figures for fiscal year ended September 30, 2021, covering franchised outlets open the full fiscal year (one franchisee reports two territories together) (7 locations). The average and median are worked out from each location's sales as listed in the filing. The average is about 2.8 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Morrison Plus Franchising, LLC, 2022 filing, page 42
How Morrison Plus compares
Of the 95 real estate franchises on this site, Morrison Plus is the 29th cheapest to open and the 68th largest by number of locations.
| Figure | Morrison Plus | Typical real estate brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $44K | $69K | $222K |
| Cost to open, high end | $83K | $244K | $477K |
| Franchise fee | $35K | $35K | $40K |
| Royalty | 7% | 6% | 6% |
| Sales per location | $181K | $553K | $794K |
| US locations | 11 | 67 | 21 |
| Closed or left per year | 5.6% | 8.5% | – |
| Shares earnings figures | Yes | 40 of 95 | 2,147 of 3,352 |
Typical is the median across the 95 brands in real estate franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 3 (+3) | 1 | +3 | 0 |
| 2020 | 9 (+6) | 1 | +6 | 0 |
| 2021 | 10 (+1) | 1 | +2 | −1 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. The franchisor's fiscal years end September 30.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: home-based franchises and franchise failure rates.
Source: Morrison Plus Franchising, LLC, 2022 filing, page 43
Where Morrison Plus locations are
At the end of 2021, Morrison Plus had locations in 2 states. The most are in California and Nevada.
- California10
- Nevada1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| California | 9 | 1 | 10 |
| Nevada | 1 | 0 | 1 |
Source: Morrison Plus Franchising, LLC, 2022 filing, page 43
Who owns Morrison Plus?
Morrison Plus franchises are sold by Morrison Plus Franchising, LLC.
From Morrison Plus Franchising, LLC’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Morrison Plus Franchising, LLC, 2022 filing, litigation on page 8, bankruptcy on page 8
Morrison Plus filings
The figures on this page come from Morrison Plus Franchising, LLC’s 2022 filing, issued January 14, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | January 14, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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Morrison Plus is also on these lists: home service franchises.