Are you willing to invest in the Chem-Dry franchise but have qualms about it? Then you are at the right place.
In this article, we will discuss the Chem-Dry Franchise and its profitability, fee, cost, etc., and will tell you whether buying the Chem-Dry franchise is worth it or not. So, let’s begin.
About Chem-Dry
In 1977, Chem-Dry was founded in California by Robert Harris. He started Chem-Dry with the mission of helping people to live a healthy life, which starts with clean carpets and a healthy home.
They devised a better way to clean it and keep it clean. Moreover, they used a patent method of Hot Carbonating Extraction to attack dirt, dust, and allergens in carpets. And also, their carpet dries more quickly and stays clean and healthy for a longer time.
Additionally, they also provide some other cleaning services, including cleaning commercial and residential air ducts, wood floors, odor cleaning, and so on. It is also environmental-friendly and green-certified.
After one year of Chem-dry, they started offering franchises, and now it has more than 3489 units across the U.S. Moreover, the policies of franchises are very flexible, as they never require prior experience in any field from you.
Additionally, they provide initial training programs and support to franchises to enhance business growth and also offers third-party financing as well as veteran discount.
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Chem-Dry Franchise Model
| Initial Investment | $69,145 – $204,714 |
| Franchise-Fee | $23,500 |
| Liquidity | $50,000 |
| Area Requirement | N/A |
| Total Outlets | 3489 |
Training Of Chem-Dry Franchise
Chem-Dry provides an initial training program to all new franchises. The duration of the training program is three-week in which two phases are included.
The first phase consists of two weeks of at-home study, and the second phase consists of one week in the classroom and hands-on training.
The training program is held at the HRI headquarters in Logan, Utah, or any other location designated by the franchisor.
It is compulsory for a franchise to attend the initial training program before opening the Chem-Dry business for the satisfaction of the franchisees.
Term & Renewal Of Agreement
The initial length of the Chem-Dry franchise agreement is five years. After completing the initial term, the franchisees have the option to renew the term upon expiration of the initial term.
However, the renewal of the term is only possible if they meet certain qualifications required by the franchisors. The length of the renewal agreement is 5 years.
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Financial Assistance
Chem-Dry provides a financing option to all franchisees. They may finance through the business not up to 40% of the initial franchise fee with credit standing acceptable to HRI.
Advantage Of Chem-Dry Franchise
- Provide training and Support system
- Veteran discount and financing options are available
- The customer retention rate is more than 96%
- Highly profitable
Chem-Dry Franchise Comparison
| Company | Chem-Dry | Jan-Pro |
|---|---|---|
| Founded In | 1977 | 1991 |
| Initial Investment | $69,145 – $204,714 | $50,000-$150,000 |
| Franchise-Fee | $23,500 | $2,520-$60,000 |
| Liquidity | $50,000 | $50,000 |
| Total Outlet | 3489 | 10,475 |
| Annual Revenue | $25 million | $587 million |
Frequently Asked Question
How many Chem-Dry franchises are there?
Chem-Dry has more than 3489 units across the U.S.
How much does it cost to own the Chem-Dry franchise?
An initial investment required to open a Chem-Dry Franchise is $69,145 – $204,714.
Does the Chem-Dry franchise offer finance?
Yes, the Chem-Dry franchisee offers third-party finance.
Where is Chem-Dry headquarters?
Logan, Utah
Is Chem-Dry a franchise?
Yes, Chem-Dry is the world’s largest carpet cleaning franchise and one of the most economical, multi-unit franchise opportunities for entrepreneurs.
How much does a Chem-Dry franchise cost?
Opening a Chem-Dry franchise requires a franchise fee of up to $23,500, with a total initial investment cost of $69,145 – $204,714.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.