Full Answer
How much does it cost to open Chem-Dry franchise?
Keep reading for all the info on the Chem-Dry franchise startup costs. A Chem-Dry franchise owner’s initial investment starts at $68,145. This includes the initial license fee, turn-key New Business Set, equipment package and working capital.
What is Chem-Dry carpet cleaning franchise?
Chem-Dry is the world’s largest carpet cleaning franchise — and one of the most economical, multi-unit franchise opportunities you can own. With hundreds of multi-unit franchise owners throughout the United States, Chem-Dry comprises roughly 7% of businesses operating in the $5 billion carpet cleaning industry.
Why invest in Chem-Dry?
The Chem-Dry investment model results in a franchise with tremendous scalability and earning potential. Many entrepreneurs can secure multiple licenses and lock down more territories, depending on their financial situation, level of ambition, and commitment to growing their business. Do You Offer Financing?
How much do Chem-Dry owners make?
Annual statisticsGroup Ranked by Average RevenueNumber of OwnersAverage Revenue / Owner1st Quartile58$722,9022nd Quartile58$302,2743rd Quartile58$177,8684th Quartile57$101,0853 more rows
Is Chem-Dry a good franchise to own?
Grow Your Share of a $5 Billion Industry Entrepreneur magazine has ranked Chem-Dry a top franchise system and the No. 1 carpet cleaning franchise for more than 40 years in a row.
Who owns Chem-Dry?
Harris Research is the owner of the Chem-Dry and N-Hance franchise businesses. Founded in 1977, Chem-Dry is the world's leading carpet and upholstery cleaning service, with over 3,500 units in 42 countries.
How much does it cost to start a Jan pro franchise?
The lowest you can expect to invest is $4,170 if you want to become a franchisee. The most you would expect to invest in a JAN-PRO Cleaning Systems location is $56,020. Before you become an owner, you will owe the franchisor a franchise fee of $2,520. The company was originally founded in 1991.
Is there profit in dry cleaning business?
The average annual revenue for a US dry cleaner is about $250,000, but those starting out on their own should probably expect to bring in about a third of that total. With $84,000 in annual revenue and an 80% profit margin while operating from home, you can expect a profit of around $67,000.
How much is Turks franchise?
Turks Shawarma Franchise Investment Details: Franchise Investment: Php 1.8M to 4.1M. Franchise Fee: Php 1M to 1.4M. Formats: Cart, Kiosk, In-Line Stores and Food Truck.
Does Chem-Dry use water?
Does Chem-Dry use water? Yes. Our name says “Dry” because our treatments dry much faster than steam cleaning alternatives. Our proprietary Hot Carbonated Extraction process uses the power of carbonation and powerful extraction equipment which allows us to use up to 80% less water than traditional steam cleaners.
Who started Chem-Dry?
Robert HarrisChem-Dry / FounderThe Chem-Dry story started in the 1970s with Robert Harris, a young man who worked for a small carpet cleaning company while he attended Brigham Young University in Utah. Harris wasn't very impressed with the cleaning products the company and its competitors were using.
Does Chem-Dry use hot water extraction?
Where typical steam carpet cleaning saturates carpets with soapy water, the Chem-Dry process uses millions of microscopic bubbles combined with powerful Hot Carbonating Extraction and a natural cleaning solution, The Natural® — which means we use less water and no harsh soaps or chemicals causing less stress on the ...
What franchise is the most profitable to own?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
Do franchises make a lot of money?
Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.
Is it possible to open a franchise with no money?
It's not possible to start a franchise without any money. You'll need to pay an initial franchise fee, and you will have other start-up costs. Furthermore, franchisors want to see that you have some skin in the game in the form of a down payment.
How much is a Waxon franchise?
We offer our clients everything they need for their hair removal needs, from waxing and laser to threading and eyebrow tinting! Our franchise support team is dedicated to you!...Book a Call.Cost TypeAmountFranchise Fee$50,000Royalty6%Advertising Fee1.5%Total Upfront Investment$350k - $450k
Is Everdry a franchise?
According to the SBA, Everdry Waterproofing meets the Federal Trade Commission (FTC) definition of a franchise.
What is the cost of an Hteao franchise?
$289,200 to $859,000The total investment necessary to begin operation of an HTEAO franchise ranges from $289,200 to $859,000. This includes $50,000 that must be paid to the franchisor or affiliate.
How much does a clean juice franchise cost?
As with all franchise brands, Clean Juice requires franchise partners to pay a one-time franchise fee in order to do business under our brand name. Our franchise fee of $42,500 gets you immediate access to the Clean Juice name and our unique business model, copyrighted materials, and brand identifiers.
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.
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.
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.
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.
How much does it cost to open a chem dry?
Now, on to the most crucial question – how much does a Chem-Dry franchise cost? In general, you’ll need $67,645 to $185,757 to open your own shop, according to Chem-Dry’s franchise disclosure document (FDD). These figures include basic fees, such as the Initial License Fee as well as the New Business Set.
What is Chem Dry's unique process?
Despite competing brands, one of the things that makes Chem-Dry stand out is its unique carpet cleaning process, namely, the Hot Carbonating Extraction. Unlike the steam cleaning methods employed by other companies, this method offers a better solution not only for home health but also for the environment.
What is The Real Cost of A Lemonshark Poke Franchise?
However, other fast-casual restaurants may also have a place and opportunity to become an investment in the long run. One of them is LemonShark Poke, self-dubbed as a “fine casual” offering healthier food options for consumers needing a quick bite.
How long does a franchise last?
If the franchisee remains in good standing, they can renew for another 10 years.
What happens after you send an application for franchising?
After sending an application, the franchising team will schedule a meet-and-greet call to learn more about you. After this, you’ll be invited to an introductory webinar and a walk-through of the FDD.
How to get a franchise?
The first step to acquiring a franchise is to request franchise information by calling (877) 233-7830. Similarly, you can also fill out a request form on their franchise website.
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And when we’re talking about the best barbeque place in Dallas, Texas, Dickey’s Barbecue Pit is what everyone is raving about. Read more about the Dickey’s Barbecue Pit franchise.
What does it cost to own a Chem-Dry franchise?
Since 1977, one name has stood out: Chem-Dry. Tap into this growth market with an ultra-low down payment and a low, fixed monthly royalty fee.
How much will Chem Dry franchise cost in 2020?
Why we are a top-ranked franchise to own: Carpet cleaning is experiencing a historic growth of approximately 3% annually and was expected to exceed $5.5 billion in 2020. Chem-Dry is the nation’s largest carpet cleaning franchise.
What is chem dry carpet cleaning?
Chem-Dry is the world’s largest carpet cleaning franchise — and one of the most economical, multi-unit franchise opportunities you can own. Entrepreneur magazine has ranked Chem-Dry a top franchise system and the No. 1 carpet cleaning franchise for more than 40 years in a row.
What is the phone number for Chem Dry?
Call (866) 533-3905. By pressing "Submit", you agree that Chem Dry may call/text/email you at the number you provided above, including for marketing purposes related to your inquiry. This contact may be made using automated or pre-recorded/artificial voice technology. Data and message rates may apply.
How many square feet of carpet are installed every year?
Every year, American homeowners install more than 10 billion square feet of new carpet — carpet that will need cleaning for decades. Since 1977, one name has stood out: Chem-Dry. Tap into this growth market with an ultra-low down payment and a low, fixed monthly royalty fee.
Can you text Chem Dry?
By pressing "Submit", you agree that Chem Dry may call/text/email you at the number you provided above, including for marketing purposes related to your inquiry. This contact may be made using automated or pre-recorded/artificial voice technology. Data and message rates may apply. You don't need to consent as a condition of any purchase. You also agree to our Privacy Policy.
Background
Chem-Dry is the world's largest carpet cleaning franchise, with nearly 2,000 franchises worldwide - and one of the most economical, multi-unit franchise opportunities you can own. Entrepreneur magazine has ranked Chem-Dry a top franchise system for more than 40 years in a row.
Support and Training Offered By Chem-Dry
Financial Assistance Provided: Yes Site Selection Assistance: No Lease Negotiation Assistance: No Recruiting Assistance: No Cooperative Advertising: No Training: 5-Day hands-on training at our facilities in Logan, Utah
How much does a Chem-Dry franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 1831 franchised Chem-Dry locations in the USA.
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
What to know about Chem-Dry franchise?
The franchise offered is for the operation of a Chem-Dry business, which provides carpet cleaning, upholstery cleaning, spot removal, protective services, and other authorized services to residential and commercial customers.
How much does a Chem-Dry franchise cost?
Are you wondering how much is a Chem-Dry franchise? Before starting a Chem-Dry franchise, it is important to know the franchise fee, working capital and other costs required to start the business.
