Chem-Dry Carpet & Upholstery Cleaning
#42

Initial Investment

LOW: $29,800
HIGH: $142,820

Change in Units

+0.2% +6 UNITS (1 Year)
-0.2% -7 UNITS (3 Years)

Company Profile

Founded

1977

Franchising Since

1978 (38 Years)

Corporate Address

124 12th Ave. S., #300 Nashville, TN 37203

CEO

Dan Tarantin

Parent Company

Harris Research, Inc.

About Chem-Dry Carpet & Upholstery Cleaning

Robert Harris worked as a carpet cleaner to pay for his law school tuition. He found the cleaning methods being used were not getting the job done and set about developing new solutions to get carpets cleaner. Harris started using his new solution to clean carpets for family and friends, and demand for his services quickly grew. In 1977, Harris founded Chem-Dry to bring his new cleaning methods to more customers.

Chem-Dry began franchising in 1978 and now has locations in the United States, Canada, Japan, Australia and the United Kingdom. In 2006, Chem-Dry was acquired by The Home Depot.

Financials

Financial Requirements

Initial Investment

$29,800 - $142,820

Net-worth Requirement

$50,000

Liquid Cash Requirement

$30,000

Ongoing Fees

Initial Franchise Fee

$21,500

Ongoing Royalty Fee

$390/mo.

Financing Options

Chem-Dry Carpet & Upholstery Cleaning offers in-house financing to cover the following: franchise fee

Chem-Dry Carpet & Upholstery Cleaning has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Veteran Incentives


10% off franchise fee

Franchise 500® Rank History

Highest Rank: 27

Lowest Rank: 63

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training at headquarters: 5 days

Additional Training: Video training

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: January 5th, 2016

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