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Chem-Dry Carpet & Upholstery CleaningCarpet, upholstery, and floor cleaning, tile and stone care, granite countertop renewal
- 2022 Franchise 500 Rank
#229 Ranked #155 last year
- Initial investment
$69K - $205K
- Units as of 2022
2,597 27% over 3 years
About Chem-Dry Carpet & Upholstery Cleaning
More from Chem-Dry Carpet & Upholstery Cleaning
Own A Chem-Dry Floor Cleaning Franchise
Low overhead, high returns make this a best-buy opportunity
More than 14 billion square feet of carpet and flooring is installed in homes and businesses each year — and every inch of it must be cleaned at some point. That’s why a Chem-Dry franchise is a year-round business with ongoing, significant earning potential.
Chem-Dry’s patented Hot Carbonating Extraction process put us on the map almost 50 years ago. The process, which uses water and no harsh chemicals, dries quickly and is safe for kids and pets. It sets the tone for almost five decades’ worth of market leadership, including more than 50 green-certified products and services.
Chem-Dry is also an affordable franchise, thanks to a home-based business model that lets you grow at your own speed. The investment to own a Chem-Dry franchise starts at $68,145 and includes a $414.32 monthly service fee that doesn’t change, no matter how much you earn. That’s because Chem-Dry doesn’t believe in penalizing entrepreneurs for success!
With Chem-Dry, you’ll partner with one of the best-known franchise names in the world. We consistently appear in the top ranks of best-bets from such well-known evaluators as Franchise Business Review and Chem-Dry has been Entrepreneur magazine’s top-rated carpet cleaning franchise for 32 straight years. We also enjoy an industry-leading customer-retention rate of 96 percent, thanks to best-in-class training and support.
There are many financing options available, including in-house, low-interest financing, as well as a 10 percent licensing fee discount for veterans through the International Franchise Association’s VetFran program.
- Franchising Since
- 1978 (44 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 2,597 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Chem-Dry Carpet & Upholstery Cleaning franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $69,145 - $204,714
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
- $70,000 - $90,000
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
- $50,000 - $90,000
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 10% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 5 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Chem-Dry Carpet & Upholstery Cleaning offers in-house financing to cover the following: franchise fee
- Third Party Financing
- Chem-Dry Carpet & Upholstery Cleaning has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 17 hours
- Classroom Training
- 23 hours
- Additional Training
- Video training
- Ongoing Support
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Ad TemplatesNational MediaRegional AdvertisingMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail Marketing
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where Chem-Dry Carpet & Upholstery Cleaning landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Chem-Dry Carpet & Upholstery Cleaning ranked on other franchise lists? Find out below.
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