- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$64K - $509K
- Units as of 2020
-
152
Founded in 1992, Certified Restoration DryCleaning Network is an international organization with highly experienced and trained textile experts. Now with a large pool of locations, Certified Restoration DryCleaning Network has been franchising for decades.
Certified Restoration DryCleaning Network specializes in insurance restoration of laundry and dry cleaning services for all textile types. They offer solutions for both home and commercial settings that have damage from smoke, fire, extreme weather, or exposure to mold and other contaminants.
Certified Restoration DryCleaning Network partners with insurance adjusters, restoration contractors, and third-party administrators to help recover and restore insured losses of household items, business textiles, and electronics.
Why You Should Start a Certified Restoration DryCleaning Network Franchise
Certified Restoration DryCleaning Network has national accounts with leading insurance companies, having established relationships with partners of major contractors across vast parts of North America. Franchisees of Certified Restoration Drycleaning Network enjoy an array of benefits like these:
Proprietary software to help franchisees run restoration businesses efficiently
World-class training and capacity building in the textile and electronics restoration business
Opportunities for direct jobs from established national accounts
Marketing, tech, and training support from the Certified Restoration DryCleaning Network home office team
Certified Restoration DryCleaning Network offers initial training programs and various ongoing support options to help franchisees run their businesses smoothly. The training, whether on the job or in a classroom, requires relatively few hours. Certified Restoration Drycleaning Network typically offers additional training at various locations throughout your franchise experience.
What Might Make Certified Restoration DryCleaning Network a Good Choice?
Restoration services businesses like Certified Restoration DryCleaning Network are often considered to be recession proof, as their services remain in high demand regardless of economic conditions. As a franchisee of this company, you’ll be able to help people get their homes and businesses back to normal after disaster strikes. The company provides an array of training and ongoing support, including marketing support, in exchange for your initial franchise fee. You’ll want to make sure you have enough capital available to cover both the initial investment for the franchise and potential ongoing fees as well. These might include royalty fees, marketing fees, or even renewal fees. The company’s typical franchise agreement lasts for a renewable period of 10 years.
How to Open Your Own Certified Restoration DryCleaning Network Franchise
Joining and running a Certified Restoration DryCleaning Network business is possible whether you have experience in dry cleaning operations or not. You may be required to refer to the Franchise Disclosure Document (FDD) and review the franchise offering with an attorney and accountant. You’ll usually have the chance to chat with a franchise advisor to help you make informed decisions, providing guidance and support.
Advisors might discuss your business goals with you, so you should start thinking now about why a restoration franchise might be a good fit for you. You'll also want to research potential locations for your franchise. This will lay the groundwork as you move forward with opening a Certified Restoration DryCleaning Network franchise of your own.
Company Overview
About Certified Restoration DryCleaning Network
Industry | Maintenance |
---|---|
Related Categories | Restoration Services, Dry Cleaning & Laundry Services, Cleaning/Restoration |
Founded | 1992 |
Parent Company | Certified Restoration Drycleaning Network LLC |
Leadership | Wayne Wudyka, CEO |
Corporate Address |
2060 Coolidge Hwy. Berkley, MI 48072 |
Social | Facebook, Twitter, LinkedIn |
Business Overview
Franchising Since | 2001 (24 years) |
---|---|
# of employees at HQ | 50 |
Where seeking |
This company is offering new franchises worldwide. |
# of Units | 152 (as of 2020) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Certified Restoration DryCleaning Network 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
|
$24,600 - $64,600 |
---|---|
Initial Investment
|
$63,650 - $508,850 |
Net Worth Requirement
|
$350,000 - $500,000 |
Cash Requirement
|
$60,000 - $100,000 |
Royalty Fee
|
6-9% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | Certified Restoration DryCleaning Network offers in-house financing to cover the following: franchise fee |
---|
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 | 7 hours |
---|---|
Classroom Training | 26.5 hours |
Ongoing Support |
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 10 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Certified Restoration DryCleaning Network landed on this year's Franchise 500 Ranking versus previous years.
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