All Dry

All Dry's track record shows contraction: 116 locations in 2023 shrank to 102 in 2024, a 12% decline per FDD disclosures. This includes 15 terminations, just 1 system transfer, and only 2 projected new units, signaling limited expansion momentum and potential franchisee dissatisfaction. One corporate location underscores heavy reliance on franchisees. Item 20 litigation and bankruptcy data isn't detailed here, but the slowdown contrasts with the home services sector's usual steadiness, flagging risks for new entrants chasing disaster-driven demand.

Financials tempt with Item 19 averages of $509,806 gross revenue and $434,605 median across units, implying solid top-line potential in a recession-resistant niche. Entry runs $155,594-$344,500 including $54,500 franchise fee; ongoing hits 7% royalty, 1% ad fund, plus $800/month tech/CRM fees—a hefty ongoing bite. SBA data shines with 66 loans averaging $163,565, easing startup capital. Yet median revenue trails average, suggesting top performers skew figures; prospective investors must probe if they can hit $500K+ amid contraction, or if fees erode thin margins in emergency services.