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CHEM-DRY

Chem-Dry, Inc. is a franchisor that offers franchises for providing professional carpet, upholstery, and specialty cleaning services using a patented hot carbonating extraction system. Their business model grants licensees the right to operate under the Chem-Dry brand, utilizing proprietary cleaning solutions and methods for superior results with minimal water usage. The target market includes residential homeowners, commercial properties, real estate agents, and property managers seeking efficient, quick-drying cleaning services.

Services
2024 FDDNo Item 19SBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
N/A
Franchise Fee
N/A
Locations
N/A

Financial Requirements

Franchise FeeN/A
Initial Investment RangeN/A
Royalty RateN/A
Brand FundN/A

Franchise Stats

Franchise LocationsN/A
Corporate LocationsN/A
States OperatingN/A
Franchising SinceN/A
FDD Year2024

Financial Performance

How CHEM-DRY Compares to Other Cleaning Services Franchises

FranchiseInvestment RangeFranchise FeeRoyaltyLocations
CHEM-DRY
Current
N/AN/AN/AN/A
THE MAIDS$82K - $160K$57K6.9%1,517
THE MAIDS$118K - $141K$60K6.9%1,472
Chem-Dry$119K - $265K$36K7.0%1,099
MERRY MAIDS$127K - $170K$55K7.0%802
OpenWorks$4K - $134K$25K15.0%615
Cleaning Services Average
72 franchises
$187K - $374K$45K7.1%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 72 Cleaning Services franchises by location count.

SBA Loan History

Historical SBA 7(a) loan data for CHEM-DRY franchisees (2010 - 2024)

Total Loans
36
Average Loan Amount
$156,531
Total Loan Volume
$5,635,100
Default Rate
19.4%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Due Diligence

Litigation (Item 3)

Franchisee Litigation CasesN/A

Bankruptcy (Item 4)

Bankruptcy HistoryN/A

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
N/A
Non-Renewals
N/A
Reacquired by Franchisor
N/A
Ceased Operations (Other)
N/A
System Transfers
N/A
Sold to Franchisees
N/A
Projected New Franchises
N/A

Frequently Asked Questions

Can you get an SBA loan for a CHEM-DRY franchise?

Yes, SBA loans are available for CHEM-DRY franchises. Historical data shows 36 SBA 7(a) loans have been approved for CHEM-DRY franchisees, with an average loan amount of $156,531. The historical default rate is 19.4%.

Is CHEM-DRY a good franchise to buy?

Whether CHEM-DRY is a good franchise investment depends on your personal goals, available capital, and local market conditions. We recommend reviewing the full FDD, speaking with existing franchisees listed in Item 20, and consulting with a franchise attorney before making a decision.

Interested in CHEM-DRY?

Talk to a franchise advisor to get personalized guidance and learn if CHEM-DRY is the right fit for you.

Talk to an Advisor