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.

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.

ServicesDisclaimer

Franchise Costs

Franchise Fee

N/A

Item 5 of FDD

Initial Investment Range

N/A

Item 7 of FDD

Royalty Rate

N/A

Brand Fund

N/A

Item 6 of FDD

How CHEM-DRY Compares

Franchise	Investment	Fee	Royalty	Locations
CHEM-DRY Current	N/A	N/A	N/A	N/A
THE MAIDS	$82K – $160K	$57K	6.9%	1,517
Chem-Dry	$119K – $265K	$36K	7.0%	1,099
MERRY MAIDS	$127K – $170K	$55K	7.0%	802
OpenWorks	$4K – $134K	$25K	15.0%	615
OXI FRESH CARPET CLEANING	$54K – $105K	$48K	N/A	481
Cleaning Services Average 72 franchises	$187K – $374K	$45K	7.1%	–

* 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

Average Loan

$156,531

Total Volume

$5.6M

Default Rate

19.4%

Loans by Year

SBA 7(a) loan activity over time

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

Due Diligence

Litigation (Item 3)

Franchisee 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

N/A

Ceased Ops

N/A

Transfers

N/A

Sold to Franchisees

N/A

Projected New

N/A

Frequently Asked Questions

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%.