DRYMEDIC

DRYMEDIC

DRYMEDIC franchises offer residential and commercial restoration services, including mitigation and remediation, content cleaning, deodorizing, and reconstruction of buildings and contents damaged by fire, smoke, water, mold, normal wear, or other causes. The business model involves granting franchises to operators who either start new businesses or convert existing restoration services under the DRYMEDIC brand, utilizing proprietary systems, training, and standards. Target markets include homeowners, businesses, and property owners needing emergency and specialized cleaning and repair services.

67
Locations
$196K–$319K
Investment
Since 1996
Franchising
ServicesColumbia, MDAuthority Brands, Inc. (indirect parent; ultimately owned by a fund advised by Apax Partners, LLP)www.drymedic.comDisclaimer

Franchise Costs


Franchise Fee
$45,000
Item 5 of FDD
Initial Investment Range
$196,325 $318,860
Low: $196,325High: $318,860
Item 7 of FDD
Royalty Rate
7.00%
of gross sales
Brand Fund
1.50%
Item 6 of FDD
Fixed Monthly Fees
$1,150 – $1,350
Item 6 of FDD

7% royalty (tiered to 6% then 5%) + 1.5% brand fund (tiered down to 0%) + $1,150/mo technology, software & website fees

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

Data Based On: 21 franchisees in operation for the entire 2024 fiscal year.

* Weighted average gross revenue per franchisee calculated from total aggregate gross revenue ($25,125,114) and total number of franchisees (21) in Table 2: ($25,125,114 / 21 franchisees) = $1,196,434. This matches the 'Average Gross Revenue for Group' in the TOTALS row of Table 2.

Extracted Item 19 Section

How DRYMEDIC Compares


Key Insights

  • Higher investment than 87% of Home Services franchises
FranchiseInvestmentFeeRoyaltyLocations
DRYMEDIC
Current
$196K – $319K$45K7.0%67
MERRY MAIDS$127K – $166K$55K7.0%933
HOLIDAY LIGHTING HEROES$150K – $177K$127K10.0%653
SIGN GYPSIES$4K – $5K$1KN/A587
MOSQUITO AUTHORITY$54K – $128K$45K10.0%546
Culligan$130K – $814K$40K2.0%460
Home Services Average
130 franchises
$144K – $289K$53K7.0%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 130 Home Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1CA
9
2FL
7
3TX
7
4AZ
6
5NC
5
6TN
4
7OR
4
8LA
3
9AL
3
10WA
2
11CO
2
12IL
2
13MI
2
14MO
2
15NJ
2

+9 more states

Franchisee Contacts


40 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

40 Contacts Available

Unlock all DRYMEDIC franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
3
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
19

Frequently Asked Questions


The total initial investment to open a DRYMEDIC franchise ranges from $196,325 to $318,860. This includes a franchise fee of $45,000. Ongoing royalty fees are 7.0% of gross sales.

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