Chem-Dry Carpet Cleaning Franchise Average Revenue Up 5% in 2014
Revenue growth continues long running trend for Chem-Dry carpet cleaning franchise
Chem-Dry is already the largest carpet cleaning company in North America, with about twice as much market share as its nearest competitor, and franchisees continued to make gains in 2014. Average revenue for Chem-Dry franchise owners increased 5% in 2013, reaching $263,779, according to a survey of Chem-Dry carpet cleaning franchise owners.
“The growth reflects several things,” says CEO Dan Tarantin. “As the most popular carpet cleaning business in North America, we’re benefitting from the growth of the industry overall, and our franchisees have won more jobs and customers by offering a variety of services.”
About 47 percent of all residential flooring in the United States is covered by carpet, and every year about 14 billion more square feet of carpet are installed. The need for carpet cleaning is huge.
The carpet cleaning industry is expected to gross $4.4 billion in 2015, up from $3.8 billion in 2011. The growth is driven largely by the improving economy and recovered housing market — as homeowners feel more secure about both their pocketbooks and their homes, they are spending more to maintain the look and health of their homes.
Chem-Dry can also serve homeowners who have little or no carpet. In addition to carpet cleaning, franchisees may offer upholstery cleaning, area rug cleaning, mattress cleaning, tile and stone (and grout!) cleaning, as well as water damage restoration service. Those additional service lines expand the customer base for Chem-Dry franchisees, and also create opportunities for repeat business. After all, once a customer sees what Chem-Dry can do for carpets, she is likely to ask us to clean other parts of the home, too.
Founded in 1977 and with offices in Nashville, Tennessee, and Logan, Utah, Chem-Dry is the world’s leading carpet and upholstery cleaner, serving 10,000 homes a day. Its green-certified solution and proprietary hot carbonating extraction process deliver a faster-drying, deeper, healthier cleaning. Its highly ranked franchise system, which consists of 3,500 units, extends worldwide.
Chem-Dry franchise opportunity
To learn how you can start your own Chem-Dry franchise, and to find out about our business model, our history, and our franchisees, visit our research pages. For even more, fill out a form to download our free franchise report and start a conversation, or give us a call at 1-877-392-0272.