Chem-Dry Franchise Opportunity Makes ‘Franchise Times’ Top 200+ List
Annual ranking calls out the best franchises in terms of entry costs, runway to profitability, consumer demand and other key data for potential owners
Four decades of success, coupled with explosive current growth all around the United States, have landed Chem-Dry on the Franchise Times Top 200+ list once again.
This marks the 20th anniversary of the prestigious annual ranking, which is the biggest of the year for Franchise Times. The Top 200+ list ranks franchise systems based on their worldwide system sales and locations and is thought by industry watchers to be the gold standard of industry ranking lists.
Rankings reaffirm the Chem-Dry business model
“We are honored to be on the Franchise Times Top 200+ list again, because it shows just how valuable the Chem-Dry cleaning franchise concept is,” says Doug Smith, Senior Vice President of Franchise Development.
Because the Franchise Times list focuses on global business opportunities, being named to the Top 200+ list calls attention to Chem-Dry’s strong international presence. In particular, the list notes global sales of more than $345 million, with international units making up 40% of Chem-Dry’s more than 3,500 cleaning franchise operations. The list also points out Chem-Dry’s solid sales growth of 9.5%, as well as individual unit growth of 6.8%.
“The figures really do speak for themselves, and show how Chem-Dry’s consistent, award-winning customer service, as well as our environmentally friendly business practices and other differentiators, set us apart,” Doug says.
New products provide new paths to success
Because Chem-Dry has branched out from carpet cleaning into area rug and upholstery cleaning, as well as tile floor cleaning and sealing, and leather and granite renewal, the brand has been able to expand both in the United States and overseas. “It continues to do so with new cleaning franchise owner partners everywhere from the Caribbean to Turkey,” Doug says, with even more on tap for 2017.
“Being able to offer ‘whole home’ cleaning services has allowed Chem-Dry cleaning franchise owners to take advantage of a recovering economy,” he explains. “They are able to tap into markets ranging from homeowners who want a top-down cleaning to real estate agents who want to turn their listings into showplaces. We also are seeing a lot of activity with apartment managers and commercial property owners, so all our franchise owners are really able to expand in any direction they choose as they grow their businesses.”
Chem-Dry is the world’s largest carpet and upholstery cleaning franchise with nearly 3,500 franchises in 51 countries, serving 10,000 homes and businesses a day. Chem-Dry has been Entrepreneur magazine’s top-rated carpet cleaning franchise for 28 straight years. The Chem-Dry Hot Carbonating Extraction process delivers a faster-drying, deeper and more environmentally friendly clean that appeals to both home and business owners. In addition to carpet and area rugs, Chem-Dry provides tile and stone, granite countertop, leather and upholstery cleaning.