Chem-Dry Moves Up ‘Entrepreneur’s’ Top Low Cost Franchises List
Once again, the Chem-Dry cleaning franchise model has been honored by Entrepreneur magazine with inclusion on its Top Low Cost Franchises list — this time coming in at No. 6.
Chem-Dry is not new to this list, having held the No. 8 spot for the past three years. The move up only indicates Chem-Dry’s solid position in the franchise arena as an affordable, effective business, says Doug Smith, Senior Vice President of Franchise Development.
Startup costs are not a barrier to ownership
“The high cost of some franchises keeps entrepreneurs from realizing their business ownership dreams,” Doug says. “Chem-Dry’s low entry point, coupled with financing and equipment options tailored to the new owner’s needs, significantly smooth that path, and Entrepreneur recognizes that. We consistently make the industry’s top ‘best of’ lists for this very reason.”
A new Chem-Dry cleaning franchise can be started for as little as $42,495, much of which can be financed for qualified franchise owners. Couple that with the fact that Chem-Dry is a home-based business, and it’s easy to see the appeal.
Affordability and flexibility are key to entrepreneurs
“New business owners know they are making a big investment, but they want to see a return on that in a reasonable amount of time,” Doug says. “Chem-Dry offers many different packages, so a new owner can customize his or her business to suit their immediate needs and goals. A Chem-Dry cleaning franchise can be set up very affordably, and because there are no overhead costs such as renting a commercial space for operations or inventory, the runway to profitability is much shorter.””
In fact, he adds, “Many new owners start out focusing just on carpet cleaning, but they quickly realize they can maximize their investment by offering granite renewal, leather and upholstery cleaning and all the other services that Chem-Dry has to offer. The combination of a low startup cost and many service lines makes this a business with multiple ways to achieve fast, and lasting, success.”
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 Carbonated 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 countertops, leather and upholstery cleaning.