Chem-Dry Continues Decades-Long Run on Entrepreneur’s Franchise 500
More than 30 years of inclusion on this list of best-bet franchise opportunities showcases Chem-Dry’s adaptability and ability to innovate and grow
It’s that time of year again! The 2020 Franchise 500 List has been released by Entrepreneur magazine and Chem-Dry floor cleaning franchise once again leads in the carpet cleaning franchise category — and celebrates our 32nd consecutive appearance on this roster of amazing brands.
“Entrepreneur is where people start their research when they are looking to open a small business and believe that a franchise is the way to go,” says Doug Smith, Senior Vice President of Franchise Development. “The Franchise 500 is their starting point. It’s a well-researched, timely and informative capsule of the best brands in the market, and what each has to offer in terms of startup costs, market share, growth strategies and more.”
Affordable startup costs ease path to ownership
The list dives into operational costs among its many data points, including startup costs an entrepreneur should know. Chem-Dry is a standout in this area, thanks to its cost-saving model that includes the ability to run a franchise from a home office, to scale up on the franchise owner’s timetable and a very affordable entry point.
“Chem-Dry floor cleaning franchise owners set the terms of their business,” explains Smith. “They identify what equipment package they want to get started with, and work with our training, marketing and other teams to set up the business in a way that’s not overwhelming and lets them start strong. From there, they build out a customer base, bring in new business and grow in a way that makes sense for their goals.”
Available financing for floor cleaning franchise is a strong plus
Chem-Dry further smooths the path to franchise ownership with an array of financing options for startup costs that include in-house financing for qualified applicants, as well as a 10% discount off the initial license fee for veterans. Chem-Dry also is noted for its flat monthly royalty fee, which means that owners aren’t penalized for success.
“Since the very beginning, Chem-Dry has had the right road map to help entrepreneurs start their own business, and to walk alongside them to help with growth strategies that lead to further success,” Smith says. “Our amazing growth both in the United States and around the world, regardless and often in spite of challenging economic conditions, tell a very positive story — one that we are pleased to share once again with Entrepreneur’s readers.”
Chem-Dry is the world’s largest carpet and upholstery cleaning franchise with more than 3,000 franchises in over 55 countries, serving 11,000 homes and businesses a day. Chem-Dry has been Entrepreneur magazine’s top-rated carpet cleaning franchise for 32 straight years. The Chem-Dry Hot Carbonating Extraction process delivers a faster-drying, deeper and more environmentally friendly clean that appeals to home and business owners. In addition to carpet and area rugs, Chem-Dry provides cleaning and renewal services for tile and stone, granite countertops, leather and upholstery, air ducts and dryer vents.