Chem-Dry Carpet Cleaning Franchise Opportunity Recognized With 2020 FranchiseHelp Award
Honor calls out brand’s many positives, including startup costs, market penetration, strong startup, and continued support of franchise owners
FranchiseHelp has announced its 2020 FranchiseHelp Awards and the Chem-Dry floor cleaning franchise opportunity snagged the No. 2 spot! The recognition is particularly gratifying given the many challenges 2020 has thrown at small-business owners. It showcases Chem-Dry’s dedication to both new and longtime owners in a time of economic difficulty, says Douglas Smith, Senior Vice President of Franchise Development.
“Awards and recognition are nothing new to Chem-Dry and we’ve been honored to receive many in our over 40 years,” Smith says. “Even so, given the hurdles we’ve all faced in 2020, this one is especially meaningful.”
Comprehensive ranking methodology shows brand’s deep appeal
“With almost 100 franchisors applying for this year’s ranking, our winners are truly a testament to the strongest companies and trends in franchising,” reported FranchiseHelp in outlining its awards. “We want to celebrate all franchises, but as a comprehensive resource center for prospective franchisees, we saw an opening to evaluate the strength of franchise opportunities provided today.”
Key factors that went into the evaluation process included:
- Cost & Fees: Liquid Capital Requirement, Franchise Fee, Royalty fees
- Size & Growth: Growth rate, closures, years in operation
- Disclosure: Item 19 disclosures
- Support: Marketing Support, Operational Support, Training
Brand’s stability will continue progress in 2021 & beyond
This recognition showcases the hard work of Chem-Dry cleaning franchise owners during 2020. “That, in turn, spells more growth in the coming years, regardless of the economic climate,” Smith says.
“Chem-Dry is a brand that has proven, over many decades, that it can withstand tough challenges,” he says. “We have added dozens of new franchise owners in 2020, even as we faced a global pandemic. Their onboarding and startup success shows any entrepreneur looking at our brand just how much is possible, so we are certain that 2021 will be a banner year for bringing on new Chem-Dry franchise owners.”
Chem-Dry is the world’s largest carpet and upholstery cleaning franchise with more than 3,000 franchises in more than 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, stone, granite countertops, leather, upholstery, air ducts, and dryer vents.