Chem-Dry Tapped for Franchise Gator’s Top 100 Franchises List
Annual ranking puts the spotlight on brands that are adaptable enough for any entrepreneur and also have proven systems and staying power
Franchise Gator has rolled out its 8th annual Top 100 list and has chosen the Chem-Dry floor cleaning franchise opportunity as one to watch. That’s hardly surprising, given the amount of Chem-Dry growth in recent years — including in a very uncertain 2020.
Inclusion on this list means the Franchise Gator team, after much research, found that owning a Chem-Dry carpet cleaning franchises have demonstrated a track record of success as well as an affordable entry point.
Rankings take deep dive into fundamentals
The rankings are based on a formula that was created by Franchise Gator using brands’ Franchise Disclosure Document (FDD). Criteria include financial stability, growth, transparency, engagement, continuity and sustainability, and operating experience.
“The Franchise Gator Top 100 was developed with the average buyer in mind,” said Eric Bell, General Manager of Franchise Gator and Vice President of Franchise Ventures, in an interview given when the list was released. “Those interested in investing in a franchise concept need to know that there are so many more options other than the costly, name-brand fast-food concepts. We at Franchise Gator have been helping those seeking to invest in a franchise opportunity for almost two decades. Our focus is introducing prospective franchisees to concepts they may not have otherwise come across. Our Top 100 list is an extension of that effort; it’s here to help identify concepts with certain signals that point towards less risk.”
Chem-Dry’s across-the-board value has appeal
“We are really happy to be included on Franchise Gator’s latest list of top-performing franchises,” says Doug Smith, Senior Vice President of Franchise Development. “This list comes from our own FDD so it’s the same story that we tell any entrepreneur who’s discovered our brand and wants to learn more.”
“When potential owners dig into that research,” Smith adds, “they see why Chem-Dry growth has been so solid for decades. In sum, they find a business model that is affordable, flexible, durable, and designed for growth, no matter what the economy is doing. Our success for over 40 years has certainly proved that. I think that’s why Franchise Gator and so many other respected evaluators are recognizing what we offer.”
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 33 straight years. The Chem-Dry Hot Carbonating Extraction process delivers a faster-drying 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, and dryer vents.