Chem-Dry Named to Franchise Direct’s Top 100 Global Franchises List
Flexibility and adaptability to unexpected marketplace forces and steady growth in a pandemic, are differentiators for this evergreen business
Despite a very challenging past 12 months, Chem-Dry floor cleaning franchise owners are growing their customer lists, growing their revenue — and growing in number. That’s true around the United States as well as across the world and continues a steady upward trend that tracks back over forty years.
It’s also why Franchise Direct has tapped Chem-Dry for its Top 100 Global Franchises list, a showcase of the world’s best franchise opportunities.
Global franchises must be flexible and adaptable
This is no small honor. Franchise Direct’s Top 100 Global Franchises list has been a premier franchise ranking since its inception in 2009. Using a methodology that goes beyond system size and financial performance, weighing each area to create a comprehensive analysis of each brand studied.
To be considered, the hundreds of brands reviewed had to have:
- A well-defined business identity
- A clear business plan, a commitment to training and support
- The ability to innovate for keeping pace with ever-changing social and economic conditions
That information, as well as numbers on sales revenue, percentage location growth, total locations, number of countries, years franchising, financial assistance, and more was gleaned from franchise disclosure documents (FDDs), company submitted data, press releases, government filings, and other published industry sources. The data collected for each franchise is plugged into a proprietary computer formula, making the outcome as objective as possible, according to Franchise Direct.
Chem-Dry’s Cleaning Franchise core offerings keep it front and center
“Our growth in the United States and elsewhere in the world, especially in this last year, shows the durability and value of the Chem-Dry carpet cleaning franchise opportunity,” says Douglas Smith, Senior Vice President of Franchise Development. “Recognition like this means a lot to us, as well as to potential Chem-Dry cleaning franchise owners, because it’s a trusted, third-party evaluation of all our positives.”
Why the ongoing success? To list just one reason, Chem-Dry is a scalable business, which appeals to first-time franchise owners anywhere. They can operate from their home vs. having to purchase or lease expensive commercial real estate. They can start with just carpet cleaning, for example, and then add other services, such as leather and upholstery cleaning or granite and tile renewal. That flexibility also allows new franchise owners to keep other careers as they build the business, another major plus for overseas owners who have stakes in many different operations.
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, 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.