Looking For Low-Cost Franchises? Chem-Dry Is the Answer
Low-cost franchises are on the rise
The COVID-19 pandemic got a lot of people looking at what it would take to start their own business. After plenty of research and weighing the pros and cons of different low-cost franchises, hundreds have settled on owning a Chem-Dry franchise.
Small wonder. Every year, Entrepreneur magazine compiles a list of the top low-cost franchises available, and every year, Chem-Dry is at or near the top of the list (it also appears in the magazine’s highly anticipated Franchise 500 and many other rankings from trusted franchise-vetting publications and industry watchers).
One reason why Chem-Dry has been a hot commodity in the franchise market for 45 years? You’re standing on it. If a building has a floor, it has a surface that a Chem-Dry franchise team can clean. And that’s just the beginning.
A low-cost franchise with a high ROI
Now think about the costs to become a Chem-Dry owner. Unlike many franchise brands, Chem-Dry is affordably priced, with entry points to suit everyone from the first-time business owner to someone with complementary companies looking to add a Chem-Dry franchise to capture more revenue.
The initial investment starts at $69,145, which includes the initial license fee, website development and marketing support, equipment package, and working capital. As a result, a franchise owner will only have to think about covering living expenses as they are starting the business. Some other differentiators:
- Flat monthly franchise fee — just $430.89 per month
- We offer low-cost, in-house financing for the cost of the license fee
The Chem-Dry investment model results in a franchise with tremendous scalability and earning potential. Many entrepreneurs can secure multiple licenses and lock down more territories, depending on their financial situation, level of ambition, and commitment to growing their business.
The revenue potential is off the charts. Every year, Chem-Dry conducts an internal study to gauge how well franchise owners are doing. In 2021, 231 owners representing 723 franchise units participated. Here’s what they had to share:
- The top 25% of Chem-Dry owners saw $722,902 in average revenues.
- That same top 5% earned an average of $359.85 per job.
A lot of factors are at play there. Because Chem-Dry is a customizable business, where owners work as much or as little as they like, there will obviously be more opportunity for higher revenues with longer hours and more jobs.
Top-tier franchise support
Thousands of franchise locations opened over 45 years means the Chem-Dry team has perfected the franchise support, training, and tools. After completing the comprehensive training program at the Logan, Utah, campus, new Chem-Dry franchise owners will have hands-on experience with back-office business systems, learned the best practices in carpet cleaning, and interacted with the best trainers using the most cutting-edge equipment in the industry.
Some franchise opportunities throw new owners in the classroom, show them the “on” switch, and send them on their way. At Chem-Dry, training and support extends well beyond the classroom, with mentoring and other engagement opportunities through the first year of operation and continuing thereafter. During the first year of operations, a QuickStart coach provides lessons that reinforce training and help calm nerves, while simultaneously helping new franchisees set and achieve benchmarks, which promotes success.
Chem-Dry franchise owners can also tap into a network of knowledgeable and caring business owners. They meet up throughout the year at multiple in-person training events at regional mini-conventions, annual franchise conferences, and venues around the world. And when it’s time to hire staff, the advanced Chem-Dry University online training program allows them to sharpen their skills and develop the knowledge necessary to achieve peak performance.
Why customers love Chem-Dry
Chem-Dry was founded on its proprietary Hot Carbonating Extraction process to clean carpets, upholstery and other surfaces. The process uses 80% less water than steam cleaning and takes just an hour or two to dry, rather than more than a day with traditional steam cleaning. The fast dry time deters mold and mildew, which can gain a foothold in carpets oversaturated by steam cleaning. Chem-Dry is also safer for kids and pets. Its primary cleaner, The Natural, is Chem-Dry green-certified and doesn’t use any phosphates or detergents.
In addition to those healthy-home benefits, Chem-Dry’s processes are also designed to be effective. The company’s cleaning solutions are designed by chemists who study the best and safest ways to remove stains. That research has led to applications beyond carpet cleaning. Chem-Dry has also mastered methods for cleaning tile and grout, granite surfaces, leather furniture, upholstery, area rugs, and much more. With Chem-Dry, even more homes will be able to take advantage of your cleaning prowess, further expanding your pool of potential customers.
Learn more about Chem-Dry today!
Chem-Dry is the world’s largest carpet and upholstery cleaning franchise, with more than 2,500 franchises in more than 55 countries, serving 11,000 homes and businesses a day. Chem-Dry is a top-rated global franchise with unrivaled franchise service and support. If you’re interested in starting a conversation about investing in a Chem-Dry franchise, fill out our form here, and our team will be in touch. You can also learn more by visiting our research pages here.