What Are My Startup Costs?
Low-risk, high-ROI, service-based franchise opportunities are in high demand
We believe Chem-Dry is one of the best investments out there. Smart entrepreneurs are locking down available Chem-Dry territories to secure their careers and financial futures. Keep reading for all the info on the Chem-Dry franchise startup costs.
A Chem-Dry franchise owner’s initial investment starts at $71,145. This includes the initial license fee, turn-key New Business Set, 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.
Important points about the costs to own a Chem-Dry franchise:
- The monthly franchise fee is flat and affordable — just $452.43 per month
- The investment and startup costs cover the initial license fee, turn-key New Business Set, equipment package, and working capital
- We offer low-cost, in-house financing for the cost of the license fee
- No national ad fund that you have to pay into
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.
Do You Offer Financing?
Chem-Dry offers low-cost, in-house financing for the cost of the license fee and the loan is interest- and payment-free until the fourth month of operation. Cash is crucial in the first few months of any new business and we want our new franchisees to have the first few months to reinvest in their business. This type of financing is unmatched in the franchise industry, and it is just another way that we invest in the success of our franchisees.
CHEM-DRY FRANCHISE COST
Four components make up the investment and startup costs of a Chem-Dry franchise business: initial license fee, turn-key New Business Set, equipment package and working capital. Chem-Dry helps finance three of these, which are considered hard costs of the franchise investment and vary based on the equipment a new owner chooses.
CLEANING FRANCHISE COST:THE VARIABLES
As shown above, hard cost of the Chem-Dry investment ranges from $71,145 to $234,924. The initial license fee is fixed at $23,500. The cost of the New Business Set varies depending on which package a new franchisee starts the business with and ranges from $38,945 to $74,995.
The fourth component–working capital–covers other hard and soft costs related to the startup that aren’t financed by Chem-Dry or a third party. These costs are variable and depend on the setup of each individual business. The general range for these costs is between $12,100 – $133,280, plus owner living expenses.
Ready to learn more?
For more on the Chem-Dry franchise startup costs, fill out our request franchise form, and we’ll be in touch with more information. We can’t wait to meet you!