How to Buy a Chem-Dry Carpet Cleaning Franchise
Chem-Dry Carpet Cleaning franchises clean carpet, upholstery and draperies. Chem-Dry is an international company based in the United States. Chem-Dry does allow absentee ownership of their franchises, but all of the franchises currently are owner operated.
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Instructions
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Investigate the Chem-Dry Carpet, Upholstery & Drapery Cleaning franchise. You'll find Information at chemdry.com or you can call the franchise sales department at (877) 307-8233. They will send you a free DVD about the franchise opportunities.
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Determine if you qualify as a Chem-Dry franchise owner. Chem-Dry requires that there franchisees have a net worth of $75,000 with a cash liquidity requirement of $4,000.
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Work with the Chem-Dry parent company to arrange for financing your franchise. The total cost of the franchise will be from $25,000 to $240,000, depending on the package that you choose and the size of the territory you want. Chem-Dry does provide in-house financing.
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Hire a lawyer that specializes in franchise law, to help you in setting up your franchise. The franchise fee will be between $11,000. and $35,000. There is an ongoing royalty fee of $350 each month. The franchise agreement is for a term of 5 years and is renewable. The renewal fee is $750.
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Attend a five-day training course in Logan, Utah, to learn the Chem-Dry business. In addition to this training, there is full company support and ongoing training.
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Tips & Warnings
Chem-Dry had been in business since 1978 and was purchased by The Home Depot in 2006.
