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WHAT ARE MY STARTUP COSTS?
Low-risk, high-ROI, service-based franchise opportunities are in high demand
Opening your own Business
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 € 37,595.00. This includes the initial license fee, turn-key New Business Set and equipment package. As a result, a franchise owner will only have to think about covering living expenses as they are starting the business. There is no better way of opening your own business.
Important points about the costs to own a Chem-Dry franchise:
- The monthly franchise fee is flat and affordable — just €435.48per month
- The investment and startup costs cover the initial license fee, turn-key New Business Set, equipment package.
- 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-free. 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 just another way that we invest in the success of our franchisees to make it easier for you in opening your own business.
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.
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.
Ready to learn more?
For more on the Chem-Dry franchise startup costs, Call us on 0818 700 200 to arrange a no- obligation meeting to get more information. We can’t wait to meet you!
This chart details our financing terms by equipment package. Most new franchisees start their business with the portable option and grow with truck mounted units.
Equipment Option | Equipment | Initial Licence Fee | New Business Set | Total Investment | Down Payment | Balance Financed | Monthly Payment |
Portable | €16,000 | €15,000 | €6,595 | €37,595 | €22,595 | €15,000 | €312.5 + VAT |
Chem-Dry Franchise Starting a new Business Costs
Four components make up the investment and start-up costs when starting a new business from Chem-Dry franchise. Chem-Dry helps finance three of these: the initial license fee, turn-key new business set and the equipment package. These are considered “hard costs” of the franchise investment and vary based on the equipment a new owner chooses.
Initial Hard Cost Investment | ||
(1) Initial Licence Fee | €15,000 | The right to use certain trademark, service marks and other commercial symbols, as well as the right to use the intellectual property in operation of your Chem-Dry business |
(2) TurnKey New Business Setup | €6,595 | Initial Cleaning Solution, and Advertising Materials, training and marketing materials, start-up package of cleaning solutions, spot removal products, and van decals. |
(3) New Equipment A Package |
€16,000 | Portable Power Base Unit, Power Head,( Hot carbonatingextraction head), Tile cleaning Equipment |
Total Hard Cost Invetment | ||
A | €37,595 |
€35,595 |
As shown above when starting a new business the hard cost of the Chem-Dry investment range from €35,595. There is no easier way of opening your own business,The fourth component is essentially working capital to cover other hard and soft costs related to the start up that aren’t financed by Chem-Dry. These costs are variable and depend on the setup of each individual business. The general range for these costs are between €9,100 and €47,600, plus owner living expenses.
Estimated Soft Costs of ChemDry Investment | |
Expenditures | Estimated Amount or Estimated Low-High Range |
Van (2) | €0 – €25,000 |
Telephone | €400 - |
Training Expenses | €400 – €600 |
Insurance | €2,000 – €3,000 |
Additional Funds – 3 months | €2,500 – €9,000 |
Computer System | €800 – €2,000 |
Advertising – 3 months | €3,000 – €10,000 |
Owner Living Expenses | Variable |
Equipement Option | Portable |
Equipment | €15,000 |
Initial Licence | €15,000 |
New Business Set | €5,595 |
Total Investment | €35,595 |
Down Payment | €20,000 |
Balance Finanaced | €15,595 |
Monthly Payment | €325 + VAT |
Initial Hard Cost Investment |
(1) Initial License Fee | €15,000 | The right to use certain trademark, service marks and other commercial symbols, as well as the right to use the intellectual property in operation of your ChemDry business |
(2) TurnKey New Business Setup | €5,595 | Initial Cleaning Solution, and Advertising Materials, training and marketing materials, start-up package of cleaning solutions, spot removal products, and van decals. |
(3) New Equipment Package | €15,000 | Portable Power Base Unit, Power Head,( Hot carbonatingextraction head), Tile cleaning Equipment |
Total Hard Cost Investment |
Estimated Soft Costs of ChemDry Investment |
Expenditures | Estimated Amount or Estimated Low-High Range |
Van (2) | €0 – €23,000 |
Telephone | €400 |
Training Expenses | €400 – €600 |
Insurance | €2,000 – €3,000 |
Additional Funds – 3 months | €2,500 – €9,000 |
Computer System | €800 – €2,000 |
Advertising – 3 months | €3,000 – €10,000 |
Owner Living Expenses | Variable |
Equipment Option | Portable |
Equipment | €15,000 |
Initial License Fee | €15,000 |
New Business Set | €5,595 |
Total Investment | €35,595 |
Down Payment | €20,000 |
Balance Financed | €15,595 |
Monthly Payment | €325+ Vat |