Chem-Dry
Harris Research Inc.
Company Information
124 12th Ave. South, Suite 300 Nashville, TN 37203
Harris Research, Inc. is a Utah corporation incorporated in March 1994 with its principal business address at 124 12th Ave. South, Suite 300, Nashville, TN 37203. HRI and its predecessors have offered Chem-Dry Franchises since September 1978.
To become a franchisee of a Chem-Dry Business, you must enter into the Franchise Agreement (the “Franchise Agreement”) and the Business Note (the “Business Note”);attached as Exhibits B and C, If a franchisee iS a corporation or other entity, all ownersvi/ith more than 5% ownership interest must executedhe Guaranty and Assumption of Obligation attached to the Franchise Agreement. Under the terms of the Franchise Agreement, you must offer and perform carpet and area rug cleaning up holstery cleaning, spot removal and protecting services, including removing red stains, treating pet Urine odor on carpets and imparting stain resistance to carpet fibers. You also may offer and perform additional approved services which may require certification by successful completion of additionaltraining and/or the purchase of additional equipment and cleaning: solutions. We reserve the right to Change the list of additional approved services frOm time to time, but the current list of additional approved services includes leathef and vinyl cleaning, carpet repair, earpetspot dyeing, vinyl composite tile cleaning services, wood floor cleaning, dryer vent cleaning, and air duct Cleaning.
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Franchise Rating
Franchimp Summary Rating
5/10
Earning Transparency
7/10
Investment Accessibility
3/10
Summary of potential earnings
$315,127 / unit
Average Revenue During 2022Maintenance Services
Franchise System Development
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Distribution of Chem-Dry Franchisee
Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $62,995 Maximum: $136,520
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $72,145 Maximum: $253,869
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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