Chem-Dry
BFG Holdco, Inc.
Company Information
3310 West End Avenue, Suite 620
HRI is a Utah corporation incorporated in March 1994 with its principal business address at 124 12th Ave. South, Suite 300, Nashville, TN 37203; we continue to have an additional location at 1530 North 1000 West, Logan, UT 84321, which was HRI’s principal address from 1993 to May 2012. HRI was originally incorporated in California in November 1977. HRI's agent for service of process is disclosed in Exhibit A.
Not Available
4 Ongoing Lawsuits
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Franchise Rating
Franchimp Summary Rating
6/10
Investment Accessibility
6/10
Franchise System Development
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Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $57,500 Maximum: $77,345
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: $67,600 Maximum: $207,295
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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