Start a Certified Restoration DryCleaning Network Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $64K - $509K

Units as of 2020: 152

Founded in 1992, Certified Restoration DryCleaning Network is an international organization with highly experienced and trained textile experts. Now with a large pool of locations, Certified Restoration DryCleaning Network has been franchising for decades.

Certified Restoration DryCleaning Network specializes in insurance restoration of laundry and dry cleaning services for all textile types. They offer solutions for both home and commercial settings that have damage from smoke, fire, extreme weather, or exposure to mold and other contaminants.

Certified Restoration DryCleaning Network partners with insurance adjusters, restoration contractors, and third-party administrators to help recover and restore insured losses of household items, business textiles, and electronics.

Why You Should Start a Certified Restoration DryCleaning Network Franchise

Certified Restoration DryCleaning Network has national accounts with leading insurance companies, having established relationships with partners of major contractors across vast parts of North America. Franchisees of Certified Restoration Drycleaning Network enjoy an array of benefits like these:

Proprietary software to help franchisees run restoration businesses efficiently
World-class training and capacity building in the textile and electronics restoration business
Opportunities for direct jobs from established national accounts
Marketing, tech, and training support from the Certified Restoration DryCleaning Network home office team

Certified Restoration DryCleaning Network offers initial training programs and various ongoing support options to help franchisees run their businesses smoothly. The training, whether on the job or in a classroom, requires relatively few hours. Certified Restoration Drycleaning Network typically offers additional training at various locations throughout your franchise experience.

What Might Make Certified Restoration DryCleaning Network a Good Choice?

Restoration services businesses like Certified Restoration DryCleaning Network are often considered to be recession proof, as their services remain in high demand regardless of economic conditions. As a franchisee of this company, you’ll be able to help people get their homes and businesses back to normal after disaster strikes. The company provides an array of training and ongoing support, including marketing support, in exchange for your initial franchise fee. You’ll want to make sure you have enough capital available to cover both the initial investment for the franchise and potential ongoing fees as well. These might include royalty fees, marketing fees, or even renewal fees. The company’s typical franchise agreement lasts for a renewable period of 10 years.

How to Open Your Own Certified Restoration DryCleaning Network Franchise

Joining and running a Certified Restoration DryCleaning Network business is possible whether you have experience in dry cleaning operations or not. You may be required to refer to the Franchise Disclosure Document (FDD) and review the franchise offering with an attorney and accountant. You’ll usually have the chance to chat with a franchise advisor to help you make informed decisions, providing guidance and support.

Advisors might discuss your business goals with you, so you should start thinking now about why a restoration franchise might be a good fit for you. You'll also want to research potential locations for your franchise. This will lay the groundwork as you move forward with opening a Certified Restoration DryCleaning Network franchise of your own.

Company Overview

About Certified Restoration DryCleaning Network

Industry	Maintenance
Related Categories	Restoration Services, Dry Cleaning & Laundry Services, Cleaning/Restoration
Founded	1992
Parent Company	Certified Restoration Drycleaning Network LLC
Leadership	Wayne Wudyka, CEO
Corporate Address	2060 Coolidge Hwy. Berkley, MI 48072
Social	Facebook, Twitter, LinkedIn

Business Overview

Franchising Since	2001 (23 years)
# of employees at HQ	50
Where seeking	This company is offering new franchises worldwide.
# of Units	152 (as of 2020)

Information for Franchisees

Here's what you need to know if you're interested in opening a Certified Restoration DryCleaning Network franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$24,600 - $64,600
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$63,650 - $508,850
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$350,000 - $500,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$60,000 - $100,000
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6-9%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing	Certified Restoration DryCleaning Network offers in-house financing to cover the following: franchise fee

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	7 hours
Classroom Training	26.5 hours
Ongoing Support	Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Ad Templates National Media Regional Advertising Social Media Website Development Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	10
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes