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Below is an in-depth analysis and side-by-side comparison of Creative Colors vs Chem-Dry Carpet Drapery & Upholstery Cleaning including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $179,125 - $266,650 | $67,645 - $191,507 |
Franchise Fee | $49,500 | $23,500 |
Royalty Fee | 7.5% | $409/mo. |
Advertising Fee | 1% | - |
Year Founded | 1980 | 1977 |
Year Franchised | 1991 | 1978 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | up to 20% of current fee | $1000 |
Business Experience Requirements |
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Experience | $30,000 liquid capital & $50,000 in assets | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/No |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Franchisee must participate in an initial training and familiarization course of three weeks duration held in Mokena, IL. You'll learn sales and marketing techniques, financial controls, upholstery coloring, restoration and repair methods, and other administrative and operational aspects of the Creative Colors International business. In addition, a Creative Colors International field representative will spend one week with you in your territory around the time your business commences operations to help you get started. On-The-Job Training: 40+ hours Classroom Training: 120+ hours | One week online training, one week hands-on training at one of our offices in Nashville, TN or Logan, UT. For your first year of operations, our Quick Start Coach will help you adopt Chem-Dry best practices, reinforce the lessons learned in training, calm nerves when they get shaky and assist in setting and achieving benchmarks to ensure success. On-The-Job Training: 17 hours Classroom Training: 23 hours Additional Training: Video training |
Support | As a Creative Colors International franchise owner, you'll receive periodic visits from a trained field representative, who will provide guidance and quality control, and answer any questions you may have. In addition, you will receive a copy of the Creative Colors International Confidential Operations Manual, Training Manual and Employee Manual, which covers the policies and procedures involved in running your business. As the manuals are updated, revisions will be made available to you. And, of course, we'll be only a phone call away for answers to questions that arise during the day-to-day operation of your franchise, as well as having our Intranet available 24/7. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform | Our operations staff helps franchisees develop their businesses and meet their goals beyond the one-year mark. One of our most advanced and popular programs is Chem-Dry University, an online training program for technicians and local office staff members that allows them to sharpen their skills and knowledge through interactive games, tests and certifications. Besides the five-day initial training, the year of Quick Start-focused support and our ongoing operational support and distance learning, we provide multiple in-person training events throughout the year. Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Regional advertising | Ad Templates National Media SEO Website development |
Operations |
Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 4
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Offices in Nashville, TN and Logan, UT Franchise can be run from home. 49% of all franchisees own more than one unit.
Absentee ownership of franchise is allowed. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | Yes |
Carpet cleaning is a monstrous market. Carpet makes up more than 47 percent of all private floor covers in the United States, and Chem-Dry has contrived a superior approach to clean it and keep it clean. Since our establishing in 1977, we've utilized a licensed strategy for Hot Carbonated Water Extraction to assault soil, tidy, oils and allergens in cover strands and on hard surfaces. Our rugs dry all the more rapidly and stay cleaner and more beneficial for longer than they would with whatever other cleaning strategy; we're glad that the Carpet and Rug Institute has given our procedure its Seal of Approval. Our technique is protected and earth well disposed, with a natural cleaner and no destructive chemicals or cleansers. WHY CHOOSE CHEM-DRY? You can possess a Chem-Dry establishment and join the world's biggest cover cleaning brand, with almost 3,500 areas in 51 nations around the world. Even with about 3,500 areas around the globe, we're not done developing. Chem-Dry started diversifying in 1978 and now has areas in 51 nations. Chem-Dry is a standout amongst the most perceived brands in diversifying, and its low speculation cost and high rates of return make it one of the best establishment values around. That is not quite recently our sentiment. Business visionary magazine has appraised Chem-Dry the top cover cleaning establishment for a long time consecutively. Our establishment proprietors say they adore the opportunity and adaptability Chem-Dry possession offers them to make the most of their families and interests. THE BENEFITS FOR YOU We appreciate a client retention standard of 96 percent, by a wide margin the best in the business. Also, our preparation and emotionally supportive networks are sharpened and refined over our 38+ years in diversifying. We're caught up with consenting to arrangements with aggressive business visionaries prepared to exploit one of the establishment business' best open doors.