DRYmedic Restoration Services logo

DRYmedic Restoration Services

Disaster restoration and remediation
Investment
$196,325
Initial Franchise Fee
$45,000
Units
101
Growth Rate
+197.1%

Overview

Industry
Maintenance
Founded
1971
Franchising Since
1996
Parent Company
Authority Brands
Leadership
Carlos Hesano, President
# of Employees at HQ
1738

Units and Growth Chart

About DRYmedic Restoration Services

DRYmedic Restoration Services, previously known as Service Team of Professionals, or STOP Restoration, is a property damage restoration business dedicated to helping those affected by life's challenges. DRYmedic Restoration Services offers water, fire, and smoke damage restoration, mold remediation, and biohazard cleanup.

DRYmedic is part of Authority Brands, a parent company which also franchises a number of other home service brands, including The Cleaning Authority, Screenmobile, Mosquito Squad, Monster Tree Service, Junkluggers, Color World Painting, Mister Sparky, ASP-America's Swimming Pool Company, Benjamin Franklin Plumbing, and more.

Why You May Want to Start a DRYmedic Restoration Services Franchise

DRYmedic Restoration Services is looking for a franchisee who is dedicated to outstanding service, hungry for growth, and enjoys having fun. The ideal candidate is resourceful, timely, dedicated, and persistent. If this tenacious spirit of ingenuity sounds like you, opening a DRYmedic Restoration Services location may be easier than ever. 

DRYmedic Restoration Services’ business model believes in starting small and allowing the franchisee to choose which services they wish to offer when you get started. You can then expand your services later once you're comfortable operating the franchise under the proven business model.

With fairly frequent natural disasters and accidents, large and small, services may be required to meet needs and get clients back on their feet and into their homes. While these occurrences are unfortunate, DRYmedic Restoration Services is there to help. 

What Might Make a DRYmedic Restoration Services Franchise a Good Choice?

Opening a SDRYmedic Restoration Services franchise may have a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

How To Open a DRYmedic Restoration Services Franchise

To be part of the DRYmedic Restoration Services family, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

As you decide if opening a DRYmedic Restoration Services franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a DRYmedic Restoration Services franchise would do well in your community. While competition is healthy, too much of it may not allow for possible growth.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the DRYmedic Restoration Services franchising team questions.

It may be a good idea to speak with a financial advisor or attorney in order to ensure that you are prepared to own and operate a DRYmedic Restoration Services franchise.

Investment Details

Initial Franchise Fee
$45,000
Initial Investment
$196,325 - $318,860
Net Worth Requirement
$400,000
Cash Requirement
$75,000
Royalty Fee
5%-7%
Ad Royalty Fee
$595+/mo.
Technology Fee
$800/mo.
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
30% off franchise and additional population fees

Available Territories

Franchising opportunities available in the following regions

United States

States

Alaska Alabama Arkansas Arizona Colorado Connecticut District of Columbia Delaware Florida Georgia Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Wisconsin West Virginia Wyoming

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
48 hours
Classroom Training
48 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
0-10
Are exclusive territories available?
No

Ranking History

DRYmedic Restoration Services performance in the Franchise rankings over recent years

Additional Rankings

Curious to know where DRYmedic Restoration Services ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022