Chem-Dry Carpet, Tile & Upholstery Cleaning Ranks #1 in Category for 22 Years Running
Chem-Dry carpet, tile & upholstery cleaning company ranks #1 in the carpet cleaning industry and ranks #56 overall in Entrepreneur Magazine’s Top 500 Franchises for 2011. The company improved three spots from #59 overall in 2010. The Chem-Dry brand, owned by Harris Research, Inc., also ranked #49 out of Entrepreneur’s Top 200 Global Franchises – a 2-slot move from #51 in 2010 that offers additional proof of Chem-Dry’s place as a trusted and successful franchise organization.
“Not only is Chem-Dry ranked highly in the Top 500, but it has also been named number one in its industry for 22 consecutive years,” said Bill Knight, franchise development director at Harris Research, Inc. “Chem-Dry is consistently top-ranked because of the great business model, brand name and low-cost opportunity offered for those who want to start their own business.”
Chem-Dry was also ranked #12 out of 100 for Low-Cost Franchises and #13 out of 101 for Top Home-Based Franchises.
“We are thrilled with the recognition from Entrepreneur. The Chem-Dry brand is the leader in the carpet cleaning industry and the household name is easily recognized in the U.S. and around the world among carpet cleaning clients,” said Edward Quinlan, Marketing Director at Harris Research, Inc.
The Entrepreneur Magazine’s 32nd Annual Franchise 500® is said to be the most comprehensive franchise ranking in the world. The franchises are ranked based on financial and statistical data from July 2008 through July 2010. Criteria include objective, quantifiable measures of a franchise operation. Entrepreneur said, “The most important factors include financial strength and stability, growth rate and size of the system.”
Additional factors such as the number of years in business, startup costs, litigation, percentage of terminations and available financing are also considered. All objective factors are plugged intoEntrepreneur’s Franchise 500® formula to calculate a cumulative score and the 500 franchises with the highest scores are announced as the Top Franchise 500®.
Chem-Dry, a subsidiary of The Home Depot, is the world’s largest carpet, tile and upholstery cleaning company with more than 4,000 franchises in 45 countries. For information about owning a franchise, visit http://www.chemdryfranchise.com