All Dry Franchise – Costs, Fees & Earning Stats
Net Worth Requirement:
Units in Operation:
$81,799 - $201,850
All Dry is a franchise that specializes in water damage restoration. The company was started in Florida in 2014 by Matt Kuntz. All Dry also offers mold remediation, restoration and cleanup services.
All Dry is becoming one of the leading restoration cleanup franchise opportunities in the United States.
In this article, we will discuss the costs, fees, and earning potential for an All Dry franchise.
Is All Dry a franchise?
All Dry is a franchise and has been providing high-quality water damage restoration services to homeowners in the greater US for 8 years. All Dry has a team of certified technicians available 24/7 to respond to emergencies to make sure the client receives exceptional service. They also take same-day appointments.
All Dry is in a recession-proof industry and generally, property owners have insurance on their homes to cover emergencies.
All Dry is certified by the Institute of Inspection, Cleaning, and Restoration Certification (IICRC). In addition, All Dry is licensed and insured, and the technicians go through company training. As a result, you can be confident that you’re getting the best possible service when you choose All Dry.
How many All Dry franchises are there?
The All Dry services franchise is a network of independently owned and operated franchises that provide water damage restoration services. The company started franchising in 2020, and there are currently over 72 units in operation across the United States.
All Dry franchises are dedicated to providing quality service and restoring peace of mind to their customers. The company offers a wide range of services, including mold and sewage cleanup, odor removal, fire, smoke, flood, storm damage restoration, and leak detention services.
All Dry franchises are equipped with the latest technology and All Dry provides fast and reliable service for unexpected and unfortunate events that occur throughout the year.
All Dry offers are free estimates, same-day appointments, doing the work themselves (i.e. never using subcontractors) and they have Spanish-speaking technicians for when restoration and cleanup jobs are needed.
How much does an All Dry franchise cost?
The cost of an All Dry franchise is $86,949 – $212,000, which includes the start-up costs. There are other costs involved so make sure to read the franchise agreement along with the Franchise Disclosure Document.
They do offer 24/7 support for franchisees and a full week of training at their headquarters in Jupiter, FL., to get franchisees ready to go.
All Dry also has franchise opportunities in select markets.
What is the All Dry franchise fee?
The All Dry initial franchise fee is a one-time payment of $49,500. This fee gives you the exclusive right to use the trademarks and logos, as well as access to our proprietary methods and processes. In addition, they provide ongoing support to help you grow your business and answer any questions you may have along the way.
Plus, as a member of the All Dry network, you’ll have access to our proven business model and proprietary software system.
There is financing available to franchisees so you can get started with everything you need to be successful. With the All Dry franchise fee, you’re getting a high-quality product and service that will help you grow your business.
As with any business, there are fees involved. There is a 7% royalty fee on gross sales and a brand fund fee of 1% on gross sales. In addition, All Dry requires franchisees to have $75,000 in liquid capital and a net worth of $200,000.
How much do All Dry franchise owners make?
In 2019, the corporate outlet did $4,090,488 in revenue and $1,347,280 went to the bottom line. To be fair, this location covers 1.5 All Dry territories.
How much a franchise makes depends on a number of factors, including the size of the franchise territory and the number of customers serviced. Franchise owners who are able to effectively market their business and build a strong customer base can expect to see higher revenues.
In addition, those who are able to keep their overhead costs low will also see a boost in their bottom line. By carefully managing these factors, All Dry franchise owners can maximize their earnings potential.
The Wolf’s Take 🍟
Apologies for how small the text is in the financials folks. I tried making it bigger, but that was the best I could do without making it blurry. Have no fear though, I’ll fill you in on what was just too strong of a P&L from All Dry to not cover the brand immediately.
In 2019, the corporate outlet did $4,090,488 in revenue. Of that…a whopping $1,347,280 dropped to the bottom line. That’s a ridiculous 32% margin after royalties.
All Dry is newer to franchising (started in 2020), and their affiliate business only launched in 2014. Even in that first year, they were able to do $226k in net ordinary income off $375k in revenue.
What Exactly Does All Dry do?
All Dry does professional restoration and cleanup for businesses and homes. This means if your house or business has experienced a disaster, from floods to fires, All Dry comes in and cleans it up + restores your house to its proper state.
Major Key: Insurance 🔑
As we can tell from the financials, the margins are insane. I’d guess a big reason for this is that depending on the disaster, many times the “victim” isn’t the one paying for this service, but rather it’s the insurance provider.
If you have flood insurance and a hurricane causes major flooding in your house, you still need a restoration team to fix things up. It’s a lot easier to charge a pretty penny when the homeowner has a fat pile of cash ready to go from the insurance payout.
This is a really interesting service business with a ton of upside 🤑
The All Dry franchise is a turnkey solution for those interested in starting their own business in the water damage restoration industry. All Dry franchises are dedicated to providing quality service and restoring peace of mind to their customers. If you’re looking for a franchise in the water damage restoration industry, All Dry is definitely worth considering.
As with any opportunity, do your own research and due diligence before entering into any opportunity.
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