All Dry Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$105,899 - $596,950
Franchise Fee
$49,500
Min Cash Required
$10,000
Total US Locations
117
Business Summary
All Dry operates a business that specializes in disaster restoration and cleanup services. This includes a variety of services such as fire damage restoration, smoke damage restoration, flood damage restoration, storm damage restoration, biohazard removal, leak detection, mold cleanup and inspection, sewage cleanup, odor removal, and trauma and crime scene cleanup. All Dry serves both residential and commercial clients.
Corporate History
AD2019 Franchise, LLC, which operates as All Dry, was formed in Florida on August 20, 2019. Its affiliate, All Dry Services, LLC, began operating an All Dry business in Jupiter, Florida, in April 2014, sharing the same principal business address. Matthew Kuntz, the Founder and CEO of All Dry, also previously founded and operated Jupiter-Tequesta A/C from January 1998 until January 2019. All Dry began offering franchises in January 2020.
Financial Overview
Investment Range
$105,899 - $596,950
Franchise Fee (Low)
$49,500
Franchise Fee (High)
$334,500
Minimum Cash Required
$10,000
Royalty %
7%
Marketing %
1%
Equipment Costs (Low)
$36,000
Equipment Costs (High)
$158,000
Working Capital
$42,500
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
All Dry's financial condition, as noted in its Special Risks section, raises questions about its financial ability to provide services and support to franchisees, despite receiving an unqualified audit opinion on its financial statements.
Financing Details
All Dry does not offer any direct or indirect financing options to its franchisees. Franchisees are responsible for securing their own funding and All Dry does not guarantee any notes, leases, or other obligations.
Performance Metrics
Total US Locations
117
Franchised Units
116
Corporate Units
1
Avg Square Footage
300
Franchising Since
2020
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
All Dry has no litigation required to be disclosed in Item 3 of its Franchise Disclosure Document. This means All Dry has a clean legal record with no material lawsuits, complaints, or legal proceedings to report.
Bankruptcy History
All Dry has no bankruptcy history required to be disclosed in Item 4 of its Franchise Disclosure Document. This indicates that neither All Dry nor its officers or affiliates have been involved in any material bankruptcy proceedings.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their franchise agreement, All Dry franchisees must notify All Dry of their intent to renew between 90 and 180 days before the current term ends. They must be in compliance with all contractual obligations at the time of election and renewal, and agree to make any required renovations or changes to their business to meet current System Standards. Franchisees and their owners must also sign All Dry's then-current standard franchise agreement and related documents, including a personal guaranty, and pay a renewal fee of $10,000. Additionally, the franchisee and each owner must execute a general release of any claims against All Dry.
Training & Support Program
Franchisor Assistance
Before opening, All Dry provides assistance with site selection criteria, sample building plans and specifications, lists of approved suppliers, and a review of the franchisee's business plan and financial projections if requested. All Dry also offers advice on market introduction plans and may provide a representative for at least 3 days of on-site opening support. Franchisees receive initial training at All Dry's headquarters and/or a designated All Dry business. After opening, All Dry provides advice (by phone or electronic communication) on improving and developing the business, and resolving operating problems. Upon request, All Dry will provide recommended prices for products and services and recommended administrative, bookkeeping, accounting, and inventory control procedures. All Dry also manages the Brand Fund and maintains a website for the All Dry brand, which includes the franchisee's business information.
Initial Training Hours
168
Training Location
Jupiter, Florida and online
Ongoing Support
After opening, All Dry provides advice to franchisees by telephone or electronic communication to help improve their business and resolve operating problems, if requested and deemed reasonable by All Dry. If in-person support is requested, All Dry may charge a daily fee plus travel expenses. All Dry provides recommended pricing for products and services upon request, and offers recommended procedures for administration, bookkeeping, accounting, and inventory control. All Dry manages the Marketing Fund and maintains a brand website that includes franchisee contact information. The Principal Executive is expected to attend all required in-person and remote meetings, including regional or national brand conferences.
Franchise Requirements
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Supervisory
Territory Type
Non-Exclusive
Territory Size Requirements
All Dry territories are defined by a population of approximately 250,000 people. Franchisees can purchase larger territories for a higher initial franchise fee. These territories are typically delineated by specific boundaries such as counties, other political boundaries, streets, geographical features, or zip codes. Additional population beyond the initial 250,000 can be purchased for $0.20 per person based on mapping software.
Staffing Notes
All Dry provides franchisees with suggested staffing levels and guidelines for hiring employees, along with operational instructions in its Manual that can be used for training new employees. The franchisor's opening support also includes assistance with employee training. However, all hiring decisions and employment conditions are the sole responsibility of the franchisee. The business must always be supervised on-site by either the Principal Executive or a general manager who has successfully completed All Dry's training program.