DuraClean Restoration Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$108,704.66 - $174,004.66
Franchise Fee
$29,500
Min Cash Required
$7,000
Total US Locations
101
Business Summary
Duraclean International, Inc. operates a service business that specializes in professional water damage restoration and mold remediation. The franchise also provides cleaning services for HVAC and dryer vent ducts, carpets, and upholstery for both residential and commercial clients. It is presented as a full-time business opportunity with options for franchisees to expand into new markets and services at their own pace.
Corporate History
Duraclean International, Inc. was founded in 1930 and later organized as an Illinois corporation in 1983. The company first began offering part-time cleaning franchises in 1946. In 1998, Duraclean transitioned to offering full-time franchise opportunities. The company's resources are exclusively dedicated to supporting the Duraclean franchise system.
Financial Overview
Investment Range
$108,704.66 - $174,004.66
Franchise Fee (Low)
$29,500
Franchise Fee (High)
$29,500
Minimum Cash Required
$7,000
Royalty %
8%
Equipment Costs (Low)
$60,504.66
Equipment Costs (High)
$60,504.66
Working Capital
$14,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Qualified opinion
Financial Health Notes
The independent auditors issued an unmodified opinion on Duraclean International, Inc.'s financial statements for 2024. However, for 2023 and 2022, a qualified opinion was given because the financial statements did not fully reflect lease assets and lease liabilities for operating leases, and omitted certain required disclosures. This was identified as a departure from U.S. generally accepted accounting principles, and the quantification of its effects was not practicable. The auditors did not identify any conditions that raise substantial doubt about Duraclean International, Inc.'s ability to continue as a going concern.
Financing Details
Duraclean International, Inc. does not directly offer financing to its franchisees. While the franchisor does not arrange financing from other sources, it notes that a portion of the initial payment for equipment may be leased from third parties, subject to approved credit.
Performance Metrics
Total US Locations
101
Franchised Units
91
Corporate Units
10
Franchising Since
1946
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Duraclean International, Inc. has no litigation cases or legal disputes to report.
Bankruptcy History
Duraclean International, Inc. has no bankruptcy history to report for itself or its management.
Agreement Terms
Initial Term
5 years
Renewal Term
5 years
Renewal Conditions
To renew, Duraclean International, Inc. franchisees must be in good standing and agree to sign a new franchise agreement. The terms and conditions of the new agreement are not expected to be materially different from the original agreement.
Training & Support Program
Franchisor Assistance
Duraclean International, Inc. provides comprehensive support to its franchisees. Before opening, Duraclean furnishes confidential training materials, offers instruction at its Success Institute, provides a vehicle graphics allowance and marketing materials, and assigns a Primary Marketing Area. After opening, Duraclean provides a business website template with optional hosting and six months of search engine optimization, access to a proprietary website with business-building materials, account credits for printed materials and imagewear, and the first year's subscription to Duraclean's Business Software. Additionally, Duraclean maintains an advisory staff of experienced specialists, conducts ongoing support meetings, offers technical information, sales and marketing hints, and performs chemical and equipment research and development. Duraclean also provides warranted equipment and specific cleaning solutions for purchase.
Initial Training Hours
40
Training Location
Buffalo Grove, IL or online/virtual
Ongoing Support
After opening, Duraclean International, Inc. provides franchisees with ongoing support including a business website template with six months of optimization, access to a proprietary website containing various business-building materials (like ad artwork, mailers, forms), account credits for personalized printing and imagewear, and the first year's subscription to Duraclean's Business Software. Duraclean also maintains an advisory staff of experienced specialists in management, marketing, and technical topics, conducts in-person and virtual meetings for networking and industry updates, and offers technical information, sales and marketing hints. The franchisor also maintains chemical and equipment research and development and makes high-quality cleaning solutions, equipment, and supplies available for purchase.
Franchise Requirements
Ideal Candidate Profile
Duraclean International, Inc. seeks individuals committed to a full-time business opportunity. While prior industry or management experience is not explicitly required, as the business has been easily learned by inexperienced franchisees, a candidate willing to be hands-on or supervisory in the business is preferred, as this is the usual procedure.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Full-Time
Territory Type
Non-Exclusive