In this FDD Talk post, you’ll learn the following:

• Section I – Estimated initial investment (franchise costs) for an All Dry Services franchise, based on Item 7 of the company’s 2022 FDD

• Section II – Initial franchise fee, royalty fee, and marketing fee for an All Dry Services franchise, based on Items 5 and 6 of the company’s 2022 FDD

• Section III – Number of franchised and company-owned All Dry Services outlets at the start of the year and the end of the year for 2019, 2020, and 2021, based on Item 20 of the company’s 2022 FDD

• Section IV – Background information on the All Dry Services franchise opportunity, including relevant news updates

• Section V – Presentation and analysis of All Dry Services’ financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2022 FDD, including information on the:

• 2021 total income, expenses (advertising/marketing referrals, materials/equipment rental, payroll and fees, education – tuition and seminars, equipment repairs and maintenance, utilities, facility rent, repair and maintenance vehicle, fuel vehicle, general liability insurance, insurance vehicle, permits and licenses, accounting and audit fees, communications, bank fees), imputed royalty fees, imputed brand fund fees, and net income for the franchisor’s affiliate, All Dry Services, LLC, based in Jupiter, Florida

• Section VI – Key ratios, comparables, computations, and analyses for the All Dry Services franchise opportunity (exclusive content for Platinum subscribers)

Section I – All Dry Services Franchise Costs

• All Dry Services franchise costs, based on Item 7 of the company’s 2022 FDD:

• Initial Franchise Fee:  $49,500
• Rent and Lease Security Deposit:  $0 to $3,750
• Utilities:  $0 to $500
• Leasehold Improvements:  $0 to $2,000
• Market Introduction Program:  $2,000 to $3,500
• Furniture, Fixtures, and Equipment:  $20,000 to $35,000
• Computer Systems:  $299 to $2,000
• Insurance:  $500 to $4,000
• Vehicle:  $1,000 to $50,000
• Signage:  $0 to $1,000
• Office Expenses:  $0 to $1,000
• Inventory:  $500 to $2,500
• Licenses and Permits:  $300 to $2,000
• Dues and Subscriptions:  $100 to $1,000
• Technology Fee:  $250
• Professional Fees (lawyer, accountant, etc.):  $1,500
• Travel, Lodging, and Meals for Initial Training:  $1,000 to $2,500
• Additional Funds (for first 3 months):  $10,000 to $50,000
• Total Estimated All Dry Services Franchise Costs:  $86,949 to $212,000

Section II – All Dry Services’ Initial Franchise Fee, Royalty Fee, and Marketing Fee

• All Dry Services’ initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2022 FDD:

• Initial Franchise Fee:  $49,500
• Royalty:  7% of Gross Sales, subject to a minimum weekly Royalty Fee of $125 per Territory beginning in your 13th month of operation
• Brand Fund Contribution:  1% of Gross Sales
• Local Advertising:  4% of Gross Sales
• Market Cooperative Contribution:  as determined by co-op; currently, none

Section III – Number of Franchised and Company-Owned All Dry Services Outlets

Franchised

2019

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  0
• Net Change:  0

2020

• Outlets at the Start of the Year:  0
• Outlets at the End of the Year:  1
• Net Change:  +1

2021

• Outlets at the Start of the Year:  1
• Outlets at the End of the Year:  49
• Net Change:  +48

Company-Owned

2019

• Outlets at the Start of the Year:  1
• Outlets at the End of the Year:  1
• Net Change:  0

2020

• Outlets at the Start of the Year:  1
• Outlets at the End of the Year:  1
• Net Change:  0

2021

• Outlets at the Start of the Year:  1
• Outlets at the End of the Year:  1
• Net Change:  0

Section IV – Background Information on the All Dry Services Franchise

11 Things You Need to Know About the All Dry Services Franchise

Becomes Official Partner of The Palm Beach County Golf Association

1.  In mid-April 2022, The Palm Beach County Golf Association announced an Official Partnership with All Dry Services. Since 2014, All Dry Services has been dedicated to helping homeowners and business owners who are dealing with the aftermath of disasters.

2.  As a part of the Official Partnership, the comprehensive restoration and cleanup company will become Title Sponsor of the 43rd Senior Amateur presented by MyAllDry.com event at Turtle Creek Golf Club in Tequesta, Florida to be held from Friday, September 9 to Saturday, September 10, 2022. Involved as a tournament supplier, MyAllDry.com’s continued support provides the PBCGA tournament participants with a logoed golf towel at the 43rd Senior Amateur presented by MyAllDry.com.

3.  Jordan Schneider, PBCGA executive director, said, “We are excited to have All Dry as an Official Partner in 2022. All Dry has been a longtime supporter of local community projects and we are proud to grow and develop our relationship with the company.”

Massachusetts Franchisee Strives to Provide Best Service Possible

4.  In mid-April 2022, an All Dry Services franchise in Massachusetts was featured on local news for offering top-notch services. All Dry Services of Central Massachusetts is available around the clock to address water emergencies before they develop into even more severe mold issues. Garrett Pacy, one of the managers of the All Dry franchise, said, “We pride ourselves on the quality of our work.”

5.  Since expanding into Massachusetts less than a year ago, All Dry has responded to calls from more than 150 patrons with water and/or mold issues. Pacy described one of the business’s biggest projects thus far, which involved a home infested with mold. “It was a family moving into a new home and mold was in the crawl space, attic, basement and a shed,” Pacy said. “The mold was overwhelming, and the family was in critical need.” The team went in, though. They got their work done and left the homeowner feeling pleased.

6.  Pacy, who has been in the water/mold remediation business for several years, said he and fellow specialists at All Dry stand out from similar companies because they exhibit compassion for the plight of their customers. He added, “We go into people’s homes and calm them down after disasters. We focus on the customer first and not how much money we can make on a project. Our goal is to specialize in human relations and make people happy.”

7.  The Institute of Inspection Cleaning and Restoration Certification acknowledges All Dry as one of 6,500 firms in the world with certified expertise to handle building moisture and water damage restoration. According to Pacy, “To be certified in this industry proves that we are a reputable source. When people are going through an ordeal such as flooding, water leaks or finding mold, they want to make sure someone can handle it correctly. While some states require certification, Massachusetts doesn’t. However, we want to stay on top of knowing all the latest industry standards.”

8.  Pacy said customers are also pleased that All Dry can handle insurance claims following disasters. “Once customers file the claims, we take over from there because we know that can be stressful,” Pacy said. “We want to make things easy and as painless as possible.”

Company History

9.  All Dry Services was founded in 2014 by Matt Kuntz in Central Florida. Kuntz spent over 25 years running an air conditioning, plumbing, and electrical business. Over that time, Kuntz grew that company from one technician to over 150+ technicians with double-digit growth 24 out of 25 years. When he was ready to move on to his next business venture, Kuntz sold his air conditioning, plumbing, and electrical business to a Fortune 100 company.

10.  Using all the knowledge and experience he gained, Kuntz developed the concept for All Dry and opened the first location in 2014. Kuntz began franchising All Dry in 2020. Today, there are All Dry Services locations in a handful of states with more slated to open in the coming years.

Entrepreneur’s Franchise 500

11.  All Dry Services did not rank on Entrepreneur’s 2022 Franchise 500 list.

Section V – Financial Performance Representations (Average Revenues and/or Profits) for the All Dry Services Franchise (Item 19, 2022 FDD)

• The franchisor’s affiliate, All Dry Services, LLC, based in Jupiter, Florida, has operated a business of the type offered in the Disclosure Document since April of 2014. The table below represents the financial performance of this outlet during the entire 2021 calendar year.

• This outlet served an area consisting of an estimated 370,000 people, which is approximately equal to one and a half territories under the Disclosure Document. This outlet did not pay an initial franchise fee and has not paid royalty fees or brand marketing fund fees. Other than the above-mentioned details, there are no material differences between this outlet and the franchise concept described in the Disclosure Document.

Corporate Outlet Annual P&L (January 1, 2021 to December 31, 2021)

Total Income:  $2,933,279.17 (100.00%)

Expenses

• Advertising/Marketing Referrals:  $210,482.36 (7.18%)
• Materials/Equipment Rental:  $202,999.58 (6.92%)
• Payroll and Fees:  $1,203,272.58 (41.02%)
• Education – Tuition and Seminars:  $2,500.00 (0.09%)
• Equipment Repairs and Maintenance:  $30,657.92 (1.05%)
• Utilities:  $19,524.20 (0.67%)
• Facility Rent:  $27,409.25 (0.93%)
• Repair and Maintenance Vehicle:  $4,941.38 (0.17%)
• Fuel Vehicle:  $60,793.64 (2.07%)
• General Liability Insurance:  $40,834.62 (1.39%)
• Insurance Vehicle:  $23,847.60 (0.81%)
• Permits and Licenses:  $1,363.54 (0.05%)
• Accounting and Audit Fees:  $11,844.00 (0.40%)
• Communications:  $18,841.80 (0.64%)
• Bank Fees:  $2,160.00 (0.07%)
• Total Expenses:  $1,861,472.47 (63.46%)

Imputed Royalty Fees:  $205,329.54 (7.00%)

Imputed Brand Fund Fees:  $29,332.79 (1.00%)

Net Income:  $837,144.37 (28.54%)

• This outlet did not pay Royalty or Brand Fund fees, so these figures have been imputed within the above charts to reflect how those fees would affect the overall financial representations.

• Vehicle Repairs and Maintenance include standard maintenance (oil change, tire rotation, etc.).

• Technology/Communications estimate to roughly $250 per employee for software, phones, tablets, etc., which includes the software fees that franchisees will incur per Item 6 of the Disclosure Document.

• It is recommended that the business be run out of the owner/operator’s home during the first couple of years.

• The corporate outlet disclosed above was operated from home for the first two and a half years before an office was added.

• “Total Income” is all income derived from the sale of services by the corporate outlet.

• Some outlets have earned this amount. Your individual results may differ. There is no assurance you’ll earn as much.

Section VI – All Dry Services Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️