CrdnFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A CRDN franchise requires a total initial investment of $85K – $539K, including a $46K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $1.5M[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $85K – $539K
- 24th pct Cleaning & Ma…
- Avg gross sales
- $1.5M
- 46th pct Cleaning & Ma…
- Royalty
- 6.0%
- 10th pct Cleaning & Ma…
- Units
- 127
- 67th pct Cleaning & Ma…
- SBA default
- N/A
Quick verdict · Cleaning & Maintenance · color = vs category peers
Green = >15% above Cleaning & Maintenance avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Each dollar invested generates 4.9x in gross revenue, well above the typical 1.5-2.5x range.
Franchising since 2001. Systems this mature have refined operations and brand recognition.
Franchised units fell from 126 to 124 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $85K – $539K including a $46K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.5M/year.
- Verdict A (Top Quintile) with a risk score of 20/100.
- No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Certified Restoration Drycleaning Network, LLC
- Ultimate parent
- None
- CEO title
- Chief Executive Officer
- Wayne Wudyka
- CEO experience
- 24 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- MI
- HQ
- 2060 Coolidge Highway, Berkley, Michigan 48072
- Auditor
- Yeo & Yeo
- Audited financials
- Franchisor revenue
- $16.4M
- vs $17.5M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Affiliated brands
- as is its sole shareholder
- Huntington
Other brands the franchisor or its parent operates (Item 1).
Overview
About
CRDN franchisees operate [brand category not specified in data]. Daily operations likely involve customer-facing service or product delivery, inventory/supply management, and adherence to franchisor standards. Without disclosed net income, the actual profit margin and operational feasibility remain unknown.
- CEO
- Wayne Wudyka
- Headquarters
- MI
- Founded
- 2001
- FDD year
- 2025
- States available
- 40
FDD Item 7 · 2025 filing · 20 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Fixed Licensing Fee | $16K | $16K | |
| Territory Fee | $16K | $35K | |
| Initial Package Fee | $14K | $14K | |
| Initial Training Expensesnot refundable | $1K | $3K | |
| Dry Cleaning Trainingnot refundable | $0 | $3K | |
| Real Estate Purchase/Lease and Leasehold Improvementsnot refundable | $15K | $65K | |
| Plant Machinery and Equipmentnot refundable | $0 | $160K | |
| Ozone Machinenot refundable | $300 | $1K | |
| Storage Facility Rent and Depositnot refundable | $0 | $12K | |
| Storage Racking Systemnot refundable | $2K | $20K | |
| Accounting, Legal, and Other Professional Feesnot refundable | $0 | $5K | |
| Miscellaneous Opening Costsnot refundable | $0 | $6K | |
| Signage, Exterior Onlynot refundable | $500 | $1K | |
| Boxes, Solvents and Detergentsnot refundable | $250 | $1K | |
| Vehiclenot refundable | $0 | $20K | |
| Full time marketing personnot refundable | $10K | $20K | |
| Computer hardwarenot refundable | $0 | $8K | |
| Point of Sale Systemnot refundable | $0 | $10K | |
| Insurancenot refundable | $0 | $40K | |
| Additional Fundsnot refundable | $10K | $100K | |
| Total initial investment | $85K | $539K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$183K
12.0% margin
Unlevered ROIC
50%
EBITDA / total invested capital
Payback
24 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $85K – $539K
- Better than avg vs category
- Liquid capital req'd
- $10K – $100K
- Better than avg vs category
- Franchise fee
- $46K – $65K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $63 |
| Transfer fee | $10K |
| Inventory (initial) | $250 – $1K |
| Total fee load | 7.0% of rev |
Financial Performance
- Avg gross sales
- $1.5M
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- gross_sales
- Sample size
- 127 units
- vs category median 31 · large
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Reporting year
- 2024
- Fiscal year the figures cover
- Transparency
- 3 / 5
- vs category median 4 / 5 · below
Compared against 204 Cleaning & Maintenance brands
Revenue is 4.9x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
vs Cleaning & Maintenance averages
How Crdn Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 127
- Opened
- 6
- Last reporting year
- Closed
- 6
- Turnover rate
- 4.7%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 99%
- vs corporate-owned
- Multi-unit owners
- 50.0%
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- +1.6%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 4
- Terminated (3yr)
- 2
- Non-renewed (3yr)
- 1
- Transfers (3yr)
- 4
- Transfer rate
- 3.2%
- Owners selling to other franchisees
- Termination rate
- 2.4%
- Franchisor-initiated terminations
- Ceased ops
- 3.2%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 18 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
CRDN presents moderate-to-high risk: undisclosed unit profitability, franchisor financial concerns, unprotected territory, and opaque growth metrics create significant uncertainty for ROI projections.
Litigation (Item 3)
No litigation information is required to be disclosed in Item 3
Largest disclosed settlement: $64,600
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Yeo & Yeo
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 20 / 100 rating
- 01MEDNo Item 19 (Average Net Income) disclosed — impossible to assess true profitability despite $1.5M average revenue
- 02HIGHGoing Concern status is False — indicates potential financial instability at franchisor level
- 03MINORWide investment range ($84,650–$538,850) suggests inconsistent unit economics or hidden costs
- 04MINORTerritory not protected — franchisees face direct competition from other CRDN locations
- 05MINOR127 units with unknown growth trajectory — no clarity on system expansion or contraction
- 06MINOR6% royalty on gross sales (not net) means profitability erosion regardless of actual margins
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Political Boundaries |
| Protected territory | No |
| Territory population | 600,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 10 days |
| Termination groundsℹ | 1 |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Michigan |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation information is required to be disclosed in Item 3
Items 10, 11
Training & Operations
- Classroom training
- 27 hrs
- On-the-job training
- 9 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
- Site selection
- franchisee
- Franchisor financing
- Offered
- Item 10
- POS system
- RestorNet
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: RestorNet
Item 20 · call current owners
Franchisee Contacts
21 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
CRDN · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a CRDN franchise?
The total investment to open a CRDN franchise ranges from $85K – $539K, with an initial franchise fee of $46K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do CRDN franchise owners earn?
According to Item 19 of the CRDN FDD, the average gross sales per unit is $1.5M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is CRDN's franchise failure rate?
SBA 7(a) loan charge-off data is not available for CRDN (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many CRDN franchise locations are there?
As of their most recent FDD filing, CRDN has 127 total units in the United States, including 126 franchised units and 1 company-owned units. 6 new units were opened in the latest reporting year.
Is CRDN a good franchise to buy?
FranchiseVerdict rates CRDN as a A-grade franchise with a risk score of 20 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.