FranchiseVerdict
DRYMEDIC logo
FV-00802·MODERATEExcellent91

Drymedic

Cleaning - Commercial & JanitorialFranchising since 2021Website
Investment
$196K – $319K
83rd pct Commercial & …
Avg revenue
$718K
33rd pct Commercial & …
Royalty
Units
89
69th pct Commercial & …
SBA default

Bottom line

  • Total investment $196K – $319K including a $45K franchise fee.
  • Average unit revenue of $718K/year (median $653K).
  • Rated MODERATE with a risk score of 57/100.
  • System growing at 148.1% CAGR over 3 years with 89 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
STOP Franchising SPE LLC
Parent company
AB Assetco LLC
Incorporated in
Delaware
HQ
7120 Samuel Morse Drive, Suite 300, Columbia, Maryland 21046
Auditor
PricewaterhouseCoopers LLP
Audited financials
Franchisor revenue
$219.1M
vs $226.4M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one DRYMEDIC unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $717,860
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $196K–$319K
Working capital
$
FDD reports $32K–$56K

Unlevered ROIC · per unit

24%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$72K
EBITDA margin
10.0%
Total invested
$302K
Payback
50 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 DRYMEDIC units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$431K

on $2.2M purchase

Total debt

$1.7M

SBA $1.1M + senior + seller note

Overview

About

DRYMEDIC franchisees operate emergency water mitigation and restoration services, responding to water damage claims through insurance partnerships. Day-to-day work includes equipment deployment, moisture remediation, contents restoration, and reconstruction project management. Revenue streams come from insurance claims (tiered royalties) and direct customer reconstruction work (lower royalty rate).

CEO
Craig Donaldson
Founded
2021
FDD year
2025
States available
21

Item 7 · what it costs

The Vitals

Total investment
$196K – $319K
All-in to open one unit
Liquid capital
$32K – $56K
Cash you must have on hand
Franchise fee
$45K
Royalty
Greater of Applicable Royalty Percentage (7% of first $1M…
Ad fund
Applicable Contribution Percentage (1.5% to 0% of Gross R…
Total fee load
8.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$718K
Per unit, per year
Median gross sales
$653K
Item 19 type
Gross Revenue by Territory (Quartile)
Sample size
21 units
vs category median 32
Range (low → high)
$36K$3.1M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank33th
vs Cleaning - Commercial & Janitorial peers
Investment cost rank83th
Lower investment ranks lower (better)
Royalty rate rank66th
Lower royalty = lower percentile (better)
Unit count rank69th
vs Cleaning - Commercial & Janitorial peers
Risk score rank54th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
89
Opened
27
Last reporting year
Closed
3
Turnover rate
3.4%
Company-owned
22
Corporate units in the system
% franchised
75%
vs corporate-owned
Net growth (yr3)
+55.8%
Net unit change last year
3-yr CAGR
+148.1%
Compounded over last 3 years
2023
67+24
Franchised units
2024
43
Franchised units
2025
27
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 12 · 21 states reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

21

states with franchisees (per FDD Item 12)

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

57
Risk · 0-100
MODERATE57 / 100

Rapidly scaling franchise with non-disclosed unit profitability, high cost structure, and aggressive growth that may mask weak franchisee economics.

Score breakdown · what drove the 57 / 100 rating

  1. 01MEDNet income not disclosed in FDD Item 19 — impossible to verify $717,860 avg revenue translates to viable unit economics
  2. 02MINORExplosive 55.8% YoY unit growth (likely from low base of ~57 units) suggests aggressive recruitment; high churn risk in immature system
  3. 03MINORTiered royalty structure (7%→6%→5% + 3% reconstruction) with $900-$2,625/mo minimum creates complexity; franchisees earning <$150k annually may struggle with profitability
  4. 04MEDHigh initial investment ($196k–$319k) relative to disclosed average revenue ($717k) implies 3-4 year payback before accounting for operating expenses
  5. 05HIGHGoing Concern flag is FALSE but lack of Item 19 profitability data prevents stress-testing unit viability through economic downturns

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population/Zip Code based
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Maryland

Item 11

Training & Operations

Classroom training
56 hrs
On-the-job training
48 hrs
POS system
DASH
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

2 numbers

Locked
(212) 416-••••
NY
(518) 473-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

DRYMEDIC · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above