Signage for Vehicle
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DRYMedic

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our Take
5. Additional Resources

1. Franchise Snapshot

Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Maintenance, Repair, & Restoration
Investment Range
$196,325 - $318,860
Total US Locations
89
Franchise Units
67
Founding Year
1971
Started Offering Franchises
1996
Management Capacity
Owner Operator
Job Count
4
Prior E2 Investors?
Prior Visa Franchise Clients?
Royalty Fee
6%
Marketing Fee
1%
Franchise Fee
$45,000
Headquarters (City, State)
Columbia, MD
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

*Information presented in these videos may change over time and may not reflect the most current franchise offering. Prospective franchisees should review the latest Franchise Disclosure Document (FDD) and consult directly with the franchisor for updated information.

2. Franchise Overview

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Overview

Drymedic is a residential and commercial restoration services franchise specializing in mitigation, cleaning, deodorizing, and reconstruction of buildings and contents affected by fire, smoke, water, mold, and other types of damage. They offer a comprehensive range of restoration services including mitigation services to prevent further damage, contents cleaning and restoration, and full reconstruction services. Drymedic supports property owners and businesses by restoring damaged properties efficiently and professionally, ensuring safety and quality throughout the process.

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Management team / founders

Drymedic is operated by STOP Franchising SPE LLC, led by a dedicated management team with deep expertise in restoration services and franchise operations. The leadership includes Carlos Hesano, President, who brings years of experience managing restoration businesses, and Benjamin Gergis, Vice President of Operations, responsible for overseeing franchise integration and operational excellence. The team is committed to supporting franchisees through every stage, from initial training to ongoing operational assistance. Their focus is to ensure each franchise delivers consistent, high-quality restoration services while adhering to Drymedic’s strict brand standards.

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Focus of owner for daily business operations

As a Drymedic franchise operator, the main facets of the business entail: 1. Managing restoration projects including mitigation, cleaning, and reconstruction services for residential and commercial clients. 2. Recruiting, hiring, and training skilled technicians and restoration specialists to deliver quality service. 3. Building and maintaining strong relationships with insurance companies, adjusters, and referral partners to generate business. 4. Overseeing daily operations to ensure compliance with safety standards, brand protocols, and customer satisfaction. 5. Marketing the franchise locally to increase brand awareness and grow the client base.

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
6%
6%
6%
Marketing Fee
Franchise Fee
$45,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Franchise Fee
$45,000
Lump sum on signing Franchise Agreement
Initial Brand Fund Contribution
$3,570
Lump sum on signing Franchise Agreement
DASH Initial Setup Fee
$2,000
$2,700
Lump sum on signing Franchise Agreement
Software
$3,240
$8,240
As arranged
Technology Hardware Requirements
$800
$2,000
As incurred
Telephone Services
$315
$525
As arranged
Internet Services
$300
$525
As arranged
Equipment and Vehicle Outfitting Fee
$80,000
Lump sum on signing Franchise Agreement
Additional Equipment and Supplies
$0
$10,000
As incurred
Vehicle
$12,000
$17,000
As arranged
Signage for Vehicle
$2,000
$5,000
As incurred
Travel Expenses for Initial Training
$2,500
$6,000
As incurred
Start-up Supplies
$500
$5,000
As incurred
Rent/Lease of Real Estate
$3,000
$10,000
As arranged
Leasehold Improvements
$0
$5,000
As arranged
Signage Costs
$100
$500
As incurred
Insurance
$3,000
$12,000
As arranged
Health, Safety, and Industry Certifications
$1,500
$4,800
As incurred
Professional Fees and Licensing
$4,500
$20,000
As arranged
Full Time Manager (Mitigation Manager/Foreman)
$0
$25,000
As incurred
Additional Funds (3 months)
$32,000
$56,000
As incurred
Total Initial Amount
$196,325
$318,860
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
N/A
2022
28
27
-1
Franchised
2023
27
43
+16
N/A
2024
43
67
+24
N/A
2022
6
16
+10
Company-Owned
2023
16
22
+6
N/A
2024
22
22
0
N/A
2022
34
43
+9
Total Outlets
2023
43
65
+22
N/A
2024
65
89
+24
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
DRYMedic
Industry median
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Franchisor company financial information, if disclosed by the franchisor.
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

In summary, Drymedic presents a solid franchise opportunity within the restoration services industry, backed by an experienced management team and a well-established operational system. The initial investment and ongoing fees reflect the specialized nature of the business and the comprehensive support provided to franchisees. Owners are expected to manage both operational and client-facing aspects diligently to maintain the brand's reputation and service quality. Prospective franchisees should carefully consider the capital requirements and operational responsibilities, but can be confident in joining a growing, recession-resistant market. With proper management and commitment, Drymedic offers a pathway to building a successful and sustainable business.