How many outlets does NHance, Inc., an affiliate of Chem-Dry, have?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
| Company | State/Type of Entity | Date of Formation | Principal Address | Number of Outlets | Industry |
|---|---|---|---|---|---|
| NHance, Inc. (“NHI”) | Delaware corporation | Dec. 19, 2012 | 3310 West End Avenue, Suite 620 Nashville, TN 372031 | 288 | Wood cleaning, coating, protection and other wood care and renewal products and services for wood flooring, cabinetry, trim and other wood furnishings |
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–14)
What This Means (2024 FDD)
According to Chem-Dry's 2024 Franchise Disclosure Document, NHance, Inc. has 288 outlets. NHance, Inc. is an affiliate of Chem-Dry, specializing in wood cleaning, coating, protection, and other wood care and renewal products and services for wood flooring, cabinetry, trim, and other wood furnishings. NHance, Inc. was incorporated in Delaware on December 19, 2012.
For a prospective Chem-Dry franchisee, this indicates the scale of NHance, Inc.'s operations and its established presence in the wood care market. It demonstrates that Chem-Dry has a significant affiliate company operating in a related but distinct service area. This may provide opportunities for cross-promotion or bundled service offerings between Chem-Dry and NHance franchises.
The number of outlets can be an important factor when evaluating the stability and market penetration of an affiliated brand. A larger number of outlets may suggest a more mature and tested business model. However, prospective franchisees should also consider the performance and saturation of NHance franchises in their target market to assess potential competition and demand for wood care services.