What was the previous name of Chem-Dry, Inc. before February 2023?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
The Franchisor is Chem-Dry, Inc., formerly known as Harris Research, Inc., which will be referred to as "CDI", "we" or "us" in this disclosure document.
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, prior to February 2023, Chem-Dry, Inc. was known as Harris Research, Inc. This is a key piece of information for prospective franchisees as it establishes the legal history and name changes of the franchising entity.
Understanding the franchisor's history, including previous names and any related reorganizations, is a standard part of due diligence. This information helps potential franchisees research the company's background and track record under different names. Knowing the previous name allows one to search for any past legal issues, news articles, or other relevant information about the company before it became Chem-Dry, Inc.
It's also worth noting that the parent company, BFG Holdco, also underwent a name change at the same time, from HRI Holding, Inc. to BFG Holdco, Inc. This parallel change suggests a broader rebranding or restructuring effort within the organization. Franchisees should be aware of these changes and how they might impact the franchise system's operations and reputation.