factual

Until what date did Chem-Dry offer N-Hance franchises in Canada?

Chem_Dry Franchise · 2024 FDD

Answer from 2024 FDD Document

From May 2003 through December 2012, CDI offered N-Hance® wood cleaning, coating, protection and other wood care and renewal product and services franchises in the United States and in Canada until August 2017. In a reorganization effective on December 31, 2012, CDI contributed the assets and liabilities (including the then effective franchise agreements) associated with the N-Hance franchise program in the United States to NHance, Inc., a Delaware corporation incorporated on December 19, 2012 ("NHI"), and then distributed all of the ownership interests in NHI to HRI Holdco, LLC, which was owned by BCP. As a result of that reorganization, CDI became NHI's affiliate. On December 31, 2019, NHI became a wholly owned subsidiary of BFG Holdco. CDI and its affiliate Devere International, Inc. continue to offer master franchises for N-Hance businesses in other countries and currently have master franchises in Canada. Aside from N-Hance franchises, neither CDI nor any predecessor or parent has offered franchises in any other line of business.

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, Chem-Dry offered N-Hance franchises in Canada until August 2017. From May 2003 through December 2012, Chem-Dry offered N-Hance franchises in both the United States and Canada.

In a reorganization effective December 31, 2012, Chem-Dry contributed the assets and liabilities related to the N-Hance franchise program in the United States to NHance, Inc. and distributed ownership interests in NHance, Inc. to HRI Holdco, LLC. Following this reorganization, Chem-Dry continued to offer N-Hance franchises in Canada until August 2017.

Currently, Chem-Dry and its affiliate, Devere International, Inc., offer master franchises for N-Hance businesses in countries other than the United States, including Canada. This means that while Chem-Dry no longer directly offers N-Hance franchises to individual operators in Canada, it does offer master franchise opportunities for the N-Hance brand in that country.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.