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What was the value of Chem Dry's inventory as of December 31, 2023?

Chem_Dry Franchise · 2024 FDD

Answer from 2024 FDD Document

December 31, 2023, 2022, and 2021 (000s omitted)

Note 6 - Inventory

Inventory consists of equipment, cleaning supplies, chemicals, and mixed cleaning solutions. Inventory, net of reserve, at December 31, 2023, 2022, and 2021 consists of the following:

Source: Item 23 — Receipts (FDD pages 68–264)

What This Means (2024 FDD)

According to Chem-Dry's 2024 Franchise Disclosure Document, the company's inventory, net of reserve, as of December 31, 2023, 2022, and 2021 is detailed in Note 6. The inventory consists of equipment, cleaning supplies, chemicals, and mixed cleaning solutions. The figures are presented with thousands omitted.

While the FDD mentions that inventory details are available for December 31, 2023, 2022, and 2021, the actual values for these years are not included in the provided excerpts.

A prospective Chem-Dry franchisee should request the specific inventory values for these years from the franchisor to understand the company's asset valuation and inventory management practices. This information is essential for assessing the financial health and operational efficiency of Chem-Dry.

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.
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