FRANCHISE·WATCH·DESK

Verified — real FDD extraction

Not found in the SBA Franchise Directory under this name — though SBA loans to its franchisees exist; verify eligibility with your lender

Zerorez

Other · independent · est. —

Zerorez is a carpet and surface cleaning franchise built around a low-residue, water-based cleaning process. A franchisee operates a van-based business with technicians who clean carpets, rugs, and hard surfaces in homes and businesses.

Zerorez net unit count grew +20.8% from 20172019 per its FDD Item 20.

New to franchising? Start here

A franchise is a business where you (the franchisee) pay a company (the franchisor) for the right to open and run a location using their brand and system — think a local Anytime Fitness or Taco John's owned by a small-business owner, not the corporation.

Before you can buy in, U.S. law requires the franchisor to give you a Franchise Disclosure Document (FDD) — a long legal filing covering its fees, finances, and history. The numbers on this page come straight from that document:

  • Franchise fee — the one-time cost to buy in.
  • Royalty — the ongoing cut of your sales you pay the franchisor.
  • Item 20 — how many locations opened and closed, the basis for our verdict (from Proven & strong down to Distressed — or Too new to judge).

The verdict

Proven & strong

Distress

0
STABLE

Enough units and history to judge, and the record is good: growing or stable units with clean exits by the standards of its disclosed record. The standout in the record: owner turnover is low.

Exit rate · latest year

2.0%

fiscal 2019, per Item 20

Cost to open

$69K–$190K

Item 7 total investment range

SBA loan defaults

Too few resolved

11 loans exist; too few resolved to rate

Behind the verdict

the record, factor by factor · Item 20

hi-1.0.0
Net unit growth35%

3-yr trend · Item 20 Table 1

Strong
Exit quality25%

terminations + ceased-ops vs. all exits · Table 3

Fair
Transfer / churn15%

transfers vs. base · Table 3

Strong
Promise-keeping10%

actual vs. projected openings · Table 5

Strong
Transparency15%

Item 19 disclosure + completeness

Strong

Systemwide units

2017–2019

+20.8%
482017512018582019

Survival record

FDD Item 20 · outlet status by year

In fiscal 2019, 1 of 50 franchised outlets left the system — a 2.0% annualized exit rate. Not every exit is a failure — but this is the measurable floor.

Show the outlet tables
Status (FTC)201720182019
Outlets at start454851
Opened338
Transfers120
Terminations000
Non-renewals000
Reacquired by franchisor001
Ceased — other reasons011
Outlets at end485158
Net change+3+3+7

The lender's view

SBA 7(a)/504 loan performance · FY1991–present

Banks have made 11 SBA-backed loans to Zerorez franchisees since 2012. Most are still open, so there is not yet a resolved cohort large enough to rate.

Charge-off rate

4 resolved · too thin to rate

Loss given default

avg. charged-off $ ÷ approved $

Expected loss

default rate × loss severity

Avg. loan · FY2020+

$1,003,700

what recent franchisees borrowed

Median time to default

approval → charge-off, defaulted loans

Lenders · FY21+ vs FY16–20

3 vs 2

distinct banks still lending

Charge-off rate by loan approval year (%)

SOURCE: SBA 7(a)/504 FOIA LOAN DATA (DATA.SBA.GOV), FY1991–PRESENT · MATCHED TO ZEROREZ BY FRANCHISE NAME · RESOLVED = CHARGED-OFF + PAID-IN-FULL

What it costs — and what it drags

FDD Items 5–7 · fees, investment, royalty

Buying in means a $40K franchise fee (Item 5) and a total investment of $69K–$190K (Item 7). The franchisor publishes an earnings claim (Item 19) — read its methodology closely.

To open (Item 7)

$69K–$190K

all-in investment range

Franchise fee (Item 5)

$40K

upfront, one-time

Royalty (Item 6)

6%

of sales, ongoing

If a unit does this in annual sales…$1M/yr

Your figure — cross-check against this brand's Item 19 and current-owner validation.

Royalty you'd pay / yr

$60K

6% of sales, before profit

Over a 10-yr term

$600K

royalties alone, excl. ad fund

This is not profit. It's the only money the FDD actually pins down — what you put in, and the royalty you owe on every dollar of sales. Your real take-home depends on labor, rent, food cost, and ramp-to-breakeven, none of which any FDD discloses.

Build a real pro-forma for Zerorez with an independent CPA

Labor record

US Dept. of Labor enforcement · franchisee-level · FY2005–present

Federal investigators have concluded 3 wage cases against operators of this system, recovering $47K in back wages for 22 workers. These cases name franchisee-owned locations, not the franchisor itself.

Concluded cases

3

Back wages owed

$47K

Employees affected

22

Since 2020

0

Read this carefully. The employers in these cases are individual Zerorez franchisees — separately owned businesses operating under the brand name — not Zerorez itself. The franchisor is not the respondent and in most cases is not a party. What the record shows is how this system's operators run their payrolls, which is worth knowing before you become one of them. Counts rise with system size and with age: a 20-year-old, 10,000-unit system will out-count a young one regardless of conduct. Source: DOL Wage and Hour Division concluded compliance actions, FY2005–present, most recent finding 2016.

Modeled risk

FDD Risk Score · modeled from the public record

Elevated

The public record puts this brand toward the middle of the systems we score — but the evidence is thin, so treat it as a range, not a number.

Risk percentile (range)

49–73 / 100

Directional

Modeled SBA charge-off

14.2%

Observed SBA charge-off

no resolved cohort

Top drivers: System size (log units) (raises) · Investment ceiling (log) (raises) · Item 20 exit rate (lowers) · Net unit growth (lowers). Thin loan history — treat this as a range, not a number. A linear scorecard built from this brand's own disclosure figures plus the federal loan record behind its franchisees; full spec and cross-validated accuracy on the methodology page. A score is context, not a verdict.

Distress signals

news-sourced · bankruptcies, closures, lawsuits

No recent closures, bankruptcies, or major lawsuits found in the news for Zerorez. That's a good sign — but it reflects news coverage, not a guarantee.

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Zerorez franchise questions, answered from the filings

What percentage of Zerorez franchises closed last year?

In Zerorez's latest FDD Item 20 (fiscal 2019), 1 of 50 franchised outlets left the system — an annualized exit rate of 2.0%. That counts terminations, non-renewals, and "ceased operations — other reasons." There is no official failure rate, and not every exit is a failure, but this is the measurable floor.

How much does a Zerorez franchise cost?

Per Zerorez's 2020 FDD, buying in requires an initial franchise fee of $40K (Item 5) and a total initial investment of $69K–$190K (Item 7).

What royalty does Zerorez charge?

Zerorez charges an ongoing royalty of 6.0% of gross sales, per Item 6 of its 2020 FDD.

Does Zerorez disclose earnings (Item 19)?

Yes — Zerorez makes a financial performance representation in Item 19 of its 2020 FDD, reporting a median unit volume of $658K. Read it closely: franchisors choose which units and which metrics to include.

Is Zerorez a good franchise to buy? Health score, exit rate & costs (2026) · Franchise Watch Desk