IRIS Environmental Laboratories

Franchise Information

Analyzed filing: MD · File #181840

FDD issued: Mar 20, 2024

FDD Issued: Mar 20, 2024

Extracted: Oct 12, 2026

Needs review source population unresolved source movement unresolved cross file fee high warning:previous file=13574|previous=$15,000.00|current=$36,000.00 cross file fee low warning:previous file=13574|previous=$15,000.00|current=$36,000.00

Franchisor Details

Name: IRIS Alliance, LLC

Address: 2333 Route 22 West, Union, New Jersey 07083

Phone: (908) 206-0073

Website: www.IrisLaboratories.com

Franchising Since: 2019

Industry & Qualifications

Industry

Home Services

Multi-Unit Discount

50.0%

Franchise Fee

$36,000

Royalty

7.0%

Ad Fund: 1.0%

Total Investment

$72K - $104K

Initial Term

5 years

Renewable

Outlet Information

Franchised

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Exclusive Territory

Yes

Franchise operates in a protected territory; Item 12 details not present in prov...

Item 19 (Financial Performance)

Disclosed

AUV is the 2023 average gross sales of the 11 company-owned New Jersey markets (...

Financial Performance (Item 19)

Avg Unit Volume (through Dec 2023)

$110,698

Median

$113,457

Highest

$176,767

Lowest

$55,456

% Achieving Avg

55.0%

Sample Size

11 units

Legal History

Litigation: None

Bankruptcy: None

Number	File name	Source State	Filing Date	Actions
181840	435103_Franchise__IRIS_Environmental_Laboratori_Maryland_181840.pdf Canonical 2024 analysis · needs review · newest filing	MD	Mar 20, 2024 FDD issue date	Restricted
113456	435103_Franchise__IRIS_Environmental_Laboratori_Maryland_113456.pdf Canonical 2023 analysis	MD	Apr 24, 2023 FDD issue date	Restricted
13187	435103_Franchise__IRIS_Environmental_Laboratori_New York_13187.pdf Canonical 2022 analysis	NY	Feb 22, 2022 FDD issue date	Restricted

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