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IRIS Environmental Laboratories

Franchise Information

Analyzed filing: MD · File #181840
FDD issued: Mar 20, 2024
FDD Issued: Mar 20, 2024
Extracted: Aug 23, 2026
Needs review 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 cross file royalty critical:previous file=13574|previous=7.000%|current=5.000%
Franchisor Details
Name: IRIS Alliance, LLC
Address: 2333 Route 22 West, Union, New Jersey 07083
Phone: (908) 206-0073
Franchising Since: 2019
Industry & Qualifications
Industry
Home Services
Franchise Fee
$36,000
Royalty
5.0%
Ad Fund: 1.0%
Total Investment
$72K - $104K
Initial Term
5 years
Renewable
Outlet Information
Total Outlets (2023)
9
Franchised
4
Company-Owned
5
Opened (Last Year)
+4
Closed (Last Year)
-0
Churn Breakdown (Last Year)
Terminations
0
Non-Renewals
0
Ceased Ops
0
Transfers
0
Reacquired
0
Exclusive Territory
Yes
Franchise operates within a protected area/territory.
Item 19 (Financial Performance)
Disclosed
AUV figures are for IRIS company-owned markets (11 markets in New Jersey, popula...
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
Showing 1–3 of 3 files.
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