Roto-Rooter Acquires Franchises in San Francisco and Fort Worth for $20.6M
Roto-Rooter Services Company, a wholly owned subsidiary of Chemed Corporation, announced it has purchased the territory and assets of the franchises operating in San Francisco, California and Fort Worth, Texas in two separate transactions. The aggregated, combined purchase price of these transactions was approximately $20.6M. "Collectively, these Roto-Rooter locations serve a population of approximately 3.3 million people. This purchase is part of Roto-Rooter's ongoing strategy of acquiring franchises to boost productivity, market share and profitability," the company stated.
