Roto-Rooter acquires largest franchisee for $60.6M in California

Roto-Rooter Services Company, a wholly owned subsidiary of Chemed Corporation (NYSE: CHE), has acquired its largest independent franchise territory for $60.6 million, according to a press release issued Sept. 16, 2026.

The acquired franchise served a population of approximately 11 million people and reported annual revenue of between $50.0 million and $55.0 million prior to the transaction.

The territories covered by the acquisition span multiple California markets, including Northern San Diego, Palm Springs, Ventura, Bakersfield, Lancaster, Fresno, Monterey, Stockton, Modesto, Manteca, and Sacramento.

Chemed Corporation is headquartered in Cincinnati, Ohio, and operates two subsidiaries: VITAS Healthcare and Roto-Rooter.

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