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ZIPS Dry Cleaners
 

ZIPS® is ‘America’s One Price Dry Cleaner’. Our successful business model is based on the revolutionary concept of offering any garment dry cleaned for just $1.99 AND ready for pick-up the same day – that’s less than half the price of today’s industry average! ZIPS® is expanding, offering franchise opportunities to qualified individuals and groups. If selected, you may be part of the ZIPS® revolution with a ZIPS Dry Cleaners® franchise of your own!

Franchisor Background

Year Established:

  2004

Franchising Since:

  2006

Operating Units:

Franchised Units:22 73.3%  
Company-Owned Units:8 26.7%  
 ______ _____  
Total Operating Units:30 100%  
 

Geographic Distribution:

U.S.:30 100% In 4 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:30 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Maryland11
2. Pennsylvania3
3. Virginia6

Registered in Following Registration States:

   Florida, Maryland, New York, Rhode Island, Virginia, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$450K
Cash Investment:$150-225K
Total Investment:$500-700K+
Average Total Investment:$600K
 

Fees:

Initial Franchise Fee:$50K
Average Franchise Fee:$50K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:4%

Average Number of Employees:

   4-8 Full-time, 6-10 Part-time

Space Needs (in square footage):

   3500

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   No

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:5
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:Ad Slicks, Coupons/rebates, Direct Mailers
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Existing store7 weeks
2. Corp Office1 week
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:1
Formal Education:1
Psychological Profile:4
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 3 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   14
U.S.:Yes, mid atlantic
Canada:No
Overseas:No
 
 
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