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Home >> Services-General >> Dry Cleaning/Laundry
| Pressed 4 Time 8 Clock Tower Pl. # 110 Maynard, MA 01754 |
Submit an online form to receive information from Pressed 4 Time.
|
Business Description
The nation's first and foremost dry-cleaning/shoe repair, pick-up and delivery franchise. Coast to coast, more than 50,000 customers smile when they see our franchisees. Dry-cleaning and shoe repair are performed by local merchants. Experience in the 7 billion-dollar dry-cleaning industry is not needed. If you like people and can work on your own, then this leading home-based, mobile franchise is probably for you!
Franchisor Background
Year Established: 1987
Franchising Since: 1990
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin
Financial Requirements
Average Number of Employees: 1 Full-time, 0 Part-time
Space Needs (in square footage):
Preferred Sites: Home-based
Other Sites: Mobile (van)
Encourage Conversions? Yes
Earnings Claims Provided?: No
The nation's first and foremost dry-cleaning/shoe repair, pick-up and delivery franchise. Coast to coast, more than 50,000 customers smile when they see our franchisees. Dry-cleaning and shoe repair are performed by local merchants. Experience in the 7 billion-dollar dry-cleaning industry is not needed. If you like people and can work on your own, then this leading home-based, mobile franchise is probably for you!
Franchisor Background
Year Established: 1987
Franchising Since: 1990
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 180 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 180 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Pennsylvania | 13 |
| 2. Florida | 13 |
| 3. California | 10 |
Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $NA |
| Cash Investment: | $31-38K |
| Total Investment: | $31-38K |
| Average Total Investment: | $35K |
| Fees: | |
| Initial Franchise Fee: | $25K |
| Average Franchise Fee: | $25K |
| On-Going Royalty: | 6% |
| Average Royalty: | 6% |
| Advertising Fee: | 0% |
Space Needs (in square footage):
Preferred Sites: Home-based
Other Sites: Mobile (van)
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 1 | ||||||||
| Specific Industry Experience: | 1 | ||||||||
| Formal Education: | 2 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| 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? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 5 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Not Applicable | ||||||||
| Financial Assistance? | No | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos | ||||||||
| Additional Services: | Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| 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. Corporate at Maynard, MA | 3 Days | ||||||||
| 2. Franchise | 3 Days | ||||||||
| 3. Franchise | 1 Day | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Pressed 4 Time.
|
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