ZIPS Dry Cleaners
7500 Greenway Center Dr., #400
Greenbelt, MD 20770
-
(888) 321-9477
/
(301) 313-0389
- (301) 345-2895 (Fax)
ZIPS is "America's One-Price Dry Cleaner." At ZIPS, we have refined our operating systems over the years, eliminating guesswork for you. Our 100% prepaid business model increases cash flow, decreasing the headache of receivables. Whether you choose to be an owner/operator or not, our “in by 9, out by 5” means traditional, predictable hours, allowing you the freedom and family time you deserve.
Franchisor Background
Year Established: 1996
Franchising Since: 2006
Operating Units
| Franchised Units |
37 |
97.4% |
| Company-Owned Units |
1 |
2.6% |
| Total Operating Units |
38 |
100% |
Geographic Distribution
| USA |
36 |
100.0% |
In 4 States
|
| Canada |
0 |
0.0% |
In 0 Provinces
|
| International |
0 |
0.0% |
In 0 Foreign Countries
|
| Total |
36 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| Maryland |
11 |
| Virginia |
6 |
| Pennsylvania |
3 |
Registered in the following Registration States
Florida, Maryland, New York, Rhode Island, Virginia, District of Columbia
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Support and Training
General Information
| IFA Member |
Yes |
| CFA Member |
No |
| Franchisee Association? |
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
|
Ongoing Support
| Central Data Processing |
Included |
| Central Purchasing |
Included |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
Included |
| Inventory Control |
N/A |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
Included |
Training
| Corporate Office |
1 Week |
| Existing store |
7 Weeks |
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Financial Requirements
Investment
| Minimum Net Worth |
$450K |
| Cash Investment |
$150-225K |
| Total Investment |
$616.2-778.5K |
| Average Total Investment |
$697K |
Fees
| Initial Franchise Fee |
$50K |
| Average Franchise Fee |
$50K |
| On-Going Royalty |
6% |
| Average Royalty |
6% |
| Advertising Fee |
4% |
Site Information and Requirements
| Average Number of Full-Time Employees |
4-8 |
| Average Number of Part-Time Employees |
6-10 |
| Space Needs (in square feet) |
3500
|
| Preferred Site Types |
N/A
|
| Encourages Conversions |
No |
| Item 19 (Earnings Claim) Provided? |
Yes |
| Listed in the SBA Registry? |
No |
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Franchisee Qualifications
| Financial Net Worth |
5 |
| General Business Experience |
5 |
| Specific Industry Experience |
1 |
| Formal Education |
1 |
| Psychological Profile |
4 |
| Personal Interviews |
5 |
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Terms of Contract
| Term of Initial Contract |
10 |
| Term of Renewal Period |
10 |
| Passive Ownership? |
Not Allowed |
Area Development
Agreements? |
Yes, for 3 years
|
Sub-Franchisor
Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
| Projected New Units Over Next 12 Months |
14 |
| USA |
Yes, mid atlantic |
| Canada |
No |
| Overseas |
No |
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