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Pressed 4 Time
124 Boston Post Rd.
Sudbury, MA 01776
800#: (800) 423-8711
Tel: (978) 823-8300
Fax: (978) 443-0709
E-Mail: [email protected]
Web Site: www.pressed4time.com
Contact: Mr. Randy Erb, Dir. Franchise Development
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
Established: 1987
First Franchise: 1990
Franchise Units: 180
Company-Owned Units: 0
Total Units: 180
Distribution:
U.S. -- 154;
Canada -- 4;
International -- 22
-North America -- Operations in 31 States, 2 Provinces
-States/Provinces with Greatest Density: 13 in PA, 7 in OH, 7 in MA
Projected New Units Over Next 12 months: 36
Franchisee Qualifications: 2, 1, 1, 3, 3, 3
(Click here for an explanation)
Registered in Following Registration States: CA,FL,IL,IN,MD,MI,MN,NY,OR,RI,VA,WA,WI (Click here for an explanation)
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; HB
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $15.2-22.3K
Total Investment: $15.2-22.3K
Average Total Investment: $18.8K
Minimum Net Worth: $NA
Fees:
-Franchise: $12.5K
-Average Franchise Fee: $12.5K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: NA
Financial Assistance: No
Cooperative Advertising: NA
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 5
On-Going Support: a,b,C,D,E,G,H,I (Click here for an explanation)
Training: 2 Days Corporate at Sudbury, MA; 2 Days at Franchise; 1 Day at Franchise.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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