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  Home  >>  Services  >>  Dry Cleaning/Laundry
ZIPS Dry Cleaners



ZIPS Dry Cleaners
7500 Greenway Center Dr., #400
Greenbelt, MD 20070
Hottest New Franchise



Submit an online form to receive information from ZIPS Dry Cleaners.
    Pre-Qualifier Application
Business Description

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:826.7%
 
Total Operating Units:
30
100.0%
 
Geographic Distribution:
U.S.:30100%In 4 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
30
100.0%
 
 
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

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
 
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
 
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
 
Expansion Plans
 
Projected New Units Over Next 12 months: 14

U.S.:

Yes, mid atlantic
Canada:No
Overseas:No
Submit an online form to receive information from ZIPS Dry Cleaners.
    Pre-Qualifier Application