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Pressed 4 Time

124 Boston Post Rd.
Sudbury, MA 01776
800#: (800) 423-8711
Tel: (978) 443-9200
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:	133
Company-Owned Units:	0
Total Units:	133

Distribution: U.S. -- 107; Canada -- 4; International -- 22
> North America -- Operations in 31 States, 2 Provinces
> States/Provinces with Greatest Density: 13 in PA, 57 in OH, 5 in MA

Projected New Units Over Next 12 months: 36

Franchisee Qualifications: 2, 1, 1, 3, 3, 3 (for an explanation click here)

Registered in Following Registration States: CA,FL,IL,IN,MD,MI,MN,NY,OR,RI,VA,WA

Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)

Space Needs: N/A SF; HB (for abbreviations click here)

Financial Requirements

Cash Investment:	$14.6-21.5K
Total Investment:	$14.6-21.5K;		Average Total Investment:	$19K
Minimum Net Worth:	$N/A
Fees:	Franchise:	$12.5K;	Average Franchise Fee:	$17K
	Royalty:	4.5/$300/Mo
	Advertising:	1%/$30/Mo.

Provide Earning Claim Statement: No

Terms of Contract

Term of Contract (Years):	10/10
Passive Ownership:	Not Allowed
Encourage Conversions:	Yes
Area Development Agreements:	No
Sub-Franchising Contracts:	No
Expand In Territory:	Yes

Franchisor Support and Training Provided

Financial Assistance:	No (D = Direct; I = Indirect; B = Both)
Site Selection Assistance:	Yes
Lease Negotiation Assistance:	N/A
Cooperative Advertising:	N/A
Franchisee Assoc. / Member:	No
Size Of Corporate Staff:	4
On-Going Support:	a,b,C,D,E,G,H,I (for an explanation click here)
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.

For a sample questionnaire click here.