Comet Cleaners

Founded: 1947 Franchising since: 1967
R.L. (Jack) Godfrey founded the original Comet Cleaners in 1960. Today, the family-run company, under the direction of Godfrey's son and grandson, has over 300 location in the United States and Mexico providing one-hour dry cleaning services.

406 W. Division St. Arlington, Texas 76011

Phone: (817)461-3555

Franchisor has 7 employee(s); 5 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2006	272	0	11	10
2005	265	0	11	9

Where Seeking Franchisees
In the U.S. Arkansas, Arizona, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Missouri, New mexico, Nevada, Ohio, Oklahoma, Tennessee, Texas, United states, Utah

Exclusive territories available.

Total investment: $237.5K-472K Franchise fee: $25K-50K

Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Third-party financing source(s): various lenders

Qualifications
Net worth requirement: $200K
Cash liquidity requirement: $50K
Business Experience:

• General business experience

Operations

• 55% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 10
• Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Training

• Available at headquarters: 1 week
• At franchisee's location: 2 weeks

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks

Franchise 500® rank:
#365 (2006); #338 (2005);