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Dry Cleaning Station

Dry cleaning & alterations

Background

Founded: 1990 Franchising since: 1992
8301 Golden Valley Rd., #240
Minneapolis, Minnesota 55427
Phone:
(800)655-8134


Franchisor has 10 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 81 0 0 0
2007 91 0 0 0
2006 95 0 0 0
2005 74 0 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.

Costs and Fees

Total investment: $75K-707.5K
Franchise fee: $25K-45K
Ongoing royalty fee: 4-5%
Term of agreement: 15 years, renewable


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

Third-party financing source(s): Wells Fargo & Comerica

Qualifications
Net worth requirement: $100K-500K
Cash liquidity requirement: $30K-200K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • 58% of all franchisees own more than one unit
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1-3 weeks
  • At franchisee's location: up to 1 week

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

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

Rankings

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