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FRSTeam

Restoration dry cleaning

Background

Founded: 1988 Franchising since: 2006
3201 B Investment Blvd.
Hayward, California 94545
Phone:
(510)723-1000


Franchisor has 30 employee(s); 6 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 30 1 0 7
2008 22 1 0 8
2007 16 1 0 8
2006 0 0 0 8
2005 N/A N/A N/A 8

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, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: TBD

Costs and Fees

Total investment: $32K-380.5K
Franchise fee: $25K/35K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


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

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $100K
Business Experience:
  • Industry experience
  • General business experience
  • Dry cleaning/laundry experience

Operations
  • Number of employees needed to run franchised unit: 5 - 10
  • Absentee ownership of franchise is NOT allowed.

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 1-2 days

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations

Marketing Support
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#416 (2009);

Top New Ranking:
#35 (2009);


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