Not Ranked

Initial Investment

LOW: $35,910
HIGH: $44,810

Change in Units

Promoted Opportunities

Company Profile

Founded

1987

Franchising Since

1990 (26 Years)

Corporate Address

8 Clock Tower Pl., #110 Maynard, MA 01754

CEO

Kent Issenberg

About Pressed4Time Inc.

Los Angeles area accountant Ken Levinson watched as dozens of his co-workers flocked to the parking lot to make a purchase from the food truck. Levinson realized there were many products and services that could be brought to workplaces in the same way. He decided to start a dry cleaning pick-up and delivery system, founding Pressed4Time in 1987.

Pressed4Time franchisees set up pick-up and drop-off schedules with local businesses, delivering clothing and other items to local dry cleaners where they are cleaned, mended or altered. The company also collects shoes, handbags and luggage for repairs.

Financials

Financial Requirements

Initial Investment

$35,910 - $44,810

Liquid Cash Requirement

$45,000

Ongoing Fees

Initial Franchise Fee

$29,900

Ongoing Royalty Fee

3-6%

Financing Options

Pressed4Time Inc. has relationships with third-party sources which offer financing to cover the following: 
equipment

Franchise 500® Rank History

Highest Rank: 298

Lowest Rank: 481

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and Canada.

Operations & Franchisor Support

Training Onsite: 3 days

Training at headquarters: 3 days

Additional Training: Follow-up at franchisee's location for 1 day

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks

Related Franchises

Related Articles

This B2B Franchisee and Former Baseball Manager Believes He Hit One Out of the Park

This B2B Franchisee and Former Baseball Manager Believes He Hit One Out of the Park

Bill Papierniak was a minor league general manager in Richmond, Va. Today, the deals he's inking are with Cartridge World.
Entrepreneur Staff
Burger King Is Starting to Sell Hot Dogs

Burger King Is Starting to Sell Hot Dogs

'It's so obvious,' says the company's head of North American operations. 'I don't know why we didn't do this before.'
Lifelong Health Advocate Finds a Natural Fit With Jamba Juice

Lifelong Health Advocate Finds a Natural Fit With Jamba Juice

Panos Joulios, a career-entrepreneur in the restaurant industry, loves promoting healthy living at his several juice joints across Arizona and California.
Erin Schultz
Why Chipotle Is Closed for Lunch Today

Why Chipotle Is Closed for Lunch Today

Franchisees are supposed to use the time to go over new food safety procedures after multiple E. coli cases.
Lindsay Friedman
How These 2 In-N-Out Burger Employees Climbed the Ladder to Become Franchisees

How These 2 In-N-Out Burger Employees Climbed the Ladder to Become Franchisees

Where to find your next great franchisees? They might just be working at your local grease joint.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: November 13th, 2014

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

87 franchises for under $50,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012