Pressed4Time Inc.

Founded: 1987 Franchising since: 1990
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.

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

Phone: (800)423-8711

Franchisor is a privately-held company with 5 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	145	2	0	0
2008	150	2	0	0
2007	173	2	0	0
2006	162	2	5	0
2005	174	3	0	0

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

Exclusive territories available.
Territory size: 30,000 white collar workers (daytime population)

Total investment: $35.9K-44.8K Franchise fee: $29.9K

Ongoing royalty fee: 3-6% Term of agreement: 10 years, renewable

Type of Financing Available

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

Qualifications
Cash liquidity requirement: $50K
Business Experience:

• Marketing skills

Operations

• Franchise can be run from home
• 10% of all franchisees own more than one unit
• Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: 3 days
• At franchisee's location: 3 days
• Follow-up at franchisee's location for 1 day

Ongoing Support

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

Marketing Support

• Ad slicks

Other marketing support

• Marketing materials, PR program

Franchise 500® rank:
#414 (2009); #451 (2008); #329 (2007); #298 (2006); #284 (2005);

Ranked #1 in category in:
2007; 2006; 2005;

Low-Cost Franchises:
#92 (2009); #88 (2007); #72 (2006); #75 (2005);

Top Home Based Franchises:
#96 (2007); #76 (2006); #76 (2005);