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

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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

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