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Promoted Opportunities

Initial Investment

LOW: $69,900
HIGH: $92,450

Change in Units

Company Profile

Founded

1997

Franchising Since

2000 (17 Years)

Corporate Address

3948 Ranchero Dr. Ann Arbor, MI 48108

CEO

David McKinnon

About 1-800-DryClean

Service Brands International, the franchisor of Molly Maid and Mr. Handyman, was looking for new services to offer customers, and the company found a need for dry cleaning pickup and delivery.

1-800-DryClean franchisees contract with dry cleaners to do laundry pickup and delivery on a Monday/Thursday, Tuesday/Friday schedule. Wednesdays are used to handle business and marketing responsibilities. Franchisees may opt for a single van pick-up and delivery route or a multiple van and route package, which may also include acquiring a dry cleaning plant.

Financials

Financial Requirements

Initial Investment

$69,900 - $92,450

Net-worth Requirement

$100,000

Liquid Cash Requirement

$60,000

Ongoing Fees

Initial Franchise Fee

$9,900

Ongoing Royalty Fee

7%

Ad Royalty Fee

1%

Financing Options

1-800-DryClean has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Units (Locations)

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

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 5 days

Additional Training: 4-6 weeks pre-training via telephone

Number of employees required to run: 1

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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 5th, 2014

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