Coit Cleaning & Restoration Services
Carpet, upholstery, drapery, grout & air-duct cleaning

Coit Cleaning & Restoration Services
Carpet, upholstery, drapery, grout & air-duct cleaning

About
Founded

1950

Franchising Since

1966 (52 Years)

Corporate Address

897 Hinckley Rd.
Burlingame, CA 94010

CEO

Robert Kearn

Parent Company

Coit Drapery Cleaners Inc.

Financial Requirements
Initial Investment

$39,750 - $164,350

Net-worth Requirement

$100,000

Liquid Cash Requirement

$30,000

Ongoing Fees
Initial Franchise Fee

$24,000 - $40,000

Ongoing Royalty Fee

6%

Financing Options

Coit Cleaning & Restoration Services offers in-house financing to cover the following: franchise fee, startup costs

Coit Cleaning & Restoration Services has relationships with third-party sources which offer financing to cover the following: 
equipment, inventory

Veteran Incentives

20% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Classroom Training:

2 weeks

Number of Employees Required to Run:

2

Bio
Fifty years ago, while working in the dry cleaning business, Lou Kearn noticed most cleaners did not want to accept the risk involved in cleaning draperies. Seeing that this would be a valuable service, Kearn created specialized equipment for cleaning draperies. Setting up his business in San Francisco, Kearn named his new company after one of the city's landmarks, Coit Tower.

Since Coit's inception in 1950, the company has expanded into many areas of residential cleaning, including carpet, upholstery and air duct cleaning. The company recently began offering maintenance for hardwood and stone floors, tile and countertops.

Cost
Initial Investment: Low - $39,750 High - $164,350
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
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, Midwest, Northeast, South, Southeast, Southwest, West, Canada, Mexico, South America
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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: February 1st, 2013
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