Dryclean USA

Dryclean USA

#429

Initial Investment

LOW: $261,500
HIGH: $606,500

Change in Units

+7.6% +32 UNITS (1 Year)
+7.6% +32 UNITS (3 Years)

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Company Profile

Founded

1976

Franchising Since

1978 (38 Years)

Corporate Address

290 N.E. 68th St. Miami, FL 33138

CEO

Michael Steiner

Parent Company

EnviroStar, Inc.

Ticker Symbol

About Dryclean USA

Dryclean USA franchisees use the company's proprietary line of dry cleaning equipment to offer dry cleaning services for clothing and household items, heirlooming, water repellent treatment and alterations. Dryclean USA is a wholly-owned subsidiary of Envirostar Inc., a publically-traded company.

Financials

Financial Requirements

Initial Investment

$261,500 - $606,500

Net-worth Requirement

$250,000

Liquid Cash Requirement

$100,000 - $125,000

Ongoing Fees

Initial Franchise Fee

$30,000

Ongoing Royalty Fee

$6.9K/yr.

Financing Options

Dryclean USA offers in-house financing to cover the following: franchise fee, startup costs, equipment

Dryclean USA has relationships with third-party sources which offer financing to cover the following: 
inventory, accounts receivable, payroll

Veteran Incentives


25% off franchise fee

Franchise 500® Rank History

  • 2006 - 201
  • 2007 - 396
  • 2009 - 240
  • 2012 - 461
  • 2013 - 409
  • 2014 - 468
  • 2016 - 429

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 1 week

Additional Training: At Dryclean USA training plant

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

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 5 - 7

Related Franchises

Related Articles

Pop Quiz: How Well Do You Know Ben & Jerry's?

Pop Quiz: How Well Do You Know Ben & Jerry's?

From its legendary flavor graveyard to its iconic cow on its packaging, we want to test your Ben & Jerry's trivia for National Ice Cream month.
Grace Reader
Why More Baby Boomers Are Looking to Franchise

Why More Baby Boomers Are Looking to Franchise

Twenty-two percent of boomers have less than $100,000 of retirement savings.
David Nilssen
Why This Auto Repair Franchise Expanded to Nigeria

Why This Auto Repair Franchise Expanded to Nigeria

An automotive repair franchise takes the leap.
Tracy Stapp Herold
Travel Agencies Are Seeing a Boom -- and This Franchise Knows Why

Travel Agencies Are Seeing a Boom -- and This Franchise Knows Why

Learn how Rob Steinfeld and Dean Hanson set up a franchise and joined the unexpected travel boom.

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: October 1st, 2015

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

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