Not Ranked

Initial Investment

LOW: $35,910
HIGH: $44,810

Change in Units

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

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 in the following regions/states: See List

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

Related Franchises

Related Articles

Don't Choose a Franchise Until You've Talked to People Who Already Own It

Don't Choose a Franchise Until You've Talked to People Who Already Own It

Some lessons you shouldn't learn the hard way, like how a company treats the owners of its franchises.
Tom Scarda, CFE
This Latest Food Mashup May Have Gone Too Far

This Latest Food Mashup May Have Gone Too Far

The world's a strange place. A place where self-driving cars came before a hotdog-hamburger food combo and Cheetos Chicken Fries.
Entrepreneur Staff
Be Your Own Boss: Insights From 3 Successful Franchisees

Be Your Own Boss: Insights From 3 Successful Franchisees

Want to shake things up and set out on your own? Here, business owners share their personal insights, explaining why – and how – they took the plunge themselves.
Entrepreneur Partner Studio Staff
20 Signs You Might Need a New Franchise Coach

20 Signs You Might Need a New Franchise Coach

Conduct your due diligence on selecting a franchise coach helping you and beware of any of these warning signs.
Rick Bisio
Ways To Choose The Right Franchise To Expand Your Business

Ways To Choose The Right Franchise To Expand Your Business

Franchises are appealing to business leaders who intend to rapidly take their businesses to the next level.
Alka Gupta

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

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