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2021 Franchise 500 Rank
#229 Ranked #317 last year
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Initial investment
$746K - $1.3M
Units as of 2020
67 28.8% over 3 years

Company Overview

Zips Dry Cleaners began when eight Baltimore-Washington area dry cleaners came together as a buying collective to help cut costs. In addition to adopting the name Zips and polling their advertising funds, they agreed to all offer same-day dry cleaning for $1.99 per garment. The collective began franchising the Zips concept in 2006.

About Zips Dry Cleaners

Industry
Services (Other)
Related Categories
Dry Cleaning & Laundry Services
Founded
1996
Parent Company
Zips Franchising LLC
Leadership
Bob Barry, CEO

Franchising Overview

Franchising Since
2006 (15 years)
# of employees at HQ
9
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
67 (as of 2020)

Franchisor Information

Corporate Address
7474 Greenway Center Dr., #1200
Greenbelt, MD 20770

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Zips Dry Cleaners franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000
Initial Investment
$745,700 - $1,300,000
Net Worth Requirement
$1,500,000
Cash Requirement
$500,000
Veteran Incentives
20% off franchise fee
Royalty Fee
6%
Ad Royalty Fee
5%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Zips Dry Cleaners has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
240 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
12
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Zips Dry Cleaners landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Zips Dry Cleaners ranked on other franchise lists? Find out below.

Ranked #229

Franchise 500 Ranking

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021