Zips Dry Cleaners
#305 Franchise 500| Dry cleaning and laundry services
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About
Founded

1996

Franchising Since

2006 (13 Years)

Corporate Address

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

CEO

Andrew Ritger

Parent Company

Zips Franchising LLC

Financial Requirements
Initial Investment

$1,015,700 - $1,470,000

Net-worth Requirement

$1,500,000

Liquid Cash Requirement

$500,000

Ongoing Fees
Initial Franchise Fee

$50,000 - $50,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

5%

Financing Options

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

Veteran Incentives

20% off franchise fee

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

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

On-The-Job Training:

364 hours

Classroom Training:

36 hours

Number of Employees Required to Run:

12

Zips Dry Cleaners is ranked #305 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $1,015,700 High - $1,470,000
Units
+5.8%+3 UNITS (1 Year) +37.5%+15 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
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: September 27th, 2018