Dryclean USA Franchise
Thursday, May 13, 2010 at 04:22PM Dry cleaning
Selecting the right business to launch a new career doesn't have to be a difficult task. Although there are many factors to take into account, the most important is finding a business that offers exceptional growth potential and a great likelihood of financial stability. When you're investing your hard-earned dollars, you want to select a business that offers a high-level of economic stability and is not greatly affected by fluctuations in the economy.
Dry cleaning is a multi-billion dollar industry that has time and again proven to be recession proof. Clothing will always be in need of cleaning. Furthermore, dry cleaning is a cash and carry business which does not require investing funds in extensive inventory.
It doesn't matter what the latest trend in clothing may be, if it's summer, winter, holiday season, or vacation time. Customers will always have their quality garments cleaned professionally. Even with the proliferation of "casual work days" or "wrinkle free," a vast majority of these garments still need to be professionally cleaned and pressed.
DRYCLEAN USA and the dry cleaning business presents entrepreneurs who have the desire and drive to succeed the opportunity to serve consumers while living the American dream - owning and operating your own business.
Start-up Costs & Franchises Fees
What is the total cost to open a Dryclean USA Franchises?
Total Cost: $80,700-$518,500
Total Franchise Fees: $15,000 USD -$30,000 USD
Ongoing Royalty Fees: $5K/yr.
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $5K
Contact Information for Dryclean USA
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Dryclean USA |
Phone Number: (305)758-0066 |
Dryclean USA In the Press
No results at this time.Historical Expansion
In what year did Dryclean USA begin operations? 1976
When did Dryclean USA begin selling franchises? 1978
Year United States Canada International Corporate 2005 221 0 276 0 2004 212 0 267 0 2003 212 0 267 0 2002 216 0 246 0 2001 220 0 220 0
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): the SBA, Delpha Capital, Alliance Laundry Systems
Training & Support
Training
Available at headquarters, Available at franchisee's location, At Dryclean USA training plant
Support
Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
25% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 5 - 7
Absentee ownership of franchise is allowed. (90% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes