Thursday
May132010
VIP Cleaners Franchise
Thursday, May 13, 2010 at 08:49PM Dry cleaning pickup & delivery
Start-up Costs & Franchises Fees
What is the total cost to open a VIP Cleaners Franchises?
Total Cost: $45,000 USD
Total Franchise Fees: $35,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: 1/10th of franchise fee
Contact Information for VIP Cleaners
|
VIP Cleaners |
Phone Number: (973)779-1100 |
VIP Cleaners In the Press
No results at this time.Historical Expansion
In what year did VIP Cleaners begin operations? 1999
When did VIP Cleaners begin selling franchises? 2004
Year United States Canada International Corporate 2005 12 0 0 0 2004 1 0 0 0 2003 Not Available Not Available Not Available 0 2002 Not Available Not Available Not Available 0 2001 Not Available Not Available Not Available 0
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
Meetings, Toll free phone number, Grand opening support, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.33% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 1 - 1
100% of current franchise business owners are owner/operators
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing 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
Jason Rager | Comments Off | 



