Zips Dry Cleaners Franchise
Zips Dry Cleaners Franchise is known for itsincredible price. If you want to diversify your portfolio with a remunerative franchise, then Zips Dry Cleaners must be a great opportunity for you.
To know more about Zips Dry Cleaners, go through our in-depth article and see Zips Dry Cleaners franchise profitability, fee, cost, eligibility, and so on. So, let’s begin!
Table of Contents
Wiki
Within a few years, they created history and became a well-known brand in dry-cleaning services.
Now it has more than 12 units across the United States and is rapidly growing. It has a perfect system that reduces cleaning costs while increasing green efficiency.
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The business model of Zips Dry Cleaners is also very flexible. They offer franchise opportunities to candidates without any prior experience, but the requirement for investment is a bit high.
They provide third-party financing to franchises. Moreover, they also provide training and support to all franchisees to enhance business growth.
And lastly, they provide 100% off on franchisee fees for those candidates who are eligible for veteran discounts.
Benefits
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- Brand Recognition
- Low Cost of Entry
- Support from an Expert Team
- Reduced Risk for Startups
- A Vibrant And Growing Industry
Financial Assistance
Zips Dry Cleaners and its affiliates never provide direct or indirect financing options to franchisees for the establishment of the franchise business.
Subsequently, they do not guarantee any franchisees a promissory note, lease, or any other obligations. But they have built good relations with a third-party lender and banks, through which they may be able to allow the source of financing.
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However, third-party financing is required to fulfill some conditions, like a good credit report. If franchisees don’t meet certain conditions, then their application for financing can be rejected.
Cost/ Investment / Price / Fee
| Initial Investment | $600,650 – $769,500 |
| Franchise-Fee | $30,000 to $60,000 |
| Royalty-Fee | 6% |
Requirements
- Legal to work in USA
- Ability to speak and understand English
- Have all Legal documents
- No criminal record
How Much Money Can I Make With A
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise hinges on several specific characteristics, such as franchise location, labour costs, commercial lease rates, etc.
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The revenue and profit of the Zips Dry Cleaners franchise might vary depending on the location of the outlet, size of the outlet, type of franchise model, number of employees, operating expenses, etc.
However, according to sources, Zips Dry Cleaners franchises make as much as $707,349 in annual revenue.
There is not much information about the profit of the Zips Dry Cleaners franchise. But the profit margin of the dry cleaning business range between 22-36% as per the industry standard.
So as per this, we estimate that Zips Dry Cleaners franchise owners make between $155,616 to $254,645 on average.
Training & Support
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Zips Dry Cleaners provide a comprehensive training program to all new franchisees.
The duration of their training program is of 6 weeks, in which they will guide the techniques and processes specific to both laundry and dry cleaning.
Also, they guide you about other business management skills like back-office systems, customer care handling, daily operation, and management.
Moreover, they also give advertising material, marketing, promotional guidelines training, and so on to enhance your business growth.
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Term & Renewal Of Agreement
The initial length of the Zips Dry Cleaners agreement is 10 years. After the completion of the initial term, renewal of the term is available.
But this renewal is not the same as the initial term. The length of the renewal of the term is 5 years.
However, for the renewal of the agreement, the franchisee has to satisfy the required pre-condition for renewal.
How to Apply For Zips Dry Cleaners Franchise
First, you must fill out the form to get the franchise. Then the company officials will contact you for further details. After that, you can open this franchise.
Contact details
Website
Conclusion
So far, we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information, please share it with us. Share your thoughts, and we will contact you with new franchises and opportunities. Stay Tuned for more franchises. Thank you
FAQ (Frequently Asked Question)
Is Zips Dry Cleaners Franchise profitable or not?
Ans: It is a fast-moving product with fewer margins, but your sale needs to be lowered. So, you can make more profit from this business.
How much does it cost to open Zips Dry Cleaners Franchise?
| Initial Investment | $600,650 – $769,500 |
| Franchise-Fee | $30,000 to $60,000 |
| Royalty-Fee | 6% |
Is a?
Yes, a franchise.
How Many Zips Dry Cleaners Franchises Are There?
Zips Dry Cleaners has more than 12 units across the U.S.
Does The Zips Dry Cleaners Franchise Offer Finance?
Yes, Zips Dry Cleaners franchisees offer a third-party financing option.
Where Is Zips Dry Cleaners Headquarters?
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Greenbelt, Maryland
Is Zips Dry Cleaners A Franchise?
ZIPS is one of the top most Dry Cleaning Franchises opportunities.
Disclaimer: The information in this article, like investment, may vary from place to place, so we are not sure about the investment part and other parts.
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