Multi-Unit Franchisee Magazine Special Edition | Page 82
Multi-Unit Buyer’s Guide
RETAIL & SERVICES
OPPORTUNITY DESCRIPTION
Founded in 2002 and franchising since
2006, ZIPS Dry Cleaners’ successful
business model is based on a revolutionary
concept, disrupting the dry cleaning
industry. Any garment professionally dry
cleaned for the fl at-rate price of $2.29
with “In by 9, Out by 5” service. With no
organized competition and greenfi eld
opportunities available throughout the US
and Canada, ZIPS is quickly becoming a
favorite addition to many savvy multi-unit /
multi-concept owner’s portfolios.
FAST FACTS:
FRANCHISING SINCE: 2006
MULTI-UNIT FRANCHISE
OPERATING UNITS: 30
TOTAL OPERATING UNITS: 51
“
The ZIPS business model is 100% prepaid,
requiring a very small inventory, none of which
is perishable. Less waste, lower costs for you.”
DEMOGRAPHICS
3 mile pop 75K+, 30K+ ADT, close proximity
to coffee, grocery, dry-cleaners and other
daily need uses. Access, visibility and adja-
cent parking are the key characteristics.
SITE ASSISTANCE
COMPANY OPERATING UNITS: 1 • Dedicated in-house analyst and
vendor resources
CAPITAL INVESTMENT: $769,050-
$1,022,500 • Timely franchise site approvals
FRANCHISE FEE: $30,000
• Key demographic and site
characteristic analysis
ROYALTY FEE: 6% • Trade area and development
territory mapping
ADVERTISING FEE: 5% • Customer data collection
and analysis
EARNINGS CLAIMS: Yes
BUILD-OUT OPTIONS: Free standing
multi-tenant road adjacent strip, end-cap
positions
AVAILABLE TERRITORIES: New
England, NY State, W. PA, Carolina’s,
Georgia, Florida, Ohio, and more!
RANKINGS & AWARDS
In 2017, ZIPS was recognized for the sixth
consecutive year as a Top 500 franchise
system having, in just two years, jumped
from #410 to number #161, according to
Entrepreneur 500.
CONTACT
AARON GOLDBERG
Vice President of Development
(240) 437-4747
[email protected]
discover.321ZIPS.com
80
2017 Annual Edition
QUALIFICATIONS
• Infrastructure to support multi-unit
development of 10+ stores
• Experienced multi-unit
management.
• Financial ability to fund multiple
stores - $400K liquid / 2MM
net worth.