R.L. (Jack) Godfrey founded the original Comet Cleaners in 1960. Today, the family-run company, under the direction of Godfrey’s son and grandson, has over 300 location in the United States and Mexico providing one-hour dry cleaning services.
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Arkansas, Arizona, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Missouri, Midwest, New Mexico, Nevada, Ohio, Oklahoma, South, Southeast, Southwest, Tennessee, Texas, Utah, West.
Franchisor is seeking new units in Mexico, South America.
Startup Costs, Ongoing Fees and Financing
Total Investment: $79,000 – $624,000
Franchise Fee: $15,000 – $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Net Worth: $200,000
Liquid Cash Available: $50,000
55% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10. Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators).
How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week. At franchisee’s location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives