Rank no. 409 – Dryclean USA – US
Products & Services: Dry cleaning
Number of Locations: 389
Total Investment: $261.5K – 599K
Began Franchising: 1978
About Dryclean USA
Dryclean USA franchisees use the company’s proprietary line of dry cleaning equipment to offer dry cleaning services for clothing and household items, heirlooming, water repellent treatment and alterations. Dryclean USA is a wholly-owned subsidiary of Envirostar Inc., a publically-traded company.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $30,000
Ongoing Royalty Fee: $6.9K/yr.
Term of Franchise Agreement: 10 years, renewable
Net Worth: $250,000
Liquid Cash Available: $100,000 – $125,000
25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5 – 7. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|