ZIPS Dry Cleaners FDD – Franchise Information, Costs and Fees
Type of Business
If you are awarded a ZIPS Cleaners franchise, you will operate a garment care business under the name “ZIPS®”
Corporate Information
ZIPS Franchising, LLC is a Maryland limited liability company formed on August 30, 2004 and is a wholly-owned subsidiary of Value Drycleaners of America, LLC. Their principal place of business is 8510 Corridor Road, Suite 200, Savage, Maryland 20763. They do business under the name “ZIPS Dry Cleaners®” and “ZIPS®.” They began offering franchises for ZIPS Dry Cleaners Business in 2006.
Investment
The total investment necessary to begin operation of a franchised ZIPS Cleaners Business ranges from $739,700 to $1,175,000 for a ZIPS Cleaners Business which has its own processing plant facility. The total investment necessary to begin operation of a franchised ZIPS Cleaners Business ranges from $163,250 to $338,000 for a Cleaners Business which has only drop-off facilities. The Cleaners Business with drop-off facilities is only available to franchisees that own an outlet with a processing plant. This range includes a $30,000 franchise fee and a $7,500 software license fee that must be paid to the franchisor or its affiliate(s). If you are a developer, you will pay a development fee of $10,000 for each ZIPS Cleaners Business to be developed and you are required to sign a franchise agreement for your first Cleaners Business.
