We have the answers to help you open a dry cleaning business.
If you’re interested in learning more about how to open a dry cleaning and laundry business with our brand, while building a future for yourself, contact us in the form at the bottom of this screen and we’ll send over some helpful information that will inform our discussions. You’ll also receive our FDD at the right time, so you will have all the important details you’ll need to make this important decision.
The initial term of your agreement is ten years, with one subsequent successor agreement options of ten years each.
Franchise owners will contribute 3% of gross revenues into the brand marketing fund. The collected funds will be used to develop marketing strategies to promote the CD One Price Cleaners brand and cover the creative costs to develop brand marketing materials and campaigns. You’ll be required to spend $10,000-$15,000 per location on Grand Opening advertising during the launch of your business.
We collect a 6.5% base royalty fee based on gross revenues, with the opportunity to earn a Royalty Rebate, which could reduce those fees to 5.5%. Fees such as this allow us to fund our ongoing support services like the continued development of franchise updates, as well as marketing tools, training programs, and systems upgrades. For a full list of fees and requirements, please refer to our Franchise Disclosure Document (FDD).
We do not provide direct financing at this time, but we do have contacts with several lenders that are familiar with the dry cleaning industry and the CD One Price Cleaners business model. After a review process, we have also received approval by the Small Business Administration (SBA) to list our franchise on the SBA Franchise Registry. This may help streamline the lender approval process with a local bank interested in making an SBA approved loan for a CD One Price Cleaners franchise.
The estimated initial investment necessary to begin operations depends on the size of your agreed upon area and plat and store structure, starting with at least $1M. This includes a franchise fee of $30,000. As with any new venture, it’s important to have adequate capital to fund the initial business growth stages.
If you are ready to grow a CD One Price Cleaners business of your own, we are excited to help you. Initial training begins with four weeks of combined virtual and in-person training. We will welcome you to Chicago to meet our team and learn everything there is to know about our new and exciting approach to the dry cleaning industry. During this time, you will learn about CD One Price Cleaners operations, customized POS system, staffing, marketing, equipment, logistics, and so much more. We will always be available via phone and email when you need us, and you will have exclusive access to our confidential operations manual, from the moment you are selected to open a dry clean franchise business with CD One Price Cleaners.
CD One Price Cleaning is a sophisticated, modern business model in need of sophisticated owners and investors. Previous experience in the dry cleaning industry is not required. We’ll teach you everything you need to know. We are, however, looking for financially qualified, experienced business owners or managers who understand the pace of a quick service business, who are natural team leaders, and who have a solid understanding of logistics. We’ll make it as easy as possible with our streamlined franchise model and innovative take on the garment care and dry cleaning industry.
Are you ready?
Let us help you open a dry cleaning business with CD One Price Cleaners today.