CD One Price Cleaners Franchise Analysis
CD One Price Cleaners is graded based on our most recent FDD research!
Franchise Opportunity Details
CD One Price Cleaners offers services for any garment, men's or women's, dry cleaned for one low price.
What are the requirements to buy an CD One Price Cleaners franchise?
CD One Price Cleaners has a franchise fee of up to $30,000, with a total upfront investment range of $810,750 to $989,450.
- Initial Franchise Fee: $30,000
- Total Investment: $810,750 to $989,450
- Working Capital: $50,000 to $65,000
- Royalty Fee: 6.5%
The initial investment of any franchise opportunity includes many fees. Explore this franchise opportunity to better understand the initial costs required to own an CD One Price Cleaners, such as territory fees, leasehold improvement costs, grand opening marketing, and equipment purchases. It should be noted that, franchise companies are required to provide you with details about all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.
Can you Afford This Franchise. Complete our Affordability Calculator to find out!
How much does an CD One Price Cleaners franchise owner make?
As with any new business, the franchisee's salary and the profits from a CD One Price Cleaners business depends on a lot of different factors. One way to confirm the potential revenues or profits earned from a CD One Price Cleaners franchise investment is to analzye the franchisor's Item 19 within their FDD. Typically, earnings and owner's salary are proportionate to the size of the investment and number of locations you purchase. Demand for your products, your labor costs, commercial lease rates and several other variables also play a large role in your bottom line and your personal salary
For more details and franchise specific on the profits of an CD One Price Cleaners franchise opportunity, unlock this franchise opportunity
How many franchise locations does CD One Price Cleaners franchise operate?
As of the 2017 Franchise Disclosure Document, there are 29 franchised CD One Price Cleaners locations in the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any CD One Price Cleaners franchise opportunities near me?
Based on 2017 FDD analysis, CD One Price Cleaners has franchised locations in 2 states.
Based on the data collected CD One Price Cleaners is growing into new locations and could be available near you. While planning your franchise purchase, you should be thinking about where is a good location for my business. Review the potential customer base to assess that the area you are looking at has a need or customers for this business. Even the most popular franchises have states that they are not successful in. The reasons why a specific franchised location can fail are plentiful. So, you need to research not only the franchised business itself, but review areas where you believe the franchise has a more profitable opportunity.
One of our advisors will have detailed knowledge about this franchised business. Unlock to learn more and talk with our researchers.
Last Reviewed: 2017
Sector: Personal Services
Category: Laundry & Dry Cleaning
CD One Price Cleaners Franchise INFORMATION
10 Years
10 Years
26
29
6.5%
3.0%
EXTRA INFORMATION
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 227 hours. This includes 70 hours of classroom training, 157 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | N/A |
|---|---|
| On-the-Job | 157 |
| Classroom | 70 |
| Total | 227 |
Do they provide Territory Rights?
CD One Price Cleaners offers territory protections. For an explanation of territory rights, unlock this franchise opportunity for more details.
Do they have marketing and technology support in place?
No, CD One Price Cleaners does NOT offer comprehensive support for franchisees.
When did CD One Price Cleaners start franchising?
They began franchising in 2005. The average Laundry & Dry Cleaning franchise began franchising in 2019.
Do they offer lending support?
Yes. They offer certain financing options within Item 10 of their FDD.
Unlock this opportunity for instant access to our research reports, including:
- Growth breakdown
- Turnover breakdown
- Financial transparency
- Initial and renewal terms
- Royalties and ongoing fees
- Critical Franchise FAQs
- Our grade and free access to consult with a franchising expert
- What are the historical franchise owner profits?
- Do they provide Veteran or First Responder discounts?
- Do they use public figures to promote their franchise?
- Do they disclose any bankruptcies?
- Is this franchise related with any other franchise companies or private equity investment groups?
- How many new outlets have they sold over the last 5 years?
- How many franchised outlets have closed over the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have terminated over the last 5 years?
- Do they operate any company or affiliate owned outlets?
- What is their initial and renewal term lengths?
- Do they have any lawsuits?
- How long has the franchisor been in business?
- Are they expanding into Canada or other Countries?
- How are the royalty, advertising and marketing funds administered and managed by the franchisor?
- Is your desired franchise territory available?
- What is the role of technology in the operation of the franchise?
- Why has new franchise outlet growth been so low?
- What are the important requirements for operating a successful franchised location in this brand?
- Are you required to work in the outlet or is this a passive investment opportunity?
- Will they refund the franchise fee under certain circumstances?