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Pressed 4 Time

Pressed 4 Time is the world’s first and foremost dry cleaning & shoe repair, pick-up & delivery service franchise. Our mission is to simplify lives and return time to people by delivering the services we promise. Every week more than 50,000 people smile when they see us. In simple terms, Pressed4Time is a sophisticated dry cleaning pick-up and delivery service. We are the only franchise that targets people at local business and office buildings and establishes routes our customers can depend on. Twice weekly we pick up and/or deliver dry cleaning and shoes for repair. All dry cleaning is done by a local dry cleaning plant. No experience in the dry cleaning industry is needed.

BACKGROUND

Established: 1987
1st Franchised: 1990
Franchised Units: 165
Company Owned Units: 0
Projected New Units (12 Months): 24 - 36
Registered: All States except ND, SD, IA

FINANCIAL/TERMS

Cash Investment: $35,910 to $44,810
Total Investment: $35,910 to $44,810
Typical Initial Investment: $39,260 - $41,995
Minimum Net Worth: $50K; Candidate also needs cash reserve or other household income to cover normal living expenses for a year.
Franchise Fee: $29.9K
Royalty: 6% of Revenue up to $20K / month, 3% of Revenue in excess of $20K / month regardless the number of vans
Ad: None
Average Number of Employees: Owner/Operator
Passive Ownership: No

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Liquid Capital to Invest $25,000 - $50,000$50,001 - $100,000$100,001 - $250,000$250,001 - $500,000$500,001 +

My Time Frame Time FrameNow1 - 3 Months4 - 6 Months6 - 12 MonthsGreater than One Year

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