Rapidly-growing ZIPS Dry Cleaners, which is known for its one-price, same-day service business model, has been included in Entrepreneur magazine’s annual Franchise 500 rankings. The Baltimore/Washington,D.C.-based franchise business came in at number 161, jumping 164 places from its last ranking at Number 325 back in 2012. The Franchise 500 is recognized by the industry as a top tool for measurement against competition, and areas such as financial strength, growth rate, stability and system size are all considered when it comes to the ranking placements.
Brand CEO Reid Bechtle said the magazine's recognition of the brand confirmed the company is a dynamic group that is continually growing and striving to provide outstanding support to its franchisees, which benefits its customers by extension.
Started in 1996, ZIPS Dry Cleaners began offering franchising opportunities in 2006. Its business model is a revolutionary concept in the industry and in high demand among today's consumers: dry cleaning that is ready on the same day and all for a flat rate that is about half the industry average. Currently, this brand has close to 50 locations operating in the Mid-Atlantic area, with an impressive three-year growth rate for units of over 32 percent. Its active franchise-for-sale pipeline stands at more than 250 locations, all of which have planned openings over the next several years.
Bechtle has already marked 2017 to be the franchise business brand's most successful year, adding that the company is now actively seeking multi-unit franchisees for its franchising opportunities to expand its national presence. The franchise fee for this exciting opportunity is $50,000, with the total investment ranging from $769,050 to $1,022,500.