Are you looking for CD One Price Cleaner Franchise but are you still confused about whether this franchise is a good investment or not?
Do not worry, as, in this article, we will provide all the information related to CD One Price Cleaner Franchise. So, let’s begin!
About CD One Price Cleaner
In 1984, CD One Price Cleaner was founded in Houston, Texas. They offer superb quality dry cleaning and laundry services at low prices and also offer some other relevant services, like wash-and-fold laundry service, etc.
Currently, CD One Price Cleaner has more than 36 units across the U.S. The business model of CD One Price Cleaner is very flexible.
They never require any prior experience from you to buy this Franchise. Also, their requirement is not as long as others, and even the interview process is not rigorous.
You can buy this Franchise without any hurdles. It also provides financial support to all new franchisees and offers a veteran discount to eligible candidates.
Moreover, they also provide training programs and different kinds of support to franchisees for managing their business activities.
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CD One Price Cleaner Franchise Model
| Initial Investment | $615,000 – $830,000 |
| Franchise-Fee | $20,000 |
| Royalty-fee | 5.5% |
| Area Requirement | N/A |
| Liquidity | $150,000 |
| Total Outlet | 36 |
Training & Support Of CD One Price Cleaner
CD One Price Cleaner provides a training program to all new franchisees. The duration of the training program is around 277 hours, of which 70 hours is of classroom training and 157 hours is of on-the-job training.
This training program includes all the guidance and instructions which will help you to manage various business activities like marketing, advertisement labor management, and administration easily.
And not only this, but they also provide different kinds of support to franchisees which enhances business growth.
Moreover, they are always available for you to provide guidance and help you to solve your day-to-day problems related to business management.
Term & Renewal of the Agreement
The initial length of the term of the agreement of the CD One Price Cleaner franchise is 10 years. After the expiry of the initial term, franchisees can renew the term for another 10 years.
But, there are certain conditions required by the franchisor to get fulfilled for the renewal of the term.
CD One Price Cleaner Financial Assistance
CD One Price Cleaner offer direct or indirect financing options to franchisees for the establishment of their franchise business.
The franchisor also provides some franchisees’ promissory notes, leases, and other obligations. Moreover, the franchisors allow third-party financing and other sources of financing.
CD One Price Cleaner Comparison
| Company | CD One Price Cleaner | Lapels |
|---|---|---|
| Founded In | 1984 | 2002 |
| Initial Investment | $615,000 – $830,000 | $391,031-$731,122 |
| Franchise-Fee | $20,000 | $50,000 |
| Liquidity | $150,000 | $80,000 – $250,000 |
| Total Outlet | 36 | 43 |
| Annual Revenue | $6 Million | $17.9 Million |
Frequently Asked Question
How many CD One Price Cleaner franchises are there?
CD One Price Cleaner has more than 35 units across the U.S.
How much does it cost to own a CD One Price Cleaner Franchise?
An initial investment required to open a CD One Price Cleaner Franchise is $615,000 – $830,000
Does the CD One Price Cleaner franchise offer financial assistance?
Yes, CD One Price Cleaner franchise offers financial assistance to franchisees.
Where is CD One Price Cleaner headquarters?
Westchester, Illinois, United States
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.