Do you have an interest in starting a business in dry-cleaning or laundry? OXXO Care Cleaners Franchise is a great option for this, and it’s among the 10 best dry cleaning franchises to own.
In this article, we’ll tell you about OXXO Care Cleaners and things like how much money you can make, what it costs, the fees, and more.
We’ll also show you how to become part of OXXO Care Cleaners. So, let’s begin.
About OXXO Care Cleaners
Salomon Mishaan started OXXO Care Cleaners in 2000 to provide dry-cleaning services.
This company changed the dry-cleaning business by offering service all day and all night, just like an ATM machine.
Customers can pick up or drop off clothes anytime, and the stores are open regular hours.
This idea became very popular, and OXXO Care Cleaners became well-known in the U.S. Because of this success, the company began to sell franchises in 2011.
Now, it has more than 51 locations across the U.S., and it’s growing fast. The OXXO Care Cleaners business model is flexible, and they have three different kinds of stores – Plant Store, Drop Store, and ATM Unit.
These stores have different costs to start because of their size, but other rules are the same for all.
OXXO Care Cleaners doesn’t need you to have any experience because they give training to all new owners. The list of things you need to have or do is not very long.
You can easily buy an OXXO Care Cleaner franchise. They also help with financing from other lenders and give a 10% discount on franchise fees to veterans who qualify.
The company also gives help with advertising and other things to help you grow your business.
OXXO Care Cleaners Franchise Model
| Item | Plant Store | Drop Store | ATM Unit |
|---|---|---|---|
| Initial Investment | $475,500 – $667,000 | $169,500 – $388,500 | $119,000 – $162,500 |
| Franchise Fee | $36,000 (for all stores) | $36,000 (for all stores) | $36,000 (for all stores) |
| Liquidity | $250,000 | $250,000 | $250,000 |
| Royalty Fee | 6% | 6% | 6% |
| Area Requirement (sq. ft.) | around 600 – 1,000 | around 600 – 1,000 | around 600 – 1,000 |
Training & Support Of OXXO Care Cleaners
OXXO Care Cleaners gives a training program to all new franchise owners. The training lasts for 50 hours and includes both on-the-job and classroom training, with 25 hours for each part.
During this training, the company will teach you about running the store, packing, cleaning, sorting, checking, and other things.
They also provide other kinds of help like marketing in your local area, rules for advertising, sample packages, and using the OXXO name.
Besides, they will guide you in choosing equipment and other things to help your business grow without problems.
OXXO Care Cleaners Franchise Revenue & Profit
The money made by OXXO Care Cleaners franchises can change based on things like the store’s size, where it’s located, how many workers there are, and daily costs.
The company hasn’t shared any information about how much money their franchises make, so we don’t know the exact revenue and profit.
But, other similar businesses usually make between $50,000-$100,000 a year in profit. So, it’s likely that OXXO Care Cleaners franchises make about the same amount of money.
Payback Period Of OXXO Care Cleaners
The midpoint investment of OXXO Care Cleaners is $395,500, and the yearly profit is $100,000. So, to find out how long it will take to earn back the initial investment:
Payback Period = Midpoint Investment / Yearly Profit = $395,500 / $100,000 = 3.9 years
Based on these figures, it will take approximately 4 years to pay back the initial investment for OXXO Care Cleaners. This time period could be longer or shorter depending on your sales, revenue, and profit figures.
Failure Rate Of OXXO Care Cleaners
Franchised Outlets:
| Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|
| 2019 | 51 | 46 | -5 |
| 2020 | 46 | 41 | -5 |
| 2021 | 41 | 39 | -2 |
For the Franchised outlets:
- In 2019, the failure rate was (5)/51×100≈9.80%
- In 2020, the failure rate was (5)/46×100≈10.86%
- In 2021, the failure rate was (2)/41×100≈4.87%
According to the above-mentioned data, we can see that the franchised outlets for OXXO Care Cleaners declined from 2019 to 2021, showing a failure rate between 9.80% and 4.87%.
Term & Renewal of Agreement
The starting time for the OXXO Care Cleaners franchise agreement is 10 years. Right now, we don’t know anything about renewing the agreement, and the company hasn’t shared any information about this.
If you want to learn more about renewing the agreement, you can visit the official website and ask for the Franchise Disclosure Document. You will find all the information you need there.
OXXO Care Cleaners Comparison
| Company | OXXO Care Cleaners | Lapels |
|---|---|---|
| Founded In | 2000 | 2002 |
| Initial Investment | $475,500 – $667,000 | $391,031-$731,122 |
| Franchise-Fee | $36,000 | $50,000 |
| Liquidity | $250,000 | $80,000 – $250,000 |
| Total Outlet | 51 | 43 |
| Annual Revenue | $12.7 Million | $17.9 Million |
Frequently Asked Question
How many OXXO Care Cleaners franchises are there?
OXXO Care Cleaners has more than 51 units across the U.S.
Does the OXXO Care Cleaners franchise offer finance?
Yes, OXXO Care Cleaners franchisees offer a third-party financing option.
Where is OXXO Care Cleaners headquartered?
The headquarters of OXXO Care Cleaners is located in Miami, Florida.
Is OXXO Care Cleaners a franchise?
OXXO Care Cleaners is recognized as one of the best franchises and leaders in the eco-friendly dry-cleaning industry.
How much does an OXXO Care Cleaners Franchise Cost?
The initial investment cost of the OXXO Care Cleaners franchise ranges from $475,500 – $667,000, with an additional franchise fee of $36,000.
Who owns OXXO Care Cleaners?
Salomon Mishaan is the President and Owner of International Cleaners Corp., a franchising company that owns OXXO Care Cleaners.
Amit Gupta is an experienced expert in digital marketing and co-founder of DrFranchises. With more than 11 years of knowledge in franchise digital marketing, SEO, email marketing, and social media marketing, Amit has helped many brands achieve incredible success online. As a passionate entrepreneur and owner of 7 franchises, he continues to study franchise models, looking at costs, revenue, and profitability to guide brands toward profitable growth. When he’s not working on digital marketing, Amit enjoys spending time playing with his beloved dog.