While we are no longer seeking new franchisees for stores in the Chicago area, we are beginning our expansion outside the Chicago market and are now considering a number of new markets in the Midwest for franchise growth. If you are interested in opening one store or developing an entire market, we'd like to talk with you. We are seeking franchisees in the following areas:
Metro Detroit/ Ann Arbor/SE Michigan
- St. Louis (traditional franchise and Joint Venture/Partner program)
- Columbus (traditional franchise and Joint Venture/Partner program)
At this time, we offer two paths forward toward franchise ownership with CD One Price Cleaners, one as an individual and one as a possible partner
One is our traditional franchise program where the franchise owner makes an initial capital investment of approximately $200,000 -225,000 as a down payment on a total investment of approximately $750,000 to open a new store. The franchisee would obtain financing from a lender, with financing typically over 7-10 years.
We are excited to announce that we will be launching a unique Joint Venture/Partner Program in 2014. The company is looking for the right partner to oversee the management of new franchise stores under the traditional franchise program in two target markets. At this time, we will be offering this program in only two target markets—St. Louis and Columbus. This Joint Venture/Partner Program would be exactly that, a partnership with an affiliate of the franchisor where both you and we make an initial equity contribution and both parties guarantee the lease and any financing agreements jointly. The store will be operated as a partnership under the Franchisor’s Franchise Agreement. The partner we select would be the majority partner and be responsible for the day-to-day management of the store. We would both share the risks and benefits of the operation of the store going forward. For this program, we are looking for individuals with prior management or business ownership experience who would like to partner with an affiliate of the parent company to introduce the CD One Price Cleaners experience to a new market.
To learn more about either of these programs call Tom Ryan, our VP of Franchise Development at (708) 836-4615. You will then complete an initial Request for Consideration form.
On a consumer level, branded franchised businesses attract customers seeking consistency in products and services from location to location. Consumers know what to expect when they visit a franchised business. For entrepreneurial individuals interested in opening their own business, franchise ownership allows the owner to utilize the proven methods, practices, training, purchasing power, marketing plans and operational know-how of the franchiser, thereby increasing the chance of long term success.
The brand attracts customers seeking a consistent product or service
Proven marketing strategies and programs to Get and Keep customers
The use of a proven store operating strategy instead of reinventing the wheel from scratch
Detailed initial training programs with well-organized operations manuals
Ongoing store support programs, District Manager support and mentoring and the benchmarking of financial results across the system to help answer the following question on an ongoing basis: “How do my results compare with other CD One Price Cleaners stores?”
At CD One Price Cleaners, we understand that finding a franchise that meets your needs can sometimes be a long and difficult process. To assist you in evaluating our franchise opportunity, and assist us in getting to know more about you, we have developed a simple, informative process to follow. Following these steps will make your exploration of our franchise opportunity a little easier and more productive. At the end of this process, if we are both comfortable that the opportunity is a good fit, you may be offered the opportunity to join our system by acquiring own your own franchise. We have both existing and new store opportunities available. We are confident that as you learn more about our organization and proven business methods, you will discover that the CD One Price Dry Cleaner franchise is one exciting and unique business opportunity worthy of your consideration.
- There are more than 900,000 franchised establishments
- Generated more than $880 billion in direct economic output in 2004( 4.4% of the private sector economy in the US)
- Provides jobs for over 11 million Americans (almost 8% of all US private sector employment)
Source: 2005 report prepared by Price Waterhouse Coopers for the International Franchise Association
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