Comet Cleaners Franchise

One-hour dry cleaning

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R.L. (Jack) Godfrey founded the original Comet Cleaners in 1960. Today, the family-run company, under the direction of Godfrey's son and grandson, has over 300 location in the United States and Mexico providing one-hour dry cleaning services.We will:Enroll you in our comprehensive training course which teaches the essentials of dry cleaning operations and business management.Assist you in laying out the store so you can make the most out of your space.Send experienced technicians to install your equipment.Provide guidelines on marketing your store. You will also have the advantage of using the nationally recognized Comet Cleaners name.  While we are honored to help our veteran franchisees get their start, the dedication and hard work they give back exceeds tenfold. We encourage veterans to apply not only because we value their service and skills, but because we know that they have the potential to take Comet Cleaners to new heights. Seeking new franchisees in the following : Arkansas, Arizona, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Missouri, New Mexico, Nevada, Ohio, Oklahoma, Tennessee, Texas, Utah and MexicoVeterans discount   $10,000 discount on the initial franchise fee

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Comet Cleaners, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Comet Cleaners website.

How much does it cost to open a Comet Cleaners Franchise ?

The investment required to open a Comet Cleaners Franchise is between $79,000 - $624,000 . There is an initial franchise fee of $15,000 which grants you the license to run a business under the Comet Cleaners name.

Individual Franchise Costs

  • Initial Investment:
    $79,000 -
  • Initial Franchise Fee:
    $15,000
  • Royalty Fee:
    0
  • Term of Agreement:
    5 years

Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Third Party Financing Source(s):
various lenders

Support
Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks

Comet Cleaners Growth History

When did the first Comet Cleaners open? 1947
When did Comet Cleaners start Franchising ? 1967

Year U.S.A. Canada International Corporate
2004 284 0 10 15
2003 320 0 10 15
2002 329 0 12 12
2001 329 0 12 13
2000 333 0 12 12

Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

General business experience

Arkansas, Arizona, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Missouri, New Mexico, Nevada, Ohio, Oklahoma, Tennessee, Texas, Utah,

Mexico,



How much does a Comet Cleaners Franchise owner make?

How much money you could make as a Comet Cleaners Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Comet Cleaners Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$15,000 - $624,000
Initial Franchise Fee
$15,000
Royalty Fee
0
Term of Agreement
5 years
Latest News
Franchise Update Business Magazine

2006-10-10 View All
Comet Cleaners Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Comet Cleaners and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Comet Cleaners franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.