Question 1

How much does it cost to open a ZIPS Cleaners franchise?

Accepted Answer

The total initial investment for a ZIPS Cleaners franchise ranges from $205K to $1.2M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the ZIPS Cleaners franchise fee?

Accepted Answer

The initial franchise fee for ZIPS Cleaners is $30K.

Question 3

What are the net worth requirements for a ZIPS Cleaners franchise?

Accepted Answer

Net worth requirements for ZIPS Cleaners are specified in the Franchise Disclosure Document.

Question 4

Does ZIPS Cleaners require a personal guarantee?

Accepted Answer

Yes, ZIPS Cleaners requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a ZIPS Cleaners franchise?

Accepted Answer

Equipment costs for a ZIPS Cleaners franchise range from $32K to $425K. Initial inventory costs range from $8K to $30K.