Question 1

How many ZIPS Cleaners franchise locations are there?

Accepted Answer

ZIPS Cleaners currently has 72 total units, including 70 franchised locations and 2 company-owned locations.

Question 2

Is the ZIPS Cleaners franchise system growing or shrinking?

Accepted Answer

ZIPS Cleaners has experienced positive net growth of +4.3% over the past year, with a 3-year compound annual growth rate (CAGR) of +2.9%.

Question 3

What is the franchise vs. company-owned ratio for ZIPS Cleaners?

Accepted Answer

ZIPS Cleaners has a franchise ratio of 97%, meaning 97% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many ZIPS Cleaners franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), ZIPS Cleaners had 4 units opened and 0 units closed.