ZIPS Dry Cleaners

Franchise Information

Analyzed filing: SD · File #22720
FDD issued: Apr 13, 2022
FDD Issued: Apr 13, 2022
Extracted: May 1, 2026
Analyzed
Franchisor Details
Name: ZIPS Franchising, LLC
Parent: Value Drycleaners of America, LLC
Address: 8510 Corridor Road, Suite 200, Savage, Maryland 20763
Phone: (301) 313-0389
Franchising Since: 2006
Industry & Qualifications
Industry
Other
Veteran Discount
20.0%
Franchise Fee
$25,000 - $30,000
Royalty
6.0%
Ad Fund: 5.0%
Total Investment
$184K - $1.29M
Outlet Information
Total Outlets
67
Franchised
64
Company-Owned
3
Opened (Last Year)
+3
Closed (Last Year)
-5
Churn Breakdown (Last Year)
Terminations
0
Non-Renewals
1
Ceased Ops
1
Transfers
3
Reacquired
1
Item 19 (Financial Performance)
Disclosed
Average total revenue for 49 ZIPS Dry Cleaners Businesses Plant Stores operated...
Financial Performance (Item 19)
Avg Unit Volume
$707,349
Median
$686,882
Highest
$1,498,617
Lowest
$164,379
% Achieving Avg
49.0%
Sample Size
49 units
Unit Economics
EBITDA
23.7%
Gross Margin
89.3%
Labor Cost
40.2%
COGS
10.7%
Rent/Occupancy
18.0%
Legal History
Litigation: Yes
Inexpensive Dry Cleaners, LLC, Maurice Jennings, and Tracy Jennings v. ZIPS Franchising, LLC, No. CA...
Bankruptcy: None
Number File name Source State Filing Date Actions
22720 440661_Franchise__ZIPS_Dry_Cleaners_EFDID__4406_South Dakota_22720.pdf
Canonical 2022 analysis · newest filing
SD Apr 13, 2022
FDD issue date
Restricted
19104 440661_Franchise__ZIPS_Dry_Cleaners_EFDID__4406_Virginia_19104.pdf
Alternate source copy
VA Apr 13, 2022
FDD issue date
Restricted
24199 440661_Franchise__ZIPS_Dry_Cleaners_EFDID__4406_New York_24199.pdf
Alternate source copy
NY Apr 13, 2022
FDD issue date
Restricted
18434 440661_Franchise__ZIPS_Dry_Cleaners_EFDID__4406_North Dakota_18434.pdf
Alternate source copy
ND Apr 13, 2022
FDD issue date
Restricted
24971 440661_Franchise__ZIPS_Dry_Cleaners_EFDID__4406_California_24971.pdf
Alternate source copy
CA Apr 13, 2022
FDD issue date
Restricted
1860150348 MN_2651-201704-02_zips-franchising,-llc.pdf
Canonical 2017 analysis
MN May 9, 2017 Restricted
Showing 1–6 of 6 files.
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