A dry cleaning franchise provides an easy, straightforward business for entrepreneurs. If you are looking to not only be your own boss, but also to quickly be able to focus on increasing profits, instead of building your business expertise, a dry cleaning franchise is a great choice. With a dry cleaning franchise, you don't need to worry about maintaining inventory or working late nights and Sundays. Finally, dry cleaning franchises don't even require a lot of employees to run smoothly.
In 2017, 28.15 million Americans said they used a dry cleaner in the last three months.
SOURCE: Nielsen Scarborough
Revenues from dry cleaning services in the U.S. are projected to reach $8.08 billion by 2020.
SOURCE: Statista; US Census Bureau
The average U.S. household spends about $500 on dry cleaning per year.
SOURCE: First Research
The dry cleaning industry's contribution to the economy will rise at a 0.4% rate/year until 2022.
SOURCE: IBIS World
Statista; US Census Bureau
When it comes to types of dry cleaning franchises, you have several options. A traditional dry cleaners, a dry cleaner that also offers laundry services (i.e. fluff and fold) or a dry cleaner that provides specialized cleaning for items such as wedding dresses, furs or leather. The choice of which type of dry cleaner franchise you wish to pursue will depend on what your local area can support. There are also discount dry cleaners now, offering lower prices on same day service.
A dry cleaning franchise is a great choice for the right entrepreneur because it is a business that enjoys huge demand, even during economic downturns. Most dry cleaners have a great deal of repeat business as well as low employee turnover, making a dry cleaning franchise a stable opportunity. What's more, a dry cleaning franchise doesn't have to maintain a large inventory. Dry cleaners, and laundries, have also been rated as among the top ten enterprises with the lowest failure rate.
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