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Who is Comet Cleaners ?
Comet Cleaners is a dry-cleaning industry leader
in America. Comet Cleaners is recognized by manufacturers and other
dry-cleaning concerns for their innovations within the dry-cleaning
industry.
Is this a public
or private company? Comet Cleaners is a privately held firm.
How much does it cost to build a Comet Cleaners Dry-cleaners?
The estimated initial investment required is $250,000
or higher.
What
is the franchise fee?
The initial U.S. franchise fee is $25,000 per
unit for a standard Comet Cleaners.
What
is the royalties fee?
There is no presently NO royalty fee. Only a $2000 annual fee is
required.
How
much cash or liquid assets are required to acquire a franchise?
Cash or liquid asset requirements begin at $100,000 per location.
Does
Comet Cleaners provide financing for Dry-cleaners development?
Yes, we will provide information on lending institutions which finance
prospective franchisees.
What
is an UFOC?
Uniform Franchise Offering Circular. This document explains the key
points of the franchise relationship, including form development and
franchise agreements."
Do
you provide training?
Yes, a comprehensive training program is providing
as part of your package.
What
type of return can I expect to make on my investment?
The Federal Trade Commission does not permit
Comet Cleaners to provide earnings statements to its prospective
franchisees. However, we encourage our prospective franchisees
to contact existing franchisees with questions on marketing, finances,
sales volumes, operations, etc. Sales are dependent on a number
of factors, including the ability of the franchisee to manage the
business, increase sales volume and control operating costs.
Will
Comet Cleaners provide assistance in site selection?
Yes, a complete site evaluation shall be conducted.
What
other type of ongoing support does Comet Cleaners provide?
Comet Cleaners provides ongoing guidance and
training while also serving as a "one-stop shop" for all your business
needs.
Do
you have company stores?
Yes, Comet Cleaners operates multiple company
stores.
How
long has Comet Cleaners been in business?
Since the 1960s.
What
is the average size of a Comet Cleaners?
2,000 - 2,500 square feet.
Where
can I get a list of the existing Comet stores?
Select the Store Locator in the blue navigator bar at the top
of the screen.
What
are the initial steps in becoming a Comet Cleaners Franchise Owner?
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Review the initial packet of information and complete the
no-obligation Applicant Information Sheet.
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Meet with a Comet Cleaners Representative and receive
a copy of the Comet Cleaners Uniform Franchise Offering Circular
(UFOC).
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Evaluate Comet Cleaners as a business opportunity (visit
franchise stores).
- Sign Franchise Agreement.
What
happens after I sign a Franchise Agreement?
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Orientation with a Comet Cleaners Representative.
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Site Evaluation and Selection.
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Lease Negotiation.
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Construction Design & Development.
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Design Store Plant.
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Order equipment.
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Advertising.
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Training.
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Grand Opening.
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