Best Dry Cleaning Franchises in 2024
There are currently over 34,000 dry cleaning businesses/units. The majority of the dry cleaning and laundry services are in the retail space which accounts for 63.6% of the market. The dry cleaning business is trending towards having one owner own multiple locations, as businesses are trying to consolidate as the dry cleaning industry is trending slowly downward. In this article, we will discuss the current dry cleaning franchises industry trends. In addition, we will list what we think are the 7 best dry cleaning franchises ranked by net unit growth.
Dry Cleaning Industry Trends
Due to the shift of working at home and the shift to a more casual workplace environment of not requiring suits, the dry-cleaning demand has diminished. However, large dry cleaners are beginning to take over the market share while smaller mom and pops are closing. Therefore, this seems like a good indication for established franchise brands to expand their market share. The dry cleaning industry now needs to shift and innovate to meet the demands of convenience that are coveted by millennials.
7 Best Dry Cleaning Franchises for 2023
Tide Cleaners
Total U.S. Locations |
227 |
Net Unit Growth (3 years) |
89 |
Initial Investment |
$115K-$2.54M |
Royalty Fees |
7% |
Estimated Profits |
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Estimated Resale Value |
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Tide Cleaning is a well-known franchise in the dry cleaning franchises industry. They offer customers different services like stain removal, fabric protection, and wrinkle-free drying. In addition, they have various wash options, including standard, quick, and express wash. As a franchisee, you will have their support as they provide you with proven business model, extensive training, and support. Also, they offer their franchisees a variety of financing options to help them get started.
Speed Queen
Total U.S. Locations |
24 |
Net Unit Growth (3 years) |
9 |
Initial Investment |
$1.13M-$1.88M |
Royalty Fees |
4% |
Estimated Profits |
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Estimated Resale Value |
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Speed Queens provides their franchisees with dry cleaning franchise opportunities for setting up, growing, and managing upscale laundromats using the SPEED QUEEN® brand and operating system (referred to as a “Speed Queen Store” or “Store”).
Zoom Express Laundry
Total U.S. Locations |
3 |
Net Unit Growth (3 years) |
3 |
Initial Investment |
$688K-$1.55M |
Royalty Fees |
6% |
Estimated Profits |
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Estimated Resale Value |
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Your role as a franchisee will involve overseeing a Zoom Express Laundry store equipped with modern coin and card-operated high-speed washing and drying machines. Additionally, the store will offer convenient pickup and drop-off services for laundry and dry cleaning. All of this will be carried out under the distinguished trademark and service mark of “ZOOM EXPRESS LAUNDRY.”
Laundrolab
Total U.S. Locations |
5 |
Net Unit Growth (3 years) |
3 |
Initial Investment |
$1.59M-$1.94M |
Royalty Fees |
6% |
Estimated Profits |
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Estimated Resale Value |
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Laundrolab offers unique services for both businesses and individual customers with laundry and dry cleaning needs. They also offer a comprehensive package that includes essential equipment, products, and training required for new franchisees to kickstart their venture.
Moreover, the franchise offers their franchisees continuous support and training throughout the operation to ensure that new franchisees can run a successful business.
Lapels
Total U.S. Locations |
83 |
Net Unit Growth (3 years) |
-6 |
Initial Investment |
$40K-$730K |
Royalty Fees |
6% |
Estimated Profits |
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Estimated Resale Value |
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Lapels have satellite dry cleaning stores and dry cleaning plants that are environmentally friendly. Their environmentally friendly approach allows them to use fewer chemicals and less water than conventional dry cleaning machines. As a franchisee, you will receive a lot of support from the franchisor as they care about your business’s success. For example, there is 24/7 online support as well as continuous support from their regional manager and the corporate office.
OXXO Care Cleaners
Total U.S. Locations |
43 |
Net Unit Growth (3 years) |
-15 |
Initial Investment |
$119K-$672K |
Royalty Fees |
To learn more check the FDD |
Estimated Profits |
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Estimated Resale Value |
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Oxxo Care Cleaners is one of the largest laundry and dry cleaning franchises in the US. They also deliver their services using an environmentally friendly approach. As a franchisee, you will operate your business under the trade name and service mark “OXXO Care Cleaners”.
Martinizing Dry Cleaning
Total U.S. Locations |
138 |
Net Unit Growth (3 years) |
-35 |
Initial Investment |
$36K-$744K |
Royalty Fees |
6% |
Estimated Profits |
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Estimated Resale Value |
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Martinizing Dry Cleaning is a dry cleaning franchise that offers its customers in-store, pickup, and delivery services. Also, they have a well-trained staff that performs all the services in a professional manner. As a franchisee, you will be provided with a business model that includes everything from real estate guidance to marketing support.
Conclusion
In conclusion, it’s clear that the dry cleaning industry is going through some major shifts in response to how we work and what we wear. With remote work becoming more popular and a more laid-back approach to dressing, the old-school demand for dry cleaning is taking a hit. But here’s where the big-name franchise players come into play – they’re not just sitting back; they’re seizing the chance to grab a bigger slice of the pie. Under these circumstances it could be beneficial to enter the industry under the name of an established brand, so you can already have a customer base. In this article, we listed the best dry cleaning franchises in 2023 that you can consider when making a decision about investing in the industry.
