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Frequently Asked Questions for Starting a Dry Cleaner's
Who is Neighborhood Cleaners?
With over seventy stores across the country and others that have elected to use a personally selected store name, we are a leader among consumers and continue to be recognized within the industry for our innovation and leading edge Clean Technology!
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Is NHC a public or private company?
Neighborhood Cleaners is a private firm, operating as a division of MadBrook Inc.
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What does it cost to start a Neighborhood Cleaners Drycleaners?
The minimum investment for a complete turnkey package with storefront and a production environment is $125,000 with our Micro Package. Keep in mind that you will also need working capital to cover your initial utility expenses and labor cost as you ramp up to full production. In addition, new store owners will need money to cover their building modifications. All together, we estimate investors will need approximately $180,000.
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What are the franchise and royalty fees?
There are no franchise fees nor any royalty fees. And you are not a franchise as you operate your own business under your own terms.
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What is the difference between your model and a franchise model?
Running a dry cleaning business is not rocket science. We equip you with all of the tools to be successful. Why pay someone an annual franchise fee and/or royalty fee because when it comes down to it, you know your market and you know your needs!
Neighborhood Cleaners provides you with all the training and managerial advantages that will allow you to run your business on your own. We provide one-year of ongoing training and support. After that first year, there's no need to pay someone else to make decisions for you.
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Does Neighborhood Cleaners provide financing for Drycleaners development?
We will work with you to find the best financing solution. Whether it is the local bank, private lenders or the Small Business Administration, we will work with you to get the money you need. For the most part, you will need a strong credit score, equity in your home and a strong asset portfolio to qualify.
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Does your company provide equipment training?
Most definitely. We provide extensive training. We own our own plant and understand the nuances and daily issues that arise in equipment maintenance and proper care. Our expertise is your advantage.
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What are the profit margins and expected return rate in this business?
Sales are dependent on a number of factors, including the ability of each store owner and investor to manage the business, increase sales volume and control operating costs. Standard profits in the industry are between 30 and 35% - higher or lower depending on the market.
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Will Neighborhood Cleaners provide help with finding a location?
Yes, a complete site evaluation shall be conducted.
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What other type of ongoing support does Neighborhood Cleaners provide?
Neighborhood Cleaners provides ongoing guidance and training while also serving as a "one-stop shop" for all your business needs.
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How many company stores currently exist?
While there are over seventy Neighborhood Cleaners throughout the country, we own two locations of our, a plant and storefront in Woodstock, VA, along with a drop store in Strasburg, VA.
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What is the approximate size for a store and production facility?
Between 1,000 - 4,000 square feet depending on the package you choose.
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Call 540.975.0705 for Tim or Sean. |
