ZIPS Dry Cleaners Ranks #135 on Entrepreneur Magazine’s Franchise 500 List
Also named top Dry Cleaning Services franchise for 2018
January 12, 2018 // Franchising.com // GREENBELT, Md. - ZIPS Dry Cleaners - an aggressively expanding dry cleaning franchise known for its same-day, one-price business model - has claimed the No. 135 spot on Entrepreneur magazine’s annual Franchise 500® list. Additionally, the company was ranked as the top franchise in the “Dry Cleaning Services” category.
Recognized as the world's first, best and most comprehensive franchise ranking, the 39th annual Franchise 500 recognized ZIPS Dry Cleaners for its exceptional performance in areas including Brand Strength, Financial Strength & Stability, Size & Growth, Support, and Costs & Fees. More than 1,000 companies were vetted by Entrepreneur’s editorial team for the 2018 ranking.
ZIPS improved a remarkable 190 spots since its inaugural ranking in 2012.
“ZIPS continues to grow as a franchise because we’ve created a business that works for our franchisees and the clients we serve. Being ranked by Entrepreneur as the top dry cleaning services franchise speaks to the success of the ZIPS model and the strong team we have in place,” said CEO Drew Ritger. “This recognition, coupled with the brand loyalty from both our franchisees and customers, will no doubt continue to drive our business forward and propel our brand to new heights.”
Founded in 1996 and franchising since 2006, ZIPS’ successful business model is based on a concept revolutionary to the industry and clearly in high demand to today's dry cleaning customer - dry cleaning that is ready for pick-up the same day it's dropped off and all for a flat-rate. At ZIPS, a customer can have any item of clothing dry cleaned for $2.29. It doesn’t matter if the item is a necktie, a coat or a pair of pants, the price is $2.29, 60 percent less than the national average.
In addition, in today’s increasingly “green-conscious" society, ZIPS is leading the way in the search for new environmentally friendly practices, such as its use of biodegradable plastic bags and hanger recycling program. ZIPS recycles thousands of hangers each year, uses 100% biodegradable plastic bags, and focuses on continuing to reduce water usage and waste production.
Today, ZIPS has more than 50 locations open and operating throughout the Mid-Atlantic and as far as Texas and California. The company also has a total active franchise pipeline that stands at more than 325 stores, all of which are slated to open over the next several years.
According to ZIPS’ Vice President of Development Aaron Goldberg, 2018 is lining up to be the company’s most successful year yet. He expects the dry cleaning chain to capitalize on the past year’s momentum and add as many as 14 stores in new and existing markets, while signing several more development deals in new DMAs, six of which are already in the works. He also expects ZIPS to have a record number of customers and sales by the end of the year.
For more information about ZIPS’ franchise opportunity, please visit www.discover.321zips.com.
The full 2018 Franchise 500 ranking was published in the January-February 2018 issue of Entrepreneur magazine and can be found online at www.entrepreneur.com/franchise500.
About ZIPS Dry Cleaners
Founded in 1996 and franchising since 2006, ZIPS Dry Cleaners is an aggressively expanding dry cleaning franchise known for its same-day, one-price business model. It doesn’t matter if the item is a necktie, a wedding dress or a pair of pants, the flat rate is 60 percent less than the industry average. Today, there are more than 50 ZIPS stores open and operating in six states, with more than 325 additional locations in various stages of development. For more information, visit www.321zips.com.
SOURCE ZIPS Dry Cleaners