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April 17, 2013
JPB Capital Partners Buys Controlling Interest in ZIPS Dry Cleaners

COLUMBIA, Md. — Three members of JPB team to take seats on ZIPS board of directors

COLUMBIA, Md. — Private equity firm JPB Capital Partners has invested in Value Drycleaners of America LLC, the parent company of ZIPS Franchising LLC (“ZIPS”), one of the largest franchisors of retail dry cleaners in the Mid-Atlantic region. Terms of the transaction were not disclosed.

ZIPS began in 1996 with a group of eight dry cleaners in the Baltimore-Washington region and has grown to 36 franchise operations in Maryland, Virginia, Pennsylvania and Washington D.C.

“We believe that ZIPS has created great brand awareness and a unique model within the dry cleaning industry,” says Jim Bolduc, senior managing director of JPB Capital Partners. “With this foundation in place, and the combination of our capital and our team’s knowledge and experience in both retail and franchise operations, we believe that we can move the concept through its next phase of growth including improved execution of the existing system and further geographic expansion of the concept.”

February 13, 2013
Lapels Dry Cleaning Launches International Division

HANOVER, Mass. — Franchise looks to bring signature services overseas

HANOVER, Mass. — Lapels Dry Cleaning has built its franchise upon environmentally friendly dry cleaning methods, “outrageous” customer service and marketing, the company says, and now it’s looking to bring those signature services abroad with a new international division.

“I believe there are markets outside the United States that will be as strong, if not stronger, because of the lack of quality competition and the importance of quality garments and the care of those garments,” says Michael Eisner, director of franchise development for Lapels. “Over the years, we have been inundated with requests for franchising from overseas.”

“Being able to have your garments cleaned in an affordable and timely fashion that doesn’t negatively impact the environment is something that’s appreciated everywhere, not just in the U.S.,” says Lapels CEO Kevin Dubois. “With this new division, we are currently speaking with Franchise Partners from across the world and anticipate opening our first store within 2013.”

November 12, 2012
NBA’er Jeffries Looks to Score with ZIPS Dry Cleaners Franchise

GREENBELT, Md. — Pro basketball player sees parallel between franchising and sports

GREENBELT, Md. — Jared Jeffries of the NBA’s Portland Trail Blazers, along with business partner Shawn Strader, recently joined the likes of Shaquille O’Neal, Venus Williams and Drew Brees in looking to make a fortune in franchises.

Jeffries and Strader have committed to opening a ZIPS Dry Cleaners, a Mid-Atlantic-based chain that has built a brand name on its low-cost, one-price-for-any-garment model. Their franchise is expected to open in Northern Virginia by the end of the year.

“Owning a franchise was the next logical step for me and Shawn, and ZIPS provided a safe and promising way to ease into the industry,” says Jeffries, who has been business partners with Strader since the two started their own company specializing in residential real estate investment in 2007.

Jeffries also believes franchising is uniquely suited to the skill sets he has developed as a professional athlete.

April 18, 2012
Entrepreneur Lists Several Drycleaning Franchises Among Annual Top 500

IRVINE, Calif. — Martinizing Dry Cleaning first among drycleaning franchises on list

IRVINE, Calif. — Several drycleaning and laundry services franchises were recently recognized by Entrepreneur Magazineas being among the top 500 franchise systems for 2012.

Making this year’s list were:

  • Martinizing Dry Cleaning, No. 278
  • ZIPS Dry Cleaners, No. 325
  • FRSTeam, No. 333
  • Comet Cleaners, No. 346
  • Certified Restoration Drycleaning Network, No. 388
  • 1-800-DryClean, No. 427
  • DryClean USA, No. 461
  • Pressed4Time Inc., No. 481

To be eligible for the annual Franchise 500® ranking, a franchisor must have a minimum of 10 units, with at least one in the United States, and must be seeking new franchisees, the magazine says. All companies are judged on financial strength and stability, growth rate, size of the system, and other factors.

To learn more about the Franchise 500®, visit the Entrepreneur website.

May 19, 2011
Should You Renegotiate Your Lease?

CHICAGO — Let’s say, for the sake of argument, that you’re in the third year of a five-year lease. But times are tough. The economy in your area is down. Everyone is complaining. Many of your customers are still out of work.

The tenant next door moved out in the middle of the night. The anchor tenant at the end of the strip may be declaring bankruptcy. Is this a good time to approach the landlord to renegotiate your lease? You bet it is!

January 3, 2011
FRSTeam Moves Up in Franchise 500

HAYWARD, Calif. — Entrepreneur magazine has recognized FRSTeam in its 2010 Franchise 500 feature again, ranking the restoration company No. 307 on its list of top North American franchisers. FRSTeam came in at No. 499 in 2009.

May 25, 2010
ZIPS Dry Cleaners partners with Hot Dish Advertising

GREENBELT, Md. — ZIPS Dry Cleaners, a franchise with 26 East Coast locations, announced a new partnership with Hot Dish Advertising, an advertising agency specializing in the franchise industry.

March 16, 2010
FRSTeam's Fast Growth Attracts Attention

HAYWARD, Calif. — The nationwide restoration franchise FRSTeam (Fabric Restoration Service Team) has received multiple acknowledgements for its recent growth, including listings in Entrepreneur's Franchise 500 and Top 30 New Franchises, Franchise Times' Fast 55, and Franchise Business Review's 2010 Franchisee Satisfaction Awards.

January 26, 2010
Martinizing Dry Cleaning Makes Entrepreneur Franchise 500 for Fifth Year

LOVELAND, Ohio — Entrepreneur magazine has ranked Martinizing Dry Cleaning at No. 319 in its Franchise 500 and No. 1 in the field of franchised drycleaning and laundry services, according to the Jan. 2010 issue. This is the fifth consecutive year that Martinizing has made the list.

February 2, 2009
FRSTeam Makes Entrepreneur's Franchise 500, Top 50 New Franchises Lists

HAYWARD, Calif. — Fabric Restoration Service Team (FRSTeam) has been named to Entrepreneur magazine’s “Franchise 500” and “Top 50 New Franchises” for 2009.

The 30th annual Franchise 500 lists FRSTeam as No. 416 in terms of overall location and revenue growth among all of the qualified franchise businesses in the country. FRSTeam’s growth also earned it the rank of 35 in the publication’s list of the Top 50 new franchise businesses in the U.S.

February 19, 2008
‘Door-To-Door’ Launches Franchise Push

GREENWOOD VILLAGE, Colo. — A company known as Door-To-Door Dry Cleaning is launching a franchising push that includes a nationwide series of seminars focusing on start-up and conversion opportunities.

Based in Colorado, Door-To-Door Dry Cleaning claims to be one of the fastest-growing companies in the industry and is targeting rapid expansion through franchising. The company says it will begin serving six franchisees in the Denver metro area as soon as it opens a central plant this spring.

April 4, 2007
Martin Franchises Targets Major Expansion

LOVELAND, Ohio — Martin Franchises, parent company of Martinizing Dry Cleaning, is pursuing expansion in several metropolitan markets nationwide. The franchiser currently operates 620 stores in the U.S. and 15 countries worldwide.

April 4, 2007
Martin Franchises Targets Major Expansion

LOVELAND, Ohio — Martin Franchises, parent company of Martinizing Dry Cleaning, is pursuing expansion in several metropolitan markets nationwide. The franchiser currently operates 620 stores in the U.S. and 15 countries worldwide.