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.