Nu-Look 1 Hr. Cleaners Franchise

Dry cleaning

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Nu-Look 1Hr Cleaners has been franchising in the United States since 1967 and started international licensing in 1995. We are seeking qualified potential partners who share our vision in expanding our reach. Franchised businesses are one of the best ways for people to enter into the dry cleaning industry. From real estate site selection and continuous operations support, we are ready to assist you in making your Nu-Look 1Hr Cleaners a success. Nu-Look 1Hr Cleaners has a proven business model that has lead many to success for decades. We hope we can be a resource center for all your needs, both before you become a franchisee/licensee and after.

ABC INC

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Nu-Look 1 Hr. Cleaners, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Nu-Look 1 Hr. Cleaners website.

How much does it cost to open a Nu-Look 1 Hr. Cleaners Franchise ?

The investment required to open a Nu-Look 1 Hr. Cleaners Franchise is between $221,500 - $1,218,500 . There is an initial franchise fee of $20,000 which grants you the license to run a business under the Nu-Look 1 Hr. Cleaners name.

Individual Franchise Costs

  • Initial Investment:
    $221,500 -
  • Initial Franchise Fee:
    $20,000
  • Royalty Fee:
    2%
  • Term of Agreement:
    20 years

Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Third Party Financing Source(s):
the SBA, leasing, banks

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks, Regional advertising

Nu-Look 1 Hr. Cleaners Growth History

When did the first Nu-Look 1 Hr. Cleaners open? 1967
When did Nu-Look 1 Hr. Cleaners start Franchising ? 1967

Year U.S.A. Canada International Corporate
2003 48 0 12 0
2002 26 0 10 0
2001 0 0 0 0
2000 48 0 10 2
1999 50 0 8 2

International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

General business experience


How much does a Nu-Look 1 Hr. Cleaners Franchise owner make?

How much money you could make as a Nu-Look 1 Hr. Cleaners Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Nu-Look 1 Hr. Cleaners Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$20,000 - $1,218,500
Initial Franchise Fee
$20,000
Royalty Fee
2%
Term of Agreement
20 years
Nu-Look 1 Hr. Cleaners Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Nu-Look 1 Hr. Cleaners and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Nu-Look 1 Hr. Cleaners franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.