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Comet Cleaners
Comet Cleaners is a one-hour dry cleaning service. R.L. (Jack) Godfrey founded the original Comet Cleaners in 1960. Today, the family-run company, under the direction of Godfrey's son and grandson, has presence in the United States and Mexico providing one-hour dry cleaning services. Comet Cleaners currently has over 350 franchise locations in 18-states.
Facts & figures
The capital required to open a unit is $150,000. $150,000 is the minimum net worth required to open a location. A royalty payment of 5% is paid from unit owners back to the franchise. $93,000 is the minimum that Comet Cleaners expects its owners will need to invest in a new location. $890,000 is the most that Comet Cleaners expects its owners will need to invest in a new location. New franchisees can expect to pay a $15,000 franchise fee for the rights to open their own location. Comet Cleaners was established in 1947. The company began expanding via franchising in 1967. There is currently a total of 152 units in operation.
