4/10

Franchimp Summary Rating

4 /10
Investment Accessibility
Higher than 64% of peers

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Comet Cleaners and Laundry Franchisees

Comet Cleaners and Laundry Franchise System Development in 2016

Historical Comet Cleaners and Laundry System Growth

FAQ

How much investment do I need to start my own Comet Cleaners and Laundry business?
Franchisees typically require at least $511,500 to $864,250 investment to get their Comet Cleaners and Laundry business started
What are the initial franchise fees for Comet Cleaners and Laundry?
Franchisees typically need to pay at least $10,000 in fees directly to Comet Cleaners and Laundry in order to earn the right to launch their business
How much money can I make with a Comet Cleaners and Laundry franchise? What are the average revenues for a typical Comet Cleaners and Laundry business?
We haven’t done the math on how much revenue a typical Comet Cleaners and Laundry brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect Comet Cleaners and Laundry to generate a similar amount
How long do I need to commit to running a Comet Cleaners and Laundry unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

4 /10
The Franchisor's investment costs ranges from $258,100 to $480,500 which is Much Higher than the $0 to $0 average in the Services-General industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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