ZIPS Dry Cleaners – an aggressively expanding dry cleaning franchise known for its same-day, one-price business model – has signed a franchise agreement for eight stores to be opened in the Charlotte, North Carolina market.
The development deal has been signed with Visesh and Vishal Velagapudi. Vishal has over 10 years of experience in the restaurant business and plans on using his knowledge to help grow the brand’s presence throughout the Southeast markets. Visesh spent the early years of his career as the Director of Pharmacy for a national health institute. Now he focuses his time sharing his love of real estate investing with a real estate partnership in the Charlotte area.
ZIPS Dry Cleaners’ business model is based on a simple concept – dry cleaning that is ready for pick-up the same day it’s dropped off for a flat-rate price of $2.49 per item. It doesn’t matter if the item is a necktie, a coat, or a pair of pants; the price is $2.49, 60% less than the local and national average.
The expansion announcement comes at a time when ZIPS Dry Cleaners continues to rapidly expand its national footprint. Today, ZIPS has 68 locations open and operating throughout 10 states and Washington, D.C. The company also has a total active franchise pipeline that stands at more than 250 stores, all of which are slated to open over the next several years.