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Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
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  • Telangana
Press2 Dry cleaning & Laundry Pvt Ltd.

Press2 Dry cleaning & Laundry Pvt Ltd.

Category: Laundry And Dry Cleaning
No. of Franchise Outlets: 20-50
Area Req: 300 - 900 Sq.ft
Investment: Rs. 1 Cr. - Rs. 2 Cr
Business Details

About Pressto

Press2 Drycleaning and Laundry Pvt Ltd (Press2 India) has exclusive rights to establish and operate “Pressto” in India through a Master Franchise Agreement. The promoter shareholders of the Company are Doit Creations Pvt Ltd and ELYM Pte Ltd. ASK Pravi Equity Opportunities Fund invested in 2014 and joined the Board.

With over 40 exclusive retail stores across Mumbai and Delhi-NCR and having served to over 1,50,000 customers with the experience of cleaning well over 60,00,000 items, Pressto is the trendsetter and market leader in the industry.

The wardrobe care and dry cleaning services offered by Pressto is a unique boutique concept whereby each item goes through a tailor made and individual care and cleaning process in the retail store itself. A well trained team of specialists under the leadership of a store manager is responsible for the daily operations and works according to defined manuals and standard operating procedures.

Territory Master Franchisee in Pune

Based on the success of Pressto India and its ambition to expand rapidly, Pressto India[1] offers the opportunity to enter into a Territory Master Franchisee Agreement giving the exclusive right to establish and operate the Pressto Brand in a defined geographic area.


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Press2 Dry cleaning & Laundry Pvt Ltd. Investment Details

Commenced Dates
Date Commenced Operations
2016
Date Commenced Frachising / Distribution
2016
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 1 Cr. - 2 Cr
Master / Multi Units
Area
Investment
Unit/Brand Fee
Master/Brand Fee
Royalty/Commission
City Wise
Rs. 1 Cr. - 2 Cr
60 lac
7%
Expansion Locations
North
 
South
 
East
 
West
Maharashtra 
Center
 
Union Territories
 
Franchise Details (Optional)
Want to expand
Nationwide
Exclusive territorial rights to a unit
Yes
Performance guarantee to unit franchisee
No
Anticipated percentage return on investment
50
Likely pay back period of capital for a unit franchise
Other investment requirements
No

Press2 Dry cleaning & Laundry Pvt Ltd. Property Details

Type of property required for this franchise opportunity
Commercial
Floor area requirement
300 - 900 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet
commercial

Press2 Dry cleaning & Laundry Pvt Ltd. Training Details

Detailed operating manuals for franchisees
Yes
Where is franchisee training provided?
Mumbai
Is field assistance available for franchisee?
Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise?
Yes
What IT systems do you presently have that will be included in the franchise?
Yes

Press2 Dry cleaning & Laundry Pvt Ltd. Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
10 years
Is the term renewable?
Yes
Dec, 06 2016

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