FranchiseVerdict
CD ONE PRICE CLEANERS logo
FV-00481·STRONGExcellent91

Cd One Price Cleaners

Formerly known as Cleaners Depot

Cleaning - Commercial & JanitorialFranchising since 2005Website
Investment
$263K – $3.0M
91st pct Commercial & …
Avg revenue
$1.1M
46th pct Commercial & …
Royalty
6.5%
28th pct Commercial & …
Units
52
50th pct Commercial & …
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $263K – $3.0M including a $30K franchise fee, 6.5% ongoing royalty.
  • Average unit revenue of $1.1M/year (median $1.1M).
  • Rated STRONG with a risk score of 54/100. SBA loan default rate of 0.0% across 32 loans (below the industry average).
  • System growing at 36.8% CAGR over 3 years with 52 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
CLEANERS DEPOT FRANCHISE, LLC
Parent company
Cleaners Depot Franchise, LLC (No parent company)
Incorporated in
Nevada
HQ
One Mid America Plaza, Suite 125, Oakbrook Terrace, Illinois 60181
Auditor
Selden Fox
Audited financials
Franchisor revenue
$4.2M
vs $5.0M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one CD ONE PRICE CLEANERS unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,072,352
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $263K–$3.0M
Working capital
$
FDD reports $15K–$300K

Unlevered ROIC · per unit

6%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$102K
EBITDA margin
9.5%
Total invested
$1.8M
Payback
211 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 CD ONE PRICE CLEANERS units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$536K

on $2.7M purchase

Total debt

$2.1M

SBA $1.3M + senior + seller note

Overview

About

Franchisees operate dry cleaning retail locations offering standard cleaning services (garments, alterations, specialty items). Day-to-day operations include managing customer intake, quality control of cleaning/pressing, staff scheduling, inventory management of chemicals and supplies, and customer service at the point of sale.

CEO
Rafiq Karimi, Jr.
Founded
2005
FDD year
2025
States available
4

Item 7 · what it costs

The Vitals

Total investment
$263K – $3.0M
All-in to open one unit
Liquid capital
$15K – $300K
Cash you must have on hand
Franchise fee
$30K
Royalty
6.5%
Percentage of Gross Revenues · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
14.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.1M
Per unit, per year
Median gross sales
$1.1M
Item 19 type
Gross Revenue and Cost Percentages
Sample size
39 units
vs category median 32
Range (low → high)
$631K$2.4M
Cohort dispersion
Transparency
7 / 5
vs category median 4 / 5 · above
Revenue rank46th
vs Cleaning - Commercial & Janitorial peers
Investment cost rank91th
Lower investment ranks lower (better)
Royalty rate rank28th
Lower royalty = lower percentile (better)
Unit count rank50th
vs Cleaning - Commercial & Janitorial peers
Risk score rank47th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
52
Opened
12
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+30.0%
Net unit change last year
3-yr CAGR
+36.8%
Compounded over last 3 years
2023
52+12
Franchised units
2024
40
Franchised units
2025
38
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 12 · 4 states reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

4

states with franchisees (per FDD Item 12)

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
32
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

54
Risk · 0-100
STRONG54 / 100

Rapidly growing but financially opaque dry cleaning franchise with undisclosed profitability, concerning franchisor financial status, and extreme investment variability that obscures true unit economics.

Score breakdown · what drove the 54 / 100 rating

  1. 01MEDNet income not disclosed in Item 19 — impossible to validate profitability claims or ROI on $263k-$3M investment
  2. 02HIGHGoing Concern status is FALSE — indicates franchisor may have material financial or operational uncertainties
  3. 03MINORWide investment range ($263k-$3M spread) suggests high variability in unit economics and unclear cost structure
  4. 04MINOR30% YoY unit growth with only 52 total units indicates small, rapidly expanding system with execution risk
  5. 05MINOR6.5% royalty on $1.07M average revenue = $69.7k annual royalty burden reduces franchisee net margins significantly

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Illinois

Item 11

Training & Operations

Classroom training
55 hrs
On-the-job training
149 hrs
POS system
Order Processing System (Powered by Scamper)
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

38 numbers

Locked
(708) 444-••••
IL
(708) 283-••••
IL
(847) 964-••••
IL

One-time purchase · CSV download · Validation questions included

FDD download

CD ONE PRICE CLEANERS · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above