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Rates
Cd One Price Cleaners

Cd One Price Cleaners

Franchising since 2017 · 52 locations

The total investment to open a Cd One Price Cleaners franchise ranges from $15,000 - $3.0M. The initial franchise fee is $30,000. Ongoing royalties are 6.5% plus a 3% advertising fee. Cd One Price Cleaners currently operates 52 locations (52 franchised). PeerSense FPI health score: 49/100. Data sourced from the 2026 Franchise Disclosure Document.

Investment

$15,000 - $3.0M

Franchise Fee

$30,000

Total Units

52

52 franchised

FPI Score
High
49

Proprietary PeerSense metric

Fair
Capital Partners
12lenders available

Active capital sources verified for Cd One Price Cleaners financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Established (25-99 loans)

High Confidence
49out of 100
Fair

SBA Lending Performance

SBA Default Rate

0.0%

0 of 28 loans charged off

SBA Loans

28

Total Volume

$21.2M

Active Lenders

12

States

3

What is the Cd One Price Cleaners franchise?

For the discerning investor evaluating a franchise opportunity in the essential services sector, the critical challenge lies in identifying a brand with a proven model, robust growth trajectory, and transparent operational framework that mitigates the inherent risks of capital deployment. The dry cleaning and laundry services industry, a bedrock of consumer convenience and professional necessity, presents a diverse landscape, yet discerning the truly scalable and resilient models requires rigorous, data-driven analysis. Cd One Price Cleaners, with its distinctive "one-price" garment care concept, positions itself within this vital market, offering a compelling proposition for those seeking to invest in a service that consistently meets consumer demand for efficiency and value. This independent analysis, devoid of promotional bias, delves into the factual underpinnings of the Cd One Price Cleaners franchise opportunity, providing the granular detail necessary for informed due diligence.

The foundational concept for the Cd One Price Cleaners franchise opportunity emerged from nearly three decades of direct industry experience by its visionary founders, who first entered the dry cleaning sector in 1984 in Houston, Texas. This extensive operational background culminated in their strategic relocation to the dynamic Chicago metropolitan area in 2001, where they launched their pioneering new business, initially named Cleaners Depot, which forms the "CD" in the current brand identity. While official records from Entrepreneur.com indicate a founding year of 2000 for the core enterprise, the strategic pivot to the Chicago market in 2001 marked the genesis of the distinct business model that would evolve into Cd One Price Cleaners, establishing a new paradigm in garment care services. The company is currently headquartered in Westchester, IL, though some corporate addresses are also cited as Oakbrook Terrace, IL, with the ultimate parent entity being Cleaners Depot LLC. The leadership team is spearheaded by co-founder and CEO Rafiq Karimi, Jr., alongside co-founder Rafiq Karimi, Senior, and includes key executives such as Tom Ryan, VP of Franchise Development; Daniel Fitzgerald, Director of Operations; Khairunissa K. (Nisha), Chief Customer Officer; and Jonathon Reckles, serving as either VP Marketing or Director of Marketing. This executive team, managing finance, store operations, franchise development, real estate, construction, and marketing, comprised 102 employees at its headquarters as of July 1, 2024, underscoring a substantial corporate infrastructure. The Cd One Price Cleaners franchise program was introduced in 2006, although alternative sources like Entrepreneur.com suggest 2005, and franchiserankings.com indicates as early as 2001, highlighting a sustained commitment to franchising across varying timelines. The brand distinguishes itself with a straightforward "one-price" concept for all men's and women's garments, complemented by a fast turnaround service, which has solidified its position as a market leader within the competitive Chicagoland area. Currently, the system has grown to "40+ stores across four states in the Midwest" over a 15-year period, with specific database figures indicating 18 total units and 23 franchised units, alongside 0 company-owned units, suggesting a predominantly franchised model. This robust footprint across Illinois, Indiana, and Missouri, with expansion into Minneapolis and St. Louis, demonstrates a growing regional dominance within the broader dry cleaning and laundry services market, which remains a critical component of household and professional routines nationwide.

The dry cleaning and laundry services industry, encompassing the category of Drycleaning and Laundry Services (except Coin-Operated), represents a substantial and remarkably resilient segment of the consumer services economy, driven by an enduring demand for professional garment care and convenience. While specific current total addressable market size figures for this precise category are not provided, the consistent need for clean, well-maintained clothing for professional, social, and personal use ensures a stable and recurring revenue stream for operators. Key consumer trends are continually driving demand within this sector; the increasing prevalence of dual-income households and demanding professional careers means less time for domestic tasks, thereby elevating the value proposition of outsourced laundry and dry cleaning services. Furthermore, a heightened focus on personal appearance in a competitive professional landscape, coupled with the growing popularity of specialized fabrics and delicate garments that require expert care beyond home washing capabilities, contributes significantly to market demand. The secular tailwinds benefiting a brand like Cd One Price Cleaners include the ongoing urbanization of populations, which places convenience at a premium, and the inherent need for specialized services that protect the investment consumers make in their wardrobes. The industry attracts franchise investment due to its essential service nature, often localized customer base, and potential for repeat business, which can foster predictable cash flows. Competitive dynamics within the dry cleaning industry are traditionally fragmented, characterized by numerous independent operators serving local communities. However, brands like Cd One Price Cleaners, with its standardized "one-price" model and regional expansion, are actively working towards consolidation and market leadership by offering a consistent, value-driven proposition that differentiates them from smaller, often less technologically advanced, competitors. Macro forces such as the continued demand for convenience, the professionalization of the workforce, and the increasing complexity of garment care create sustained opportunities for well-managed and strategically positioned franchise systems within this critical service sector.

Investing in a Cd One Price Cleaners franchise represents a significant capital commitment, positioning it as a premium-tier opportunity within the franchise landscape. The initial franchise fee is $30,000, although some historical sources indicate a fee of $20,000, suggesting a potential increase reflecting brand value and market conditions over time. This fee is a foundational component of the overall Cd One Price Cleaners franchise cost, granting the franchisee the right to operate under the brand's established system and access its proprietary knowledge. The total initial investment range for a Cd One Price Cleaners franchise exhibits considerable variation across different reporting periods and sources, underscoring the importance of reviewing the most current Franchise Disclosure Document. The investment can start with at least $1,000,000, reflecting the comprehensive nature of establishing a full-service dry cleaning facility. More specific figures from a 2017 FDD detailed a range of $810,750 to $989,450, while other estimates place the total initial investment between $615,000 and $830,000, inclusive of working capital. In most contemporary cases, the expected cost to open a single store is anticipated to range from $650,000 to $700,000, providing a more focused estimate for prospective franchisees. Additionally, franchiserankings.com cited total investments between $725,000 and $775,000. PeerSense's internal franchise data further indicates an initial investment range from a low of $327,960 to a high of $1.20 million, demonstrating the broad spectrum of potential startup costs depending on factors such as location, facility size, equipment requirements, and specific market build-out versus potential conversion scenarios. This wide range emphasizes that the Cd One Price Cleaners franchise investment is substantial and requires robust financial planning. Beyond the initial setup, franchisees are subject to ongoing fees designed to support brand development and operational continuity. A base royalty fee of 6.5% of gross revenues is standard, with an attractive incentive for franchisees to earn a Royalty Rebate that could reduce the fee to 5.5%, rewarding strong performance and adherence to system standards. Historical data also references an older royalty rate of 4%, indicating an evolution in the brand's fee structure as it has matured and expanded. In addition to royalties, franchise owners contribute 3% of gross revenues to a dedicated brand marketing fund, which fuels system-wide advertising and promotional activities, enhancing brand visibility and driving customer traffic. A specific requirement for grand opening advertising mandates that franchisees spend $10,000 to $15,000 per location during the crucial launch phase of their business, ensuring a strong market entry. The cumulative effect of these fees positions Cd One Price Cleaners as a significant financial undertaking, requiring careful consideration of the total cost of ownership against potential returns within the dry cleaning sector.

The operating model of a Cd One Price Cleaners franchise is meticulously designed around its core value proposition: a "one-price" concept for all men's and women's garments, coupled with a commitment to fast turnaround times, which directly addresses key consumer pain points in the dry cleaning market. Daily operations for a franchisee involve managing the intake, processing, and return of garments, ensuring strict adherence to quality standards and the brand's signature efficiency. While specific staffing requirements and the precise labor model are not explicitly detailed, the emphasis on fast turnaround implies a need for a well-trained, efficient team capable of handling high volumes of garments with precision and speed. The absence of specified format options such as drive-thru, inline, or kiosk suggests a standard, full-service storefront model optimized for customer convenience and operational flow. However, the brand has demonstrated adaptability by introducing pickup and delivery services beginning in 2017, with plans for significant expansion of these services by late 2025, indicating a forward-thinking approach to evolving consumer preferences and convenience demands. Corporate support for Cd One Price Cleaners franchisees is robust, guided by an experienced executive team. The CEO directly oversees a team that manages critical functions including finance, store operations, franchise development, real estate, construction, and marketing, providing a comprehensive framework for franchisee success. Key personnel like Tom Ryan, VP of Franchise Development, and Daniel Fitzgerald, Director of Operations, are instrumental in guiding new franchisees through the establishment phase and providing ongoing operational assistance. Khairunissa K. (Nisha), Chief Customer Officer, and Jonathon Reckles, VP or Director of Marketing, contribute to brand consistency and customer engagement strategies, which are vital for local market penetration. While specific details on training program duration, location, or hands-on hours are not provided, the presence of a dedicated Director of Operations and Chief Customer Officer implies structured training and continuous support to maintain operational excellence and customer satisfaction. The franchise system emphasizes locally owned and operated locations, suggesting a model where franchisees are actively involved in the day-to-day management, fostering strong community ties. While territory structure and exclusivity details are not provided, the strategic expansion plans across the Midwest, including specific market growth in Chicagoland, indicate a thoughtful approach to market saturation and franchisee protection within designated areas. The significant initial investment and operational complexity suggest that Cd One Price Cleaners is primarily suited for an owner-operator model, or at minimum, for franchisees with strong management capabilities capable of overseeing a dedicated on-site management team.

A critical aspect of evaluating any franchise opportunity is understanding its financial performance. For Cd One Price Cleaners, it is imperative to note that Item 19 financial performance data, which typically provides detailed insights into unit-level revenues and expenses, is not disclosed in the current Franchise Disclosure Document. This means prospective franchisees do not have access to average revenue figures, median revenue, or top/bottom quartile performance data directly from the FDD to analyze potential owner earnings or profit margins. In the absence of Item 19 disclosure, investors must pivot to other indicators to assess the potential for unit-level performance and the overall health of the franchise system. One strong signal is the brand's consistent growth trajectory and expansion plans. Cd One Price Cleaners has grown to "40+ stores across four states in the Midwest" over a 15-year period, demonstrating sustained expansion and presumably, franchisee satisfaction and viability that supports further investment. As of June 2022, the company operated 35 locally owned and operated franchise locations within the Chicago market alone. Furthermore, the company announced ambitious plans to significantly expand its Chicago footprint by adding ten new stores and enhancing pickup & delivery services by late 2025, which would bring the total number of storefronts to 45 across Illinois. This planned growth, which began with the opening of three new locations in 2022, is a robust indicator of corporate confidence in the unit economics and market demand. Recent openings further illustrate this momentum: a new store in Lake Zurich, Illinois, in Fall 2022, became the 36th location in the Chicagoland area; a new store in Aurora, Illinois, in Summer 2023, marked the 38th location; and another new store in Oak Lawn, Illinois, also in Summer 2023, was identified as the 39th location in the Chicagoland area, preceded by an opening in Homewood, IL. These sequential unit additions strongly suggest that existing franchisees are performing well enough to attract new investment and support continued system growth. While specific revenue figures are unavailable, the company's established presence as a "market leader in Chicagoland" implies competitive unit-level performance within its operating markets. The FPI Score for Cd One Price Cleaners is 49, categorized as "Fair," which typically indicates a moderate level of risk or performance within the PeerSense evaluation framework. A "Fair" score suggests that while the opportunity is viable, investors should conduct thorough due diligence, focusing on all available qualitative and quantitative data points, including the growth trajectory and market positioning, to form a comprehensive understanding of the investment potential. The consistent expansion and the strategic focus on convenience-driven services like pickup and delivery further imply a healthy underlying business model that appeals to both consumers and franchise investors, even without explicit Item 19 disclosures.

The growth trajectory of Cd One Price Cleaners exhibits a clear pattern of strategic expansion and market penetration, particularly within the Midwest. The system has expanded to "40+ stores across four states in the Midwest" over a period of 15 years, demonstrating a sustained and deliberate growth strategy. As of June 2022, the brand operated 35 locally owned and operated franchise locations exclusively within the Chicago market. Building on this established base, Cd One Price Cleaners announced significant expansion plans in June 2022, aiming to add ten new stores and expand its pickup & delivery services by late 2025, which would increase the total number of storefronts to 45 across Illinois. This forward-looking plan includes specific milestones, with the first three new locations slated for opening in 2022. Recent corporate developments confirm this growth momentum: a new store opened in Lake Zurich, Illinois, in Fall 2022, becoming the 36th location in the Chicagoland area. This was followed by a new store opening in Aurora, Illinois, in Summer 2023, which marked the 38th location in the Chicagoland area, and another new store in Oak Lawn, Illinois, also in Summer 2023, designated as the 39th Chicagoland location, with an additional opening in Homewood, IL, prior to the Oak Lawn store. These consistent net new unit additions underscore a healthy and active franchise development pipeline. The competitive moat for Cd One Price Cleaners is primarily built upon its innovative "one-price" concept for all men's and women's garments, which simplifies consumer choice and provides clear value, differentiating it from traditional dry cleaners that often employ complex pricing structures. This, coupled with a commitment to fast turnaround times, has established the brand as a market leader in Chicagoland. The founders' nearly 30 years of industry experience prior to launching Cd One Price Cleaners provides a deep well of operational expertise and market understanding that translates into efficient systems and a strong brand identity. The brand's adaptation to current market conditions is evident in its embrace of digital transformation through the integration and expansion of pickup and delivery services, which began in 2017 and are slated for further growth by late 2025. This focus on convenience aligns with evolving consumer expectations and broadens the brand's accessibility, creating an additional revenue stream and enhancing customer loyalty in an increasingly digital-first service economy.

The ideal franchisee for a Cd One Price Cleaners franchise opportunity is typically an individual or group with a strong operational and management background, capable of overseeing a complex service business with a significant investment. While specific required experience is not explicitly stated, the nature of the dry cleaning industry and the need for consistent, high-quality service delivery implies a preference for candidates who possess robust organizational skills, a customer-centric approach, and the capacity for effective team leadership. Given the "locally owned and operated" model, an owner-operator or a franchisee committed to hands-on management is likely to thrive. The substantial initial investment also suggests a candidate with a strong financial profile and access to significant capital. Multi-unit expectations or requirements are not detailed, but the brand's aggressive growth plans and established presence across multiple states suggest an openness to, and likely encouragement of, multi-unit development by qualified franchisees seeking to expand their portfolios within defined territories. Available territories for Cd One Price Cleaners primarily focus on the Midwest region of the United States, specifically within Illinois, Indiana, and Missouri, with strategic expansion into key metropolitan areas such as Minneapolis and St. Louis. The brand has a concentrated growth strategy within Chicagoland, with plans to reach 45 stores across Illinois by late 2025, indicating that this market, where the brand is a recognized leader, continues to be a high-priority area for development. While specific market performance metrics are not provided, the focus on expanding within and around established strongholds like Chicagoland suggests these markets perform exceptionally well for the brand. The timeline from signing a franchise agreement to the grand opening of a Cd One Price Cleaners location is not specified, but the significant build-out costs and operational setup imply a methodical process involving real estate acquisition, construction, equipment installation, and comprehensive training. The franchise agreement term length is not available, which is a key detail for long-term planning, and information regarding renewal terms, transfer, and resale considerations is also not provided in the available data.

For investors meticulously evaluating franchise opportunities, the Cd One Price Cleaners franchise presents a compelling thesis rooted in a proven service model within an essential industry, underpinned by a clear growth trajectory. The "one-price" concept, coupled with a focus on fast turnaround and expanding pickup and delivery services, positions the brand strategically within the dry cleaning and laundry services market, addressing contemporary consumer demands for value and convenience. With a history originating from nearly 30 years of industry experience by its founders and a current footprint of "40+ stores across four states in the Midwest," the brand demonstrates established operational expertise and a capacity for sustained expansion. The significant initial investment, ranging from a low of $327,960 to a high of $1.20 million, and ongoing royalty fees, including a 6.5% base royalty with a potential reduction to 5.5% through a rebate, alongside a 3% advertising fund contribution, underscores a premium-tier investment. While Item 19 financial performance data is not disclosed, the consistent unit growth, including plans for 10 new stores in Illinois by late 2025 to reach 45 locations, and recent openings in strategic markets like Lake Zurich, Aurora, and Oak Lawn, signals a healthy system and confidence in unit-level viability. The FPI Score of 49 (Fair) suggests a viable opportunity that warrants thorough due diligence, focusing on the brand's strong market positioning, operational efficiencies, and adaptive service offerings. This opportunity is framed within a broader industry context that continues to be driven by consumer needs for professional garment care and time-saving solutions. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Cd One Price Cleaners franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

49/100

SBA Default Rate

0.0%

Active Lenders

12

Key Highlights

Low SBA default rate (0.0%)
Item 19 financial data disclosed

Data Insights

Key performance metrics for Cd One Price Cleaners based on SBA lending data

SBA Default Rate

0.0%

0 of 28 loans charged off

SBA Loan Volume

28 loans

Across 12 lenders

Lender Diversity

12 lenders

Avg 2.3 loans per lender

Investment Tier

Premium investment

$15,000 – $2,997,650 total

Payment Estimator

Loan Amount$12K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$155

Principal & Interest only

Locations

Cd One Price Cleanersunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Cd One Price Cleaners