Pressto plans expansion via franchising

Pressto, a Spanish laundry firm, is all set to expand its stores in India. Pressto Dry Cleaning and Laundry Pvt. Ltd owned by Radha Kapoor, is the master franchisee for Pressto in India. The company plans to have 15 stores by this fiscal year end and plan to open100 stores by 2015 pan India. The company has not yet finalised its franchise model, but intends to take sub franchise route for expansion of the new stores. These new stores will be opened at the key locations in Mumbai and New Delhi. The company already has 11 operational stores out of which eight are in Mumbai and three are in New Delhi. Pressto presently, has 700 stores spread across 22 countries.