Start-Up Costs and Fees |
||
| Comet Cleaners | Restoration DryCleaning | |
| Investment | 79000 - 624000 | 37400 - 222000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 0 | 6% |
| Advertising Fee | ||
| Year Founded | 1947 | 1992 |
| Year Franchised | 1967 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Comet Cleaners | Restoration DryCleaning | |
| Experience | General business experience | |
Financing Options |
||
| Comet Cleaners | Restoration DryCleaning | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Comet Cleaners | Restoration DryCleaning | |
| Training | ||
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet |
| Marketing | Co-op advertising, Ad slicks | Co-op advertising, Regional advertising |
| Operations | Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | 18% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Comet Cleaners | Restoration DryCleaning | |
| US Expansion | Arkansas, Arizona, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Missouri, New Mexico, Nevada, Ohio, Oklahoma, Tennessee, Texas, Utah, | |
| Canada Expansion | ||
| International Expansion | Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Comet Cleaners | |
| Restoration DryCleaning | |
| Franchise Fee | |
| Comet Cleaners | |
| Restoration DryCleaning | |
| Royalty Fee | |
| Comet Cleaners | 0 |
| Restoration DryCleaning | 6% |
| Advertising Fee | |
| Comet Cleaners | |
| Restoration DryCleaning | |
| Year Founded | |
| Comet Cleaners | 1947 |
| Restoration DryCleaning | 1992 |
| Year Franchised | |
| Comet Cleaners | 1967 |
| Restoration DryCleaning | 2001 |
| Term Of Agreement | |
| Comet Cleaners | 5 years |
| Restoration DryCleaning | 10 years |
| Renewal Fee | |
| Comet Cleaners | |
| Restoration DryCleaning | 20% initial franchise fee |
Business Experience Requirements |
|
| Experience | |
| Comet Cleaners | General business experience |
| Restoration DryCleaning | |
Financing Options |
|
| Franchise Fees | |
| Comet Cleaners | No |
| Restoration DryCleaning | No |
| Start-up Costs | |
| Comet Cleaners | |
| Restoration DryCleaning | |
| Equipment | |
| Comet Cleaners} | |
| Restoration DryCleaning | |
| Inventory | |
| Comet Cleaners | |
| Restoration DryCleaning | |
| Receivables | |
| Comet Cleaners | |
| Restoration DryCleaning | |
| Payroll | |
| Comet Cleaners | |
| Restoration DryCleaning | |
Training & Support |
|
| Training | |
| Comet Cleaners | |
| Restoration DryCleaning | |
| Support | |
| Comet Cleaners | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Restoration DryCleaning | Newsletter, Meetings, Toll-free phone line, Internet |
| Marketing | |
| Comet Cleaners | Co-op advertising, Ad slicks |
| Restoration DryCleaning | Co-op advertising, Regional advertising |
| Operations | |
| Comet Cleaners | Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
| Restoration DryCleaning | 18% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Comet Cleaners | Arkansas, Arizona, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Missouri, New Mexico, Nevada, Ohio, Oklahoma, Tennessee, Texas, Utah, |
| Restoration DryCleaning | |
| Canada Expansion | |
| Comet Cleaners | |
| Restoration DryCleaning | |
| International Expansion | |
| Comet Cleaners | Mexico, |
| Restoration DryCleaning | |