Start-Up Costs and Fees |
||
| Comet Cleaners | The Eco Laundry Company | |
| Investment | 79000 - 624000 | 229700 - 350000 |
| Franchise Fee | 0 | |
| Royalty Fee | 0 | 6% |
| Advertising Fee | Up to 2% | |
| Year Founded | 1947 | 2010 |
| Year Franchised | 1967 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Comet Cleaners | The Eco Laundry Company | |
| Experience | General business experience | |
Financing Options |
||
| Comet Cleaners | The Eco Laundry Company | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Comet Cleaners | The Eco Laundry Company | |
| Training | 2 weeks at Eco Laundry Lab & 1 week onsite | |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Comet Cleaners | The Eco Laundry Company | |
| 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 | |
| The Eco Laundry Company | |
| Franchise Fee | |
| Comet Cleaners | |
| The Eco Laundry Company | |
| Royalty Fee | |
| Comet Cleaners | 0 |
| The Eco Laundry Company | 6% |
| Advertising Fee | |
| Comet Cleaners | |
| The Eco Laundry Company | Up to 2% |
| Year Founded | |
| Comet Cleaners | 1947 |
| The Eco Laundry Company | 2010 |
| Year Franchised | |
| Comet Cleaners | 1967 |
| The Eco Laundry Company | 2015 |
| Term Of Agreement | |
| Comet Cleaners | 5 years |
| The Eco Laundry Company | |
| Renewal Fee | |
| Comet Cleaners | |
| The Eco Laundry Company | |
Business Experience Requirements |
|
| Experience | |
| Comet Cleaners | General business experience |
| The Eco Laundry Company | |
Financing Options |
|
| Franchise Fees | |
| Comet Cleaners | No |
| The Eco Laundry Company | No |
| Start-up Costs | |
| Comet Cleaners | |
| The Eco Laundry Company | |
| Equipment | |
| Comet Cleaners} | |
| The Eco Laundry Company | |
| Inventory | |
| Comet Cleaners | |
| The Eco Laundry Company | |
| Receivables | |
| Comet Cleaners | |
| The Eco Laundry Company | |
| Payroll | |
| Comet Cleaners | |
| The Eco Laundry Company | |
Training & Support |
|
| Training | |
| Comet Cleaners | |
| The Eco Laundry Company | 2 weeks at Eco Laundry Lab & 1 week onsite |
| Support | |
| Comet Cleaners | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| The Eco Laundry Company | |
| Marketing | |
| Comet Cleaners | Co-op advertising, Ad slicks |
| The Eco Laundry Company | |
| 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) |
| The Eco Laundry Company | |
Expansion Plans |
|
| US Expansion | |
| Comet Cleaners | Arkansas, Arizona, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Missouri, New Mexico, Nevada, Ohio, Oklahoma, Tennessee, Texas, Utah, |
| The Eco Laundry Company | |
| Canada Expansion | |
| Comet Cleaners | |
| The Eco Laundry Company | |
| International Expansion | |
| Comet Cleaners | Mexico, |
| The Eco Laundry Company | |