Start-Up Costs and Fees |
||
| Restoration DryCleaning | The Eco Laundry Company | |
| Investment | 37400 - 222000 | 229700 - 350000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | Up to 2% | |
| Year Founded | 1992 | 2010 |
| Year Franchised | 2001 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Restoration DryCleaning | The Eco Laundry Company | |
| Experience | ||
Financing Options |
||
| Restoration DryCleaning | The Eco Laundry Company | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Restoration DryCleaning | The Eco Laundry Company | |
| Training | 2 weeks at Eco Laundry Lab & 1 week onsite | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | |
| Marketing | Co-op advertising, Regional advertising | |
| Operations | 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 |
||
| Restoration DryCleaning | The Eco Laundry Company | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Restoration DryCleaning | |
| The Eco Laundry Company | |
| Franchise Fee | |
| Restoration DryCleaning | |
| The Eco Laundry Company | |
| Royalty Fee | |
| Restoration DryCleaning | 6% |
| The Eco Laundry Company | 6% |
| Advertising Fee | |
| Restoration DryCleaning | |
| The Eco Laundry Company | Up to 2% |
| Year Founded | |
| Restoration DryCleaning | 1992 |
| The Eco Laundry Company | 2010 |
| Year Franchised | |
| Restoration DryCleaning | 2001 |
| The Eco Laundry Company | 2015 |
| Term Of Agreement | |
| Restoration DryCleaning | 10 years |
| The Eco Laundry Company | |
| Renewal Fee | |
| Restoration DryCleaning | 20% initial franchise fee |
| The Eco Laundry Company | |
Business Experience Requirements |
|
| Experience | |
| Restoration DryCleaning | |
| The Eco Laundry Company | |
Financing Options |
|
| Franchise Fees | |
| Restoration DryCleaning | Yes |
| The Eco Laundry Company | Yes |
| Start-up Costs | |
| Restoration DryCleaning | |
| The Eco Laundry Company | |
| Equipment | |
| Restoration DryCleaning} | |
| The Eco Laundry Company | |
| Inventory | |
| Restoration DryCleaning | |
| The Eco Laundry Company | |
| Receivables | |
| Restoration DryCleaning | |
| The Eco Laundry Company | |
| Payroll | |
| Restoration DryCleaning | |
| The Eco Laundry Company | |
Training & Support |
|
| Training | |
| Restoration DryCleaning | |
| The Eco Laundry Company | 2 weeks at Eco Laundry Lab & 1 week onsite |
| Support | |
| Restoration DryCleaning | Newsletter, Meetings, Toll-free phone line, Internet |
| The Eco Laundry Company | |
| Marketing | |
| Restoration DryCleaning | Co-op advertising, Regional advertising |
| The Eco Laundry Company | |
| Operations | |
| 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) |
| The Eco Laundry Company | |
Expansion Plans |
|
| US Expansion | |
| Restoration DryCleaning | |
| The Eco Laundry Company | |
| Canada Expansion | |
| Restoration DryCleaning | |
| The Eco Laundry Company | |
| International Expansion | |
| Restoration DryCleaning | |
| The Eco Laundry Company | |