Start-Up Costs and Fees |
||
| The Eco Laundry Company | Offline 1-800-DryClean | |
| Investment | 229700 - 350000 | 59900 - 78950 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 7% |
| Advertising Fee | Up to 2% | |
| Year Founded | 2010 | 1997 |
| Year Franchised | 2015 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Eco Laundry Company | Offline 1-800-DryClean | |
| Experience | General business experience Marketing skills Good interpersonal skills, management background helpful | |
Financing Options |
||
| The Eco Laundry Company | Offline 1-800-DryClean | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Eco Laundry Company | Offline 1-800-DryClean | |
| Training | 2 weeks at Eco Laundry Lab & 1 week onsite | 4-6 weeks pre-training via telephone |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | ||
| Operations | Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| The Eco Laundry Company | Offline 1-800-DryClean | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |
| Franchise Fee | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |
| Royalty Fee | |
| The Eco Laundry Company | 6% |
| Offline 1-800-DryClean | 7% |
| Advertising Fee | |
| The Eco Laundry Company | Up to 2% |
| Offline 1-800-DryClean | |
| Year Founded | |
| The Eco Laundry Company | 2010 |
| Offline 1-800-DryClean | 1997 |
| Year Franchised | |
| The Eco Laundry Company | 2015 |
| Offline 1-800-DryClean | 2000 |
| Term Of Agreement | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | 10 years |
| Renewal Fee | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |
Business Experience Requirements |
|
| Experience | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | General business experience Marketing skills Good interpersonal skills, management background helpful |
Financing Options |
|
| Franchise Fees | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |
| Start-up Costs | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |
| Equipment | |
| The Eco Laundry Company} | |
| Offline 1-800-DryClean | |
| Inventory | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |
| Receivables | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |
| Payroll | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |
Training & Support |
|
| Training | |
| The Eco Laundry Company | 2 weeks at Eco Laundry Lab & 1 week onsite |
| Offline 1-800-DryClean | 4-6 weeks pre-training via telephone |
| Support | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |
| Operations | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |
| Canada Expansion | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |
| International Expansion | |
| The Eco Laundry Company | |
| Offline 1-800-DryClean | |