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Below is an in-depth analysis and side-by-side comparison of Restoration DryCleaning vs Spectrum Towels and Scrubs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $37,400 - $222,000 | $100 - $100,000 |
Franchise Fee | $29,000 - $44,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1992 | - |
Year Franchised | 2001 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 20% initial franchise fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Join the Team that Leads the Textile Restoration Industry More than a decade ago, CRDN created a category of service that today remains one of the most consistently growing industries that is unaffected by negative economic cycles. Textile restoration serves the large and fast-growing category of insurance claims in household disasters: contents. Today, CRDN operates throughout the United States, Canada and the United Kingdom. We serve more than 94% of the population in the U.S. and Canada, as well as all major population centers in the U.K., and our international footprint will continue to grow. We have successfully resolved hundreds of thousands of claims with the best people, technology and processes in the business. Insurance carriers seek out national partners that can provide one-stop solutions and that can match their own brand's sense of scale, breadth and depth. We provide that international scope, reach and leverage while keeping our services very personalized at the local level. Simply put, we have spent more than a decade building the brand, technology, processes, infrastructure and team that no individual operator can match. But by joining the best in the industry, the return far exceeds the investment. As a company founded by a local operator with 20+ years of uninterrupted growth in the garment care business, CRDN proves everyday that textile restoration enables our members to: Leverage investments in plant and equipment; Access a market niche unaffected by negative economic cycles Enjoy greater business stability. We've had more successes, salvaged more textiles, processed more claims, opened more locations, trained more textile experts, and refined better processes and technology than any network or company in the business. We have already established multiple programs with the world's largest insurance carriers, and we have defined the industry's service level agreements with contractors and insurance companies, while the competition plays catch-up. All of this and more are reasons we continue to attract new members to the CRDN family each and everyday. Contact CRDN to learn more about how the franchising process works, what the investment parameters are, how to get started, what other franchisees have said in support, and to submit your application for consideration.
The Towel & Uniform Supply Business is very unique and easy to run. You simply take orders on the phone or get notified by email you have web store orders from the primary markets like Hotels & Motels, Beauty Salons, Restaurants, and Medical Trade. Also Hospitals & Nursing Homes, Schools, Car Washes, Vet Clinics, Gyms, Health Spas, Tennis and Racquet Clubs, Country Clubs, Prisons and many other markets on a very repetitive basis. You have no overhead and this business only takes minutes a day to run. No selling! Just taking orders. You start by mailing out these very attractive, effective Color Postcard Flyers with your company name or website and your phone number on them to the select markets. Your prices will be approximately 50% lower than the competition's. Your customers can either phone the order in (answering machines work great) or they can order online from your web store. In addition to white towels, we carry over 35 beautiful colors in all sizes. You will have access to virtually every size, color, quantity and quality of towels, sheets and other related items. We also manufacture a complete line of medical apparel, factory direct. The average order is $500 and the average mark-up is 25%-50%. Not bad for just mailing out flyers and taking phone and web store orders! The combination of new orders and repeat orders will continue to greatly increase your monthly sales volume as well as your commission checks.