Hangers Cleaners vs Certified Restoration DryCleaning Network Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hangers Cleaners vs Certified Restoration DryCleaning Network including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hangers Cleaners Franchise
Certified Restoration DryCleaning Network Franchise
Investment $750,000 - $1,500,000$63,650 - $508,850
Franchise Fee $50,000$24,600 - $64,600
Royalty Fee 4%6%-9%
Advertising Fee -1%
Year Founded 19961992
Year Franchised 19982001
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K per territory20% of initial franchise fee


Business Experience Requirements

 
Hangers Cleaners Franchise
Certified Restoration DryCleaning Network Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Hangers Cleaners Franchise
    Certified Restoration DryCleaning Network Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Hangers Cleaners Franchise
    Certified Restoration DryCleaning Network Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Ad slicks-
    Operations

    Number of employees needed to run franchised unit: 20

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

     
    Hangers Cleaners Franchise
    Certified Restoration DryCleaning Network Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Hangers Cleaners

    Founded by a chemistry professor in 1996 and now owned by Cool Clean Technologies Inc., Hangers Cleaners Inc. is an environmentally-friendly dry cleaning franchise. Stores use a carbon dioxide-based technology that is nonpolluting and safe for fabrics including Lycra, Spandex, down comforters and stuffed animals. Because no harsh solvents are used, franchisees do not have to worry about issues such as zoning restrictions, regulatory paperwork and insurance, or taxes for hazardous waste disposal.

    The company's Hangers Express Service offers a personalized, bar-coded Hangers bag; 24-hour drop-off; and both walk-in and drive-through service.

    About Certified Restoration DryCleaning Network

     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.

    The total investment necessary to begin operation of a Certified Restoration Drycleaning Network, LLC franchised business is between $63,650 and $508,850. This includes $45,600 to $64,600 that must be paid to the franchisor or its affiliates if you select Payment Plan A and $24,600 to $34,100 that must be paid to the franchisor or its affiliates if you select Payment Plan B. You should consult Items 5 - 7 of the disclosure document for further information concerning the total investment required.