Hangers Cleaners vs Pressed4Time Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hangers Cleaners vs Pressed4Time including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Hangers Cleaners Franchise
Pressed4Time Franchise
Investment $750,000 - $1,500,000$31,260 - $37,995
Franchise Fee $50,000$24,900
Royalty Fee 4%4-6%
Advertising Fee --
Year Founded 19961987
Year Franchised 19981990
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K per territory10% of current franchise fee


Business Experience Requirements
 
Hangers Cleaners Franchise
Pressed4Time Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Hangers Cleaners Franchise
    Pressed4Time Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/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
    Pressed4Time 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
    Pressed4Time 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 Pressed4Time

    Los Angeles area accountant Ken Levinson watched as dozens of his co-workers flocked to the parking lot to make a purchase from the food truck. Levinson realized there were many products and services that could be brought to workplaces in the same way. He decided to start a dry cleaning pick-up and delivery system, founding Pressed4Time in 1987. Pressed4Time franchisees set up pick-up and drop-off schedules with local businesses, delivering clothing and other items to local dry cleaners where they are cleaned, mended or altered. The company also collects shoes, handbags and luggage for repairs.
    The convenience of pick up and delivery dry cleaning combined with superior customer service ensures your satisfaction.