| ||||
Updated RecentlyCertified Restoration DryCleaning Network vs FRSTeam Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Certified Restoration DryCleaning Network vs FRSTeam including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $63,650 - $508,850 | $43,375 - $409,000 |
| Franchise Fee | $24,600 - $64,600 | $25,000 - $35,000 |
| Royalty Fee | 6%-9% | 6% |
| Advertising Fee | 1% | - |
| Year Founded | 1992 | 1988 |
| Year Franchised | 2001 | 2006 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | 20% of initial franchise fee | $2500 |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | - | * Available at headquarters: 2 weeks * At franchisee's location: 1-2 days |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
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.