Certified Restoration DryCleaning Network vs The Eco Laundry Company Franchise Comparison

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

Start-Up Costs and Fees

 
Certified Restoration DryCleaning Network Franchise
The Eco Laundry Company Franchise
Investment $63,650 - $508,850$229,700 - $350,000
Franchise Fee $24,600 - $64,600$30,000
Royalty Fee 6%-9%6%
Advertising Fee 1%Up to 2%
Year Founded 19922010
Year Franchised 20012015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 20% of initial franchise fee-


Business Experience Requirements

 
Certified Restoration DryCleaning Network Franchise
The Eco Laundry Company Franchise
Experience --

Financing Options

 
Certified Restoration DryCleaning Network Franchise
The Eco Laundry Company Franchise
  In-House/3rd PartyIn-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

 
Certified Restoration DryCleaning Network Franchise
The Eco Laundry Company Franchise
Training -

2 weeks at Eco Laundry Lab & 1 week onsite

Support --
Marketing --
Operations --

Expansion Plans

 
Certified Restoration DryCleaning Network Franchise
The Eco Laundry Company Franchise
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.

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.


About The Eco Laundry Company

Founded in 2010, The Eco Laundry Company is an eco-friendly laundry and dry cleaning company that believes in leaving a positive footprint in the world. Commitment to sustainability and environmental stewardship are built into the DNA of their business model. The world's first laundry company to be certified B Corporation, The Eco Laundry Company's wash and fold use non-toxic biodegradable products and energy efficient machines, and their dry cleaning process is an organic and environmentally friendly alternative compared to traditional dry cleaning. With locations in Buenos Aires, Argentina and New York City, The Eco Laundry Company has franchise opportunities available for qualified candidates. Visit: www.EcoLaundryCompany.com for more information. The initial fee of $30,000 may be discounted for qualified military veterans.