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Below is an in-depth analysis and side-by-side comparison of Spectrum Towels and Scrubs vs The Eco Laundry Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100 - $100,000 | $229,700 - $350,000 |
Franchise Fee | N/A | $30,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | Up to 2% |
Year Founded | - | 2010 |
Year Franchised | - | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | 2 weeks at Eco Laundry Lab & 1 week onsite |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.
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.