ZIPS vs The Eco Laundry Company Franchise Comparison

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

Start-Up Costs and Fees
 
ZIPS Franchise
The Eco Laundry Company Franchise
Investment $745,700 - $1,300,000$229,700 - $350,000
Franchise Fee $30,000$30,000
Royalty Fee 6%6%
Advertising Fee 5%Up to 2%
Year Founded 19962010
Year Franchised 20062015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
ZIPS Franchise
The Eco Laundry Company Franchise
Experience --

Financing Options
 
ZIPS Franchise
The Eco Laundry Company Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/--/-
Payroll -/Yes-/-

Training & Support
 
ZIPS Franchise
The Eco Laundry Company Franchise
Training It starts with a six-week training program. In qualifying you to operate a high-volume dry cleaning business, training will cover the following: - Techniques and processes in both laundry and dry cleaning - Management, daily operations and back office systems - Specific store "start-up" assistance at each new location On-The-Job Training: 364 hours Classroom Training: 36 hours

2 weeks at Eco Laundry Lab & 1 week onsite
Support An Operations Manual that provides immediate review of procedures and clear, step-by-step instructions in daily procedures and management policies taught during the training program. Site Selection Guidelines to help you make smart decisions about the site and location of your ZIPS Dry Cleaners franchise. Marketing Support promoting the ZIPS brand identity, along with creative advertising materials, marketing and promotional guidelines and much more. Ongoing Operational Support that includes complete training and management assistance coupled with overall coordination and planning for the ZIPS Dry Cleaners franchise business. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app-
Operations Number of Employees Required to Run: 12 -

Expansion Plans
 
ZIPS Franchise
The Eco Laundry Company Franchise
US Expansion Yes-
Canada Expansion Yes-
International Expansion --

Company Overviews

About ZIPS

Dry cleaning is not a new concept; dry cleaning the ZIPS way, is. It's simply "Professional Cleaning. Unbeatable Pricing." Our successful business model is based on the revolutionary concept of dry cleaning any garment for just $2.49 - that's less than half the price of today's industry average. Plus, we offer this price with same-day pickup - "in by 9, out by 5." Our competitors can't touch it. ZIPS' one price/high volume customer prepay business model outperforms independent operators with high average store sales. At the base of our success is our efficient, technology-based operating system…but that's just the beginning.
How Do We Do It?
ZIPS' efficient, technology based operating system, that's how! Our system combines proven technologies with state-of-the-art equipment.
As a ZIPS franchisee, you will use this same system to run your own ZIPS ‘one price/high volume' dry cleaning business.
Do You Qualify?
ZIPS is expanding, offering franchise opportunities to qualified individuals and groups. If selected, you may be part of the ZIPS revolution with a ZIPS Dry Cleaners' franchise of your own!  ZIPS is looking for individuals who possess the following abilities:
* Management skills
* Motivator
* Good delegator
* Ability to embrace training
* Self-motivated to succeed.

The total investment necessary to begin operation of a franchised ZIPS Dry Cleaners Business ranges from $745,700 to $1,300,000. This range includes a $30,000 franchise fee and a $7,500 software license fee that must be paid to the franchisor or its affiliate(s). If you are a developer, you will pay a development fee of $10,000 for each ZIPS Dry Cleaners Business to be developed.
Veteran Incentives  20% off franchise fee


"Entrepreneur
#317 in Franchise 500 for 2020.
#229 in Franchise 500 for 2021.


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.