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Updated RecentlyHangers Cleaners Franchise
Environmentally friendly dry cleaning
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.
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How much does it cost to open a Hangers Cleaners Franchise?
The investment required to open a Hangers Cleaners Franchise is between $750,000-$1,500,000. There is an initial franchise fee of $50,000 which grants you the license to run a business under the Hangers Cleaners name.
Individual Unit Costs
- Initial Investment:
$750,000-$1,500,000 - Initial Franchise Fee:
$50,000 - Royalty Fee:
4% - Advertising Fee:
- Term of Agreement:
10 years - Renewal Fee:
$5K per territory
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When did Hangers Cleaners start Franchising? 1998
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2003 | 60 | 3 | 0 | 0 |
| 2002 | 51 | 0 | 0 | 0 |
| 2001 | 51 | 0 | 0 | 2 |
| 2000 | 29 | 0 | 0 | 0 |
| 1999 | 7 | 0 | 0 | 0 |
International: Canada,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Ad slicks
Number of employees needed to run franchised unit: 20
Absentee ownership of franchise is allowed.
Business Experience:
To calculate how much income a franchise owner can do at Hangers Cleaners Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Hangers Cleaners and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Hangers Cleaners franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Hangers Cleaners
Hangers Cleaners Inc.
3505 County Rd., 42 W.
Burnsville,
MN
55306-3803