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Below is an in-depth analysis and side-by-side comparison of Stanley Steemer Carpet Cleaner vs Home Cleaning Centers of America including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $117,215 - $207,200 | $25,800 - $32,500 |
Franchise Fee | $20,000 - $35,000 | $9,500 |
Royalty Fee | 7% | 3-5% |
Advertising Fee | 2% | - |
Year Founded | 1947 | 1981 |
Year Franchised | 1972 | 1984 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
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 | Yes/Yes | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/Yes | No/No |
Inventory | Yes/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Various training offered throughout the year | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op advertising, Ad slicks, National media | Ad slicks |
Operations |
Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 16 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |