| ||||
Updated RecentlyNu-Look 1 Hr. Cleaners vs Pressed4Time Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nu-Look 1 Hr. Cleaners vs Pressed4Time including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $221,500 - $1,218,500 | $31,260 - $37,995 |
| Franchise Fee | $20,000 | $24,900 |
| Royalty Fee | 2% | 4-6% |
| Advertising Fee | - | - |
| Year Founded | 1967 | 1987 |
| Year Franchised | 1967 | 1990 |
| Term Of Agreement | 20 years | 10 years |
| Term Of Agreement | 20 years | 10 years |
| Renewal Fee | - | 10% of current franchise fee |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
||
| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Nu-Look 1 Hr. Cleaners
Nu-Look 1Hr Cleaners has been franchising in the United States since 1967 and started international licensing in 1995.
We are seeking qualified potential partners who share our vision in expanding our reach. Franchised businesses are one of the best ways for people to enter into the dry cleaning industry. From real estate site selection and continuous operations support, we are ready to assist you in making your Nu-Look 1Hr Cleaners a success.
Nu-Look 1Hr Cleaners has a proven business model that has lead many to success for decades.
We hope we can be a resource center for all your needs, both before you become a franchisee/licensee and after.
About Pressed4Time
Los Angeles area accountant Ken Levinson watched as dozens of his co-workers flocked to the parking lot to make a purchase from the food truck. Levinson realized there were many products and services that could be brought to workplaces in the same way. He decided to start a dry cleaning pick-up and delivery system, founding Pressed4Time in 1987.
Pressed4Time franchisees set up pick-up and drop-off schedules with local businesses, delivering clothing and other items to local dry cleaners where they are cleaned, mended or altered. The company also collects shoes, handbags and luggage for repairs.
The convenience of pick up and delivery dry cleaning combined with superior customer service ensures your satisfaction.