Nu-Look 1 Hr. Cleaners vs The Eco Laundry Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Nu-Look 1 Hr. Cleaners vs The Eco Laundry Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Nu-Look 1 Hr. Cleaners Franchise
The Eco Laundry Company Franchise
Investment $221,500 - $1,218,500$229,700 - $350,000
Franchise Fee $20,000$30,000
Royalty Fee 2%6%
Advertising Fee -Up to 2%
Year Founded 19672010
Year Franchised 19672015
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
Nu-Look 1 Hr. Cleaners Franchise
The Eco Laundry Company Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Nu-Look 1 Hr. Cleaners Franchise
    The Eco Laundry Company Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Nu-Look 1 Hr. Cleaners Franchise
    The Eco Laundry Company Franchise
    Training -

    2 weeks at Eco Laundry Lab & 1 week onsite
    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
     
    Nu-Look 1 Hr. Cleaners Franchise
    The Eco Laundry Company Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 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.