Hangers Cleaners vs FRSTeam Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hangers Cleaners vs FRSTeam including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Hangers Cleaners Franchise
FRSTeam Franchise
Investment $750,000 - $1,500,000$43,375 - $409,000
Franchise Fee $50,000$25,000 - $35,000
Royalty Fee 4%6%
Advertising Fee --
Year Founded 19961988
Year Franchised 19982006
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K per territory$2500


Business Experience Requirements
 
Hangers Cleaners Franchise
FRSTeam Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Hangers Cleaners Franchise
    FRSTeam Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Hangers Cleaners Franchise
    FRSTeam Franchise
    Training -* Available at headquarters: 2 weeks

    * At franchisee's location: 1-2 days
    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Ad slicks-
    Operations

    Number of employees needed to run franchised unit: 20

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    Hangers Cleaners Franchise
    FRSTeam Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Hangers Cleaners

    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.

    About FRSTeam

    The committed FRSTeam management staff recognize that the best strategy for building a national, industry leading brand is to team up with with experienced people like you, who share their core values of family and quality. Working together, the FRSTeam licensees can collaborate with confidence and mutual support to grow their independent businesses, leverage national accounts, and maintain the highest levels of quality and service in the industry. Take the next step toward your future, and your goal of maximizing the potential of your own business! Be part of a winning team! The team with the first name in fabric restoration, FRSTeam!

    The total investment necessary to begin operation of a FRSTeam fabrics restoration franchised business is between $43,375 and $409,000. This includes between $37,375 and $47,375 that must be paid to the Franchisor or its affiliate(s). The initial franchise fee is for a territory of no more than 500,000 households. The franchise fee is increased by $10,000 for a territory with more than 500,000 households. These estimates assume that you already have an existing dry cleaning facility.