Spectrum Towels and Scrubs vs FRSTeam Franchise Comparison

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

Start-Up Costs and Fees
 
Spectrum Towels and Scrubs Franchise
FRSTeam Franchise
Investment $100 - $100,000$43,375 - $409,000
Franchise Fee N/A$25,000 - $35,000
Royalty Fee -6%
Advertising Fee --
Year Founded -1988
Year Franchised -2006
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -$2500


Business Experience Requirements
 
Spectrum Towels and Scrubs Franchise
FRSTeam Franchise
Experience --

Financing Options
 
Spectrum Towels and Scrubs Franchise
FRSTeam Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/No
Start-up Costs -/-No/No
Equipment -/-No/No
Inventory -/-No/No
Receivables -/-No/No
Payroll -/-No/No

Training & Support
 
Spectrum Towels and Scrubs Franchise
FRSTeam Franchise
Training -* Available at headquarters: 2 weeks

* At franchisee's location: 1-2 days
Support --
Marketing --
Operations --

Expansion Plans
 
Spectrum Towels and Scrubs Franchise
FRSTeam Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Spectrum Towels and Scrubs

The Towel & Uniform Supply Business is very unique and easy to run. You simply take orders on the phone or get notified by email you have web store orders from the primary markets like Hotels & Motels, Beauty Salons, Restaurants, and Medical Trade. Also Hospitals & Nursing Homes, Schools, Car Washes, Vet Clinics, Gyms, Health Spas, Tennis and Racquet Clubs, Country Clubs, Prisons and many other markets on a very repetitive basis. You have no overhead and this business only takes minutes a day to run. No selling! Just taking orders. You start by mailing out these very attractive, effective Color Postcard Flyers with your company name or website and your phone number on them to the select markets. Your prices will be approximately 50% lower than the competition's. Your customers can either phone the order in (answering machines work great) or they can order online from your web store. In addition to white towels, we carry over 35 beautiful colors in all sizes. You will have access to virtually every size, color, quantity and quality of towels, sheets and other related items. We also manufacture a complete line of medical apparel, factory direct. The average order is $500 and the average mark-up is 25%-50%. Not bad for just mailing out flyers and taking phone and web store orders! The combination of new orders and repeat orders will continue to greatly increase your monthly sales volume as well as your commission checks.

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.