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Below is an in-depth analysis and side-by-side comparison of FRSTeam vs The Eco Laundry Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $43,375 - $409,000 | $229,700 - $350,000 |
Franchise Fee | $25,000 - $35,000 | $30,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | Up to 2% |
Year Founded | 1988 | 2010 |
Year Franchised | 2006 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2500 | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-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 |
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Training | * Available at headquarters: 2 weeks * At franchisee's location: 1-2 days | 2 weeks at Eco Laundry Lab & 1 week onsite |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.