FRSTeam vs The Eco Laundry Company Franchise Comparison

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
 
FRSTeam Franchise
The Eco Laundry Company Franchise
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 19882010
Year Franchised 20062015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2500-


Business Experience Requirements
 
FRSTeam Franchise
The Eco Laundry Company Franchise
Experience --

Financing Options
 
FRSTeam Franchise
The Eco Laundry Company 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
 
FRSTeam Franchise
The Eco Laundry Company Franchise
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
 
FRSTeam Franchise
The Eco Laundry Company Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

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.

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.